# Straits Financial Services Pte Ltd Successfully Participates in First Trades of SGX McCloskey FOB Australia Hard Coking Coal Futures

- Link: https://www.thailand-business-news.com/pr-news/straits-financial-services-pte-ltd-successfully-participates-in-first-trades-of-sgx-mccloskey-fob-australia-hard-coking-coal-futures
- Published: 2026-09-10T07:00:00+07:00
- Author: PR Newswire

SINGAPORE, Sept. 10, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (SFSPL),
a member of Straits Financial Group, is pleased to announce its successful participation
in the first trades of the SGX McCloskey FOB Australia Hard Coking Coal Futures,
marking an important milestone in the development of risk management solutions for
the global metallurgical coal market.

Straits Financial Services’ participation in the inaugural trades reflects its continued
commitment to supporting the development of commodity derivatives markets and providing
clients with access to a broad range of exchange-traded risk management solutions.

The new contract further strengthens the suite of commodity products available to
participants across the steelmaking value chain, including producers, traders, consumers
and financial institutions. By providing a transparent and centrally cleared marketplace,
the contract can support price discovery and help market participants manage exposure
to fluctuations in hard coking coal prices, a critical raw material in global steel
production.

Mr Roger Quek, CEO and MD of SFSPL said: "As commodity markets continue to evolve,
access to transparent and liquid derivatives instruments is increasingly important
for participants looking to manage price risk effectively. We look forward to supporting
the growth of this market and continuing to connect our clients with opportunities
across global commodity markets."

Participation in the inaugural SGX McCloskey FOB Australia Hard Coking Coal Futures
trades further demonstrates Straits Financial Services’ commitment to supporting
product innovation and the continued development of Asia’s commodity derivatives
ecosystem.

**About Straits Financial Services Pte Ltd**

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key
and innovative contracts to support the financial and commodity derivative markets
as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we
provide value to our clients by enabling global access with a local perspective.
Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial
Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully integrated service for our clients
to access the financial and commodity derivative markets and we strive to build 
lasting relationships with our clients.

For more information, please visit our website at [https://www.straitsfinancial.com](https://www.straitsfinancial.com/).

This document is issued for information purposes only. This document is not intended
and should not under any circumstances to be construed as an offer or solicitation
to buy or sell, nor financial advice or recommendation in relation to any capital
market product. All the information contained herein is based on publicly available
information and has been obtained from sources that Straits Financial Services Pte
Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of 
any kind (whether direct, indirect or consequential losses or other economic loss
of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or
otherwise, any reliance on such information. Past performance or historical record
of futures contracts, derivatives contracts, and commodities is not indicative of
the future performance. The information in this document is subject to change without
notice.

If after reading the foregoing content you have any doubts in relation thereto, 
please consult your own independent legal, financial and/or professional adviser.

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