Singapore bourse introduces dual currency trading

SINGAPORE, March 22 Wed Mar 21, 2012 8:08pm EDT

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SINGAPORE, March 22 (Reuters) - Singapore Exchange is introducing dual currency trading which will allow securities such as stocks and exchange traded funds (ETFs) to be traded in two different currencies.

The exchange said in a statement that Hutchison Port Holdings Trust would be the first listed security to launch dual currency units, in U.S. dollar and Singapore dollar, and will start trading on April 2. (Reporting by Harry Suhartono)

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