For the Quarter ended on March31, 2011, SGX posted a net profit of S$67.02 million which is low as compare to last year profit of S$74.6 million in the same period. This fall is due to the failure of ASX deal which involves huge cost and higher technology spending.

But after the failure to win back its offer for the Australian Securities Exchange (ASX), Singapore Exchange (SGX) is still open to other merger and acquisition deals, said by chief financial officer Seck Wai Kwong.

TSE has said that the Singapore Exchange should not raise its offer to buy ASX because that would bring further dilution for its shareholders. The chief executive of the Tokyo Stock Exchange has commented that SGX has already enhanced its offer to buy ASX which is the Australian bourse operator. Tokyo Stock Exchange also holds 5 percent stake in the Singapore bourse.

Singapore Exchange Ltd. has offered to give more board seats to the Australians. Singapore Exchange Ltd. is now pursuing a A$7.78 billion ($7.78 billion) deal to takeover ASX Ltd. The main aim of such offer is to settle the opposition of the lawmakers.

The ASX-SGX Ltd. board has decided to include five Australian and five Singaporean citizens in the team of 13 members. This has been informed by ASX in a statement today.

Yesterday, the bourse operator has mentioned that a five-fold jump in market capitalization of The Singapore Exchange (SGX) has been recorded for new listings in the year 2010.

According to Singapore Exchange, it had experienced some technical problems initially on Tuesday. However, the stock trading was eventually able to begin according to schedule.

Singapore Exchange Ltd., the operator of Singapore city's derivatives and securities market, will be doing away with its noon trading break coming March onwards so as to increase its local role.

First green infrastructure of Singapore trust has been launched on the local bourse, underlining the rising green infrastructure asset sector in the state.

The Singapore Exchange announced on Tuesday that K-Green Trust has started dealing on its Main board, under the ticker symbol K-Green.