Singapore Exchange stock price hits all-time high after connecting foreign exchange trading platform with Chicago Mercantile Exchange.

The stock price of the Singapore Exchange surged by 3.7% at one point, reaching a historical high. Prior to this, the exchange announced the integration of its foreign exchange department with the Chicago Mercantile Exchange Group's Spot FX trading platform. According to a statement released by the new exchange's foreign exchange department on Tuesday, traders can now access liquidity for various services including Spot+, EBS Spot, non-deliverable forwards, and spot precious metals from both the new exchange and CME Group.