Bloomberg News

Singapore Good Place for Water Derivatives Exchange, Times Says

October 11, 2012

Singapore would be a natural setting for a water derivatives exchange and it’s in country’s interest to set one up, the Straits Times reported, citing carbon-trading pioneer Richard Sandor.

Singapore could become the first water exchange in the world, supported by its water services industry expertise and solid regulations, the Straits Times quoted Sandor as saying. Having a water exchange would encourage more efficient use of the resource, he said.

To contact the reporter on this story: Colin Keatinge in Singapore at ckeatinge@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net


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