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Broker's take: DBS raises SGX's target price on index firm acquisition

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There are also potential links with SGX's product platform and opportunities for cross-selling, given Scientific Beta's relationships with more than 60 asset owners and asset managers, analyst Lim Rui Wen wrote.

"We believe SGX will continue to benefit from strong demand for risk management instruments, as it continues to execute growth strategies to build a multi-asset exchange," said Ms Lim.

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