# Malaysian central bank slams Ice and SGX over ringgit futures - Central Banking

> Bank Negara Malaysia condemned the Singapore Exchange and ICE for offering ringgit futures to offshore participants, saying this breaches Malaysia's foreign exchange rules. The central bank has regulatory concerns about offshore ringgit trading.

- Date: 2017-08-22 · published 2017-08-22T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69729-malaysian-central-bank-slams-ice-and-sgx-over-ringgit-futures-central-banking
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

This is a regulatory dispute over currency trading venues, with no direct supply, demand or price effect on agricultural commodities.

## Read by commodity

- USDMYR: neutral

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/financial-stability/micro-prudential/3286351/malaysian-central-bank-slams-ice-and-sgx-over-ringgit-futures

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.