Singapore Exchange (SGX) remains committed to its plan to buy the Baltic Exchange despite the upheavals in financial markets triggered by the UK's historic vote to quit the European Union.
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SGX said it did not expect the Brexit vote to impact its purchase negotiations, which are close to completion.
Michael Syn, head of derivatives for SGX, said: "The marketplace for shipping is global in nature, and the Baltic Exchange plays a leading role in service of this marketplace.
"In
