Singapore Exchange (SGX) chief executive Loh Boon Chye received a total remuneration of S$8.37 million for the financial year ending June 30, 2026, marking a 7.1% increase from the S$7.82 million earned in the previous year. The rise in compensation primarily reflected higher cash bonuses and long-term incentives, which together constituted nearly 85% of his total pay package.

Loh’s cash bonus for FY2026 amounted to S$3.54 million, an 8.4% increase from FY2025, awarded as a result of meeting specific quantitative and qualitative targets set by the exchange. Long-term incentives, including performance shares tied to three-year targets and awards under SGX’s deferred long-term incentive scheme, also rose by 8.4% to S$3.54 million. His fixed salary largely remained steady at around S$1.21 million.

Other senior executives at SGX also saw pay increases during the period. President Michael Syn’s compensation rose 16.2% to S$3.45 million, while Tan Boon Gin, CEO of Singapore Exchange Regulation, earned S$2.44 million, up 7% from the previous year.

The jump in executive pay coincided with a strong financial performance by SGX in FY2026, which saw the exchange report record revenue and net profit. Total revenue grew 13.9% to S$1.48 billion, while adjusted net profit climbed 24.6% to S$759.5 million. This growth was widespread across the exchange’s operating segments, driven notably by increased activity in the stock market amid government and central bank initiatives.

The Straits Times Index surpassed the 5,000 mark for the first time in February 2026, and the daily average value of securities traded exceeded S$2 billion during the final five months of the financial year. Loh highlighted a robust initial public offering pipeline, heightened trading volumes, and renewed investor participation across multiple segments as indicators of growing market confidence.

In addition to equities, SGX experienced strong trading activity in its foreign exchange and commodities divisions. Loh pointed to the evolving landscape of traditional marketplaces, citing the emergence of prediction markets—platforms where contracts are traded based on the outcomes of future events—as an area SGX is examining to potentially meet customer needs for economic and risk management tools.

Looking ahead, the exchange plans to fully repay its remaining debt by FY2027 and intends to increase its quarterly dividend by 0.25 Singapore cents annually through FY2028. Following capital recycling gains in FY2026, the SGX board has proposed a one-time special dividend of 12.5 cents per share, supplementing an already announced fourth-quarter dividend. This will raise the total dividend payout to 57 cents per share for the year, a 52% increase compared to FY2025.

SGX expects broad-based growth to continue into FY2027, maintaining its medium-term guidance for group revenue growth of between 6% and 8%.