Singapore Exchange is an equity and derivatives exchange, and clearinghouse in Singapore. Asset classes span across equities, fixed-income securities, and derivatives in equity indexes, foreign exchange, energy and commodities, and freight. In addition to all financial instruments on its exchange, Singapore Exchange's clearinghouse also offers clearing services for over-the-counter financial and commodities products. Other products include subscriptions of market data, connectivity to the exchange and co-location services. Singapore Exchange owns the Energy Market Company, which operates the National Electricity Market in Singapore, and the Baltic Exchange in the United Kingdom.