What is the relationship between Singapore exchange and Singapore in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

Subject to final approval by the Monetary Authority of Singapore (MAS), ICE’s Singapore exchange and clearing house expects to trade and clear the first tranche of contracts below: Mini Offshore Renminbi futures These contracts reflect customer demand and complement ICE’s existing portfolio of financial and commodity benchmark contracts.

Answer: headquarters_location