Sign up for free newsletter

 

Singapore

SGX explains delay in derivatives market trading

Tue, 09/04/2013 - 12:18

Singapore Exchange has investigated today’s delayed opening of the derivatives market and confirmed that it was not related either to market volumes or changes to the system.

 
The delay was caused by a system monitoring process which did not function as expected. As a result, a routine maintenance activity which must be carried out before the derivatives market opens, did not complete on time.
 
The derivatives market opened at 10.45 am Singapore time with all contracts available for trading.
 
“We know that today’s outage inconvenienced our customers and we apologise for this. Please be assured that we view such issues seriously and will take all the necessary steps to further improve our processes,” says Tim Utama, chief operations and technology officer of SGX.


Subscribe to free daily newsletter
latestjobs
Fixed Income Dealer, London

Wed, 04 Mar 2015 00:00:00 GMT

SQL Developer

Wed, 04 Mar 2015 00:00:00 GMT

IT Project Manager – Global Markets

Wed, 04 Mar 2015 00:00:00 GMT

events
23 hours 59 min from now - London
23 hours 59 min from now - San Francisco
4 days 23 hours from now - Boston
specialreports