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SGX trading glitch a blip on the radar

Apart from the penny stock selloff and STI's 1% plunge, the unexpected tech wrangle disrupted trading early on Monday morning

Published Mon, Apr 17, 2017 · 09:50 PM

Singapore Stocks

AT first glance, the Straits Times Index's 30.94 points or one per cent plunge to 3,138.3 and a data connectivity glitch on Fidelity National Information Services' (FIS) SunGuard systems that disrupted trading of selected equity traders connected to FIS's system in the morning were the main features of Monday's trading.

For many, these would suffice, the index's loss coming in the wake of last Thursday's Wall Street selloff that was triggered by heightened geopolitical risk surroundin…

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