SGX sets up group to get to bottom of July 14 trading breakdown
Its members include those from SGX's securities market, representatives from the investment community, independent experts and software vendors
Singapore
THE Singapore Exchange (SGX) on Tuesday said that it has formed a Securities Industry Working Group (IWG), in consultation with the central bank, to study among other things, the extended market disruption that occurred on July 14 this year.
The group will assess and make recommendations on ways to improve the stock market's operational resilience. It will also consider feedback from members and participants as well as SGX's own investigations following the July 14 system failure.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Brokers’ take: KGI initiates Winking Studios with ‘outperform’, S$0.34 target price
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
Asia’s first spot Bitcoin and Ether ETFs gain in Hong Kong debut
Cromwell E-Reit posts 10.2% drop in indicative Q1 DPU to 3.505 euro cents
Bangkok airports set for US$4.8 billion expansion as tourism booms