SGX's Nov glitch stemmed from data centre at Keppel Digihub: sources
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Anita Gabriel
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Singapore
SINGAPORE Exchange's (SGX) massive system failure last month that paralysed trading on the local bourse for over three hours stemmed from a glitch at the exchange's data centre housed in Keppel Digihub.
The Business Times understands that a power outage at the SGX data centre in Serangoon North, touted back in 2011 at its launch as a state-of-the art and powerful trading system that will boost trading speed and connectivity to global markets, had triggered one of the biggest market disruptions of South-east Asia's largest bourse in recent years.
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