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SGX given 6-point action plan for market outages
It implements three with immediate effect; MAS lifts fee moratorium following market operator's improvements
Add BT as a preferred sourcePublished Mon, Mar 20, 2017 · 09:50 PM
Singapore
A SECURITIES industry working group convened after a July 2016 market outage is recommending that the Singapore Exchange (SGX) adopt clearer continuity plans and maintain closer coordination with the industry and service providers.
The working group drew up half a dozen recommendations, which the regulator, the Monetary Authority of Singapore (MAS), has accepted; it has directed the SGX to implement them within two years.
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