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
Keppel sells stake in Dyna-Mac for S$100 million
STI climbs 0.8% on Friday, tracking regional rally
China’s Zeekr prices US IPO at top of range to raise US$441 million
Hin Leong founder OK Lim found guilty of 3 criminal charges
New weight-loss, diabetes drugs reach one in eight Americans
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO