SGX to upgrade derivatives trading platform

Singapore

SINGAPORE Exchange (SGX) will be upgrading its derivatives trading and clearing platforms to accommodate the strong volume growth in its derivatives business.

The improved platforms, SGX Titan, will strengthen SGX's risk controls and system safeguards to help market participants manage their trading and clearing positions on a 24-hour basis, SGX said. They are expected to be rolled out around the end of calendar year 2016.