SUBSCRIBERS

SGX, 'sorry' isn't good enough; let's have an independent review

Published Thu, Dec 4, 2014 · 09:50 PM

I READ with interest your headline report, "Second market stoppage in a month triggers SGX 'sorry' and MAS warning" (BT, Dec 4).

This makes a mockery of the whole incident as it is the second major disruption within a short space of less than a month. It is even more painful to realise that S$250 million was spent in upgrading the computer systems just a couple of years ago to make it one of the best systems in the region, if not the world.

Saying "sorry" is not good enough. What we need now is a thorough investigation - maybe even an independent committee formed to review the embarrassing incidents.

Copyright SPH Media. All rights reserved.