Home THE DAILY EDGE Business Singapore Exchange says trading unaffected by early glitch
Singapore Exchange says trading unaffected by early glitch

Tags: Singapore Exchange

Written by Reuters   
Tuesday, 25 January 2011 13:15
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Singapore Exchange (SGXL.SI) said it faced technical problems earlier on Tuesday but stock trading was able to start as scheduled.

"We have established that all broking firms had trades done on SGX securities market in the first half hour when the market opened promptly at 9 a.m. this morning," said a spokeswoman for the Singapore bourse.
“The connectivity occurrence was prior to the market pre-open period at 8:30 a.m.,” she added.

Three traders told Reuters, however, they had difficulty keying in orders during the first 25 minutes of trading.

A fourth person, a manager at a stock broking firm who declined to be named because he was not authorised to speak to media, said the connection problems at his firm were resolved before trading started but several orders that had been keyed in earlier were lost.
 

 

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Last Updated on Tuesday, 25 January 2011 13:32
 

Comments 

 
0 #1 Peng Hock Lee 2011-01-26 17:43 Don't hide glitches under the rug - this report has a tint of "living in fear" seige from investors'perspectives