Delay hits derivatives trading on local bourse, Latest Business News - The New Paper

Delay hits derivatives trading on local bourse

This article is more than 12 months old

Trading in some derivatives contracts on the Singapore Exchange (SGX) was delayed yesterday morning, the bourse said.

The opening of Nikkei 225 Index Futures trading was delayed, SGX said at 8.47am. Trading started only at 10am.

In an exchange filing at 9.16am, Macquarie Bank said its designated market-maker, Macquarie Capital Securities, was unable to make market in all warrants relating to the Nikkei 225 due to the technical issue.

Macquarie Capital Securities resumed providing buy and sell quotes for the affected warrants at 10.16am, it said.

The exchange confirmed all trading on its derivatives markets was normal at 10.23am.

The Singapore stock exchange has been hit by other hiccups in the past. The most recent one was when hardware problems triggered the shutdown of the securities market in July this year.

Singaporestock marketTRADING