SGX derivatives market extends trading hours
One-hour extension will enable customers to give prompt response to news and global market movements.
Singapore Exchange (SGX) on Wednesday said its derivatives market will introduce various enhancements from 30 August including an extension of trading hours, according to an SGX report.
The derivatives market will extend its trading hours to 2.00 am from 1.00am. Other enhancements include a narrowing of the trading break between the T session close and the start of the Pre-Open of the T+1 session for the SGX Nikkei 225 Index and SGX MSCI Taiwan Index suite of products. The break will be shortened to 30 minutes.
“The new hours of the exchange will allow customers to better manage their positions in response to news and market movements during the European and North American trading hours. This enhancement further strengthens our Asian Gateway offering and affirms our commitment towards making our market more accessible to international and domestic customers,” said Ms Janice Kan, Senior Vice President, Derivatives at SGX.