Technical failure interrupts SGX derivatives market

Trading was halted for an hour and a half.

SGX assured the public that trading would be back to normal today after they were forced to switch certain services to backup systems as worried members couldn’t connect to the market yesterday.

“Fair, orderly and continuous trading resumed successfully with an opening auction at 2130 hours and continuous matching at 2145 hours. We apologise for the inconvenience caused,” a release from SGX said.

The interruption was initiated after members reported not being able to connect to the market on 7:56pm.

“SGX informs that the Derivatives market is expected to re-open with a pre-open at 21.30, non-cancel at 21.43, with trading commencing at 21.45. The market will close per normal,” the release added.