SGX opens consultation on new 'Iris-ST' trading engine
The consultation is open until 31 December 2025.
SGX Group to hold public consultation on its new trading engine, Iris-ST, scheduled for implementation in the latter half of 2027.
The amendments cover key enhancements, including the introduction of new auction price collars, extension of the non-cancel phase during auction, with a change to allow order entry.
Additionally, a new pre-trade risk control system will be introduced, leading to the removal of the current exchange-hosted error prevention mechanisms.
The consultation is open until 31 December 2025.