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Singapore Exchange trading unaffected despite early technical faults

singapore-exchangeAccording to Singapore Exchange, it had experienced some technical problems initially on Tuesday. However, the stock trading was eventually able to begin according to schedule.

A spokeswoman for the Singapore bourse informed that they have affirmed that the entirety of the broking firms had finished with their trades on SGX securities market in the former thirty minutes while the market had opened promptly at 9 o'clock today morning.

She further said that the connectivity happened before the market pre-open period at 8:30 a. m. today morning.

But news agency Reuters was told by traders that they faced some problems in keying in orders at the time of the initial 25 minutes of trading.

Meanwhile according to a manager of a stock broking firm, who requested anonymity since he is not authorised to discuss all this with media, the connection issues in his firm were taken care of prior to the beginning of trade. However quite a few orders which had been keyed in before got lost.

$3.8 billion has been lent to Singapore Exchange for the purpose of its proposed joint venture with the Australia Securities Exchange.