The system, known as "SMARTS", employs the latest technology to automatically detect and alert the exchange of irregular market behaviour such as unusual price movements or trading volumes. The system also enables SGX to replay historical trading, allowing investigators to identify the sequence of orders, quotes or trades that gave rise to a particular situation.
Alan Shaw, Executive Vice President and Head of Risk Management and Regulation, SGX said, "The introduction of this system is a timely one. It enhances our existing capabilities to provide a fair and efficient trading environment with the highest standards of integrity."
