Singapore Exchange Ltd (SGX) received reports today from securities member firms that they were experiencing slowness in the display of order information on their trading terminals.
SGX clarifies that the securities CLOB trading engine was operating normally today and that trades were duly matched. However, the high volume of order entries caused congestion in the retrieval and display of order information on the majority of trading terminals, including SESOPS and members’ own order management systems. We note that a few member firms with their own systems were not affected.
Member firms using SESOPS have been advised to rely on the best bid/offer prices which remain timely in the event of further congestion in the display of the order queue.
