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SGX To Provide Live Information On Securities Lending Pool On Website

Date 11/04/2002

Singapore Exchange Limited (SGX) today announced that live information on the securities lending pool will be accessible via the Internet from 15 April 2002. The information will be provided on the website of the Central Depository (CDP), the securities clearing and depository division of SGX, at www.cdp.com.sg.

The lending pool comprises the list of lendable securities and the corresponding indicative quantity for each security. The information in the lending pool is updated with each borrowing, on a real-time basis.

This latest enhanced securities lending facility provides a convenient source of information on available stocks for loan to all market participants and investors. Market participants and investors will be able to use this information to make more timely decisions to cover potential fail trades, and to support their trading strategies. Currently, such information is already only accessible to registered borrowers, who are CDP's Depository Agents.