SGX updates that all securities post trade online systems, including the client-accounting system (CAS) hosted by SGX on behalf of member firms, have been available to its members since 0600hrs. This is to enable member firms to complete client position reconciliations, and rectify any errors in the end-of-day processing in the CAS for 1st December 2014.
The securities market will start continuous trading at 1230hrs with the pre-open routine at 1200hrs on 3rd December 2014. The market will remain open till 1700 hrs and close as per normal.
SGX has identified that the software error, which has since been rectified, was caused by programming changes performed over the weekend.
SGX has been in regular communication and is working closely with its members firms to advance the end-of-day processing for trading to commence at 1230 hrs.
We will continue to update the market on the progress.