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Singapore Exchange Limited To Provide Full Market Depth Information From July

Date 09/04/2002

Singapore Exchange Limited (SGX) today announced that it will make available full order book information on the SGX securities market to investors when it launches SGX SecuritiesBook - a new market data feed system - on 1 July 2002.

The system, available on a subscription basis, will provide retail and institutional investors access to all the 50 levels of bid and offer prices of the various stocks, via SGX broking members and market data vendors.

Mr Thomas Kloet, CEO of SGX, said, "This initiative will empower investors to make better-informed decisions with greater transparency and an enhanced price discovery process. It is part of our efforts to attract greater institutional and retail interests to our market, and a significant step towards our development as an international marketplace with a world-class infrastructure."