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NEWS UPDATES Asean Affairs   12 April 2013  

SGX explains delay in derivatives market trading

Singapore Exchange has investigated today’s delayed opening of the derivatives market and confirmed that it was not related either to market volumes or changes to the system.

The delay was caused by a system monitoring process which did not function as expected. As a result, a routine maintenance activity which must be carried out before the derivatives market opens, did not complete on time.

The derivatives market opened at 10.45 a.m. Singapore time with all contracts available for trading.

“We know that today’s outage inconvenienced our customers and we apologise for this. Please be assured that we view such issues seriously and will take all the necessary steps to further improve our processes,” said Tim Utama, Chief Operations and Technology Officer of SGX



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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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