Singapore Exchange (SGX) plans to upgrade its trading and order
management systems to deal with an expected surge in order
traffic on single stock futures (SSFs) and bring the exchange
up to date after falling behind in the exchange technology arms
We will be pretty close to the top end of the pile in
terms of exchange technology when the upgrades are
complete, SGXs Muthukrishnan Ramaswami, senior
executive vice president and head of operations and technology,
told FO Week. He explained that following the migration of
SGXs order management system away from the exchange to a
GL Trade system, expected to be completed by March next year,
the final transition of products to the OMX-powered QUEST
Securities Trading platform in July.
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