The risk controls will be implemented in the SGX derivatives market by the third quarter of 2011.
Singapore Exchange president Gan Seow Ann said as the exchange embraces high speed trading and new technology to meet diverse needs of our global trading community, this initiative will strengthen the exchange marketplace by enhancing the capability of SGX members and their customers to manage risk exposure more effectively.
"It will further promote direct access to the SGX trading platform, thereby widening our market reach and distribution," Ann.
Customers of SGX Clearing Members currently connect their trading systems to their Clearing Member’s risk management systems for pre-trade risk checks.
With SGX pre-trade risk controls, customers can now connect their order management systems directly to SGX’s trading engine.
