Singapore, 6 November 2014 … In response to media queries, the MAS Spokesperson said that MAS takes a serious view of the trading halt experienced by SGX’s securities and derivatives markets due to multiple power supply issues. MAS has instructed SGX to take immediate remedial action to prevent a recurrence.  MAS has also instructed SGX to conduct a thorough investigation to find out the root cause of the outage and submit its investigation findings to MAS.

The MAS spokesperson reiterated that MAS will not hesitate to take appropriate regulatory and supervisory actions against SGX should lapses be uncovered in the investigations.