Singapore, 5 November 2014 … In response to media queries on the trading halt experienced by SGX’s securities and derivatives markets, the MAS Spokesperson said that SGX has informed MAS that its securities and derivatives market systems were not functioning due to a technical fault. During the trading halt, all SGX members were disconnected from SGX’s trading engines.

MAS understands that affected members were duly informed and securities market services resumed after 5.15pm today while derivatives market services resumed at 7pm. SGX is investigating the cause of the fault.

The MAS spokesperson reiterated as part of IT and operational risk management, approved exchanges are required to investigate promptly the causes of system breakdowns and take immediate measures to rectify system failures and restore customer services. MAS is following up closely with SGX on the investigations.