Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 30 June 2011, 09:00 HKT/SGT

Source: Singapore Exchange (SGX)
SGX Securities Market Trades All Day from 1 August

SINGAPORE, June 30, 2011 - (ACN Newswire) - Singapore Exchange's (SGX) securities market will trade continuously all day from 1 August.

Market hours will therefore overlap more with those of other Asian exchanges, enabling investors trading pan-Asian securities to respond to regional market movements and news flow.

Investors will also face less risk as they will be able to manage their open positions in the securities market non-stop between 9.00am and 5.00pm Singapore time. SGX's derivatives market already trades continuously.

Continuous all-day trading will enhance Singapore's competitiveness as an international financial centre.

In Asia, Korea Exchange, India's National Stock Exchange and Australian Securities Exchange already trade non-stop all day. Other international exchanges such as New York Stock Exchange, NASDAQ and London Stock Exchange also operate continuous trading sessions.

More recently, Hong Kong Exchanges and Clearing has increased its trading hours while Tokyo Stock Exchange plans to do so in the near future. Both have cited the need to strengthen competitiveness and enhance convenience for investors.

Once trading is continuous all day, SGX Member firms will offer retail investors various ways to execute orders. These include online trading services, the use of central dealing desks where orders can be channelled for order execution when Trading Representatives or brokers are away, the appointment of a back-up Trading Representative, and the use of mobile technology by Trading Representatives to execute orders when they are off-premises.

"We welcome continuous trading giving investors the ability to respond to regional market movements, and flexibility to execute orders any time during the trading day. We are very pleased that SGX Member firms will offer a range of different services for investors to access the markets, giving more choice and flexibility to the investor," said Mr David Gerald, president of the Securities Investors Association (Singapore). More information on broker services for retail investors is provided below.

"Continuous all-day trading will offer all investors more opportunities to trade and manage their risks. By embracing trading hours which are aligned with those of other key markets, Singapore will make further progress as an international financial hub," said Mr Magnus Bocker, CEO of SGX

Broker services for retail investors:

Member firms are providing various services to ensure seamless trading for retail investors when the securities market trades continuously all day. In some cases, Trading Representatives (dealers and remisiers) will man their desks throughout the period between 12.30 pm and 2.00 pm, when the market previously shut for the midday break. If they are away from their desks, Member firms will use existing arrangements to service investors' needs. These include:

- the use of central dealing desks, where Trading Representatives may channel their customers' orders to central dealers (who are licensed Trading Representatives) for order execution;

- the appointment of a back-up Trading Representative to handle customers' orders when the primary Trading Representative is away from the office;

- the use of mobile technology or hand-held equipment for order execution by Trading Representatives who are working off-premises.

Investors can also use other channels, such as on-line internet trading services to directly execute orders.

Retail investors can access more information from their respective dealers, remisiers and Member firms. They can also log on to SGX's website at for more information on continuous all-day trading and arrangements for order execution from tomorrow, 1 July 2011. Members' websites will also carry this information in the coming week, and by next Wednesday, 6 July 2011. Information on continuous all-day trading will also be available on SIAS' website at

About Singapore Exchange (SGX)

Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most international exchange with about 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies - China, India and Japan.

In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's pioneering central clearing house. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a leading Asian counterparty for the clearing of financial and commodity products. For more information, please visit

Carolyn Lim
Tel: +65 6236 8139
Email: [email protected]

Joan Lew
Tel: +65 6236 8658
Email: [email protected]

June 30, 2011 09:00 HKT/SGT
Source: Singapore Exchange (SGX)

Topic: New Service
Sectors: Daily Finance, Daily News
From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Singapore Exchange (SGX)
Dec 12, 2019 18:00 HKT/SGT
Fortune Times Names Mr Vito Xu Rongcan, Chairman of SAMPL, Manager of SGX-Listed Sasseur REIT, as Asia's Top Entrepreneur for 2019
Oct 1, 2019 19:00 HKT/SGT
Sasseur REIT Wins Best Retail REIT, Best Investor Relations and Best CEO at Asia Pacific REITs Awards 2019
Apr 18, 2019 15:00 HKT/SGT
SGX Bull Charge kicks off 2019 fundraising with Sasseur Asset Management as Premium Partner
Nov 23, 2018 21:20 HKT/SGT
EMC Launches Electricity Procurement Portal for Singapore Businesses
Oct 25, 2016 16:30 HKT/SGT
Medical Services Group HC Surgical Specialists Launches Initial Public Offer at S$0.27 Per Share
Oct 5, 2016 18:30 HKT/SGT
Six SGX-Listed SMEs Present at 'Discovering Value in SGX Small Caps' Investment Seminar
May 28, 2015 18:00 HKT/SGT
More Search Firms Partnering Singapore's Diversity Action Committee in Pro-Diversity Effort
May 22, 2015 19:00 HKT/SGT
Singapore Exchange (SGX) and Zhengzhou Commodity Exchange (ZCE) Seal Collaboration with MOU
Apr 22, 2015 18:00 HKT/SGT
Singapore Exchange (SGX) sees another Quarter of Growth with Net Profit of $88 million
Apr 17, 2015 12:30 HKT/SGT
Bank of China, BOC International Holdings and SGX Expand Collaboration on Renminbi and Market Developments
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: