Delays in opening of Nikkei Index, derivatives trading on SGX

Employees of a stock security company work at their terminals as a screen displays the Nikkei index after the closure of the Tokyo stock exchange in Tokyo. PHOTO: AFP

SINGAPORE - Trading in some derivatives contracts on the Singapore Exchange (SGX) was delayed on Thursday morning (Dec 8), the bourse said.

The opening of Nikkei 225 Index Futures trading was delayed, SGX said at 8.47am. Trading started only at 10am.

In an exchange filing at 9.16am, Macquarie Bank said its designated market-maker, Macquarie Capital Securities,was unable to make market in all warrants relating to the Nikkei 225 due to the technical issue.

Macquarie Capital Securities resumed providing buy and sell quotes for the affected warrants at around 10.16am, it said.

The exchange confirmed the normalisation of all trading on its derivatives markets at 10.23am.

This hiccup is the latest to affect the Singapore stock exchange. Most recently, hardware problems triggered the shutdown of the securities market in July this year.

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