A TECHNICAL glitch prompted the Singapore Exchange (SGX) to suspend one of its platforms for the fifth time in two years on Thursday, frustrating traders and raising concerns about the market's reputation.
The securities market had been open for just 21/2 hours when it was shut down at 11:38 am. SGX said the move was due to duplicate trade-confirmation messages being generated, although no duplicate trades were executed.
Trading was supposed to resume at 2 pm, but this was later pushed back to 4 pm to allow for member reconciliation to be completed.
source: the biz times.