The Singapore Exchange Limited is Asia Pacific’s first demutualised and integrated securities and derivatives exchange. SGX was formed on December 1st, 1999, with the merger of Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). In November of 2000, SGX was the first Asian Pacific exchange to be listed via a public offer and private placement.
SGX offers access via QUEST, an electronic trading platform. Access is given through exchange-approved Order Management Systems developed by either exchange members or Independent Software Vendors.
You can find the preceding exchange information on SGX’s website at: http://www.sgx.comwww.sgx.com.
Time and Time Zone
Set the machine that hosts the TT SGX Gateway to run in (GMT+8:00) Singapore Standard Time zone and time. You must turn-off the Automatically adjust clock for daylight saving changes setting.
Ensure the time zone is set correctly. Failure to do so will result in an incorrect fill transaction time.
Required Connection Information
Users must work with the exchange to acquire the following connection information:
- User IDs
- Connection IP address and port
Exchange API Interface
SGX uses the OM API interface for connectivity. For a list of required broadcasts, refer to Exchange API Text Fields and Broadcasts.
The SGX matching engine is located in Singapore.
Prices at SGX are determined through Price/Time Priority. Alternatively, prices may also be determined using alternative algorithms: Price Point Maker (PPM), Market Maker (MM), and Pro-Rata Order and Matching.
Pro-Rata Order and Matching only applies to EY products.
For more detailed information on price discovery, see the SGX website at http://www.sgx.comwww.sgx.com.
SGX offers the following types of products:
- Bonds, Debentures and Loan Stocks
- Business Trusts
- Exchange Traded Funds (ETFs)
- Global Depository Receipts (GDRs)
- Infrastructure Funds
- Real Estate Investment Trusts (REITs)
- Short-Term Interest Rate Futures and Options on Futures
- Long-Term Interest Rate Futures and Options on Futures
- Equity Index Futures and Options on Futures
- Structured Warrants*
The exchange may change its listed products at any time. Contact SGX or visit their website at http://www.sgx.comwww.sgx.com/ for currently listed products. *Also, Structured Warrants are not supported by the TT SGX Gateway.
SGX offers different trading hours for their securities and derivatives markets.
SGX trading hours for derivatives vary by contract. The table below shows the earliest start and latest end times for each session.
SGX T Session
SGX T + 1 Session
2:45am-1:00am (the following day)
The times above represent the earliest and latest hours available for trading derivatives on SGX.
For a list of the exact times that each contract trades, refer to the trading hours listed on the http://www.sgx.com/wps/wcm/connect/mp_en/site/trading_on_sgx/derivatives_market/derivatives_trading_hours_and_calendar/Trading+Hours?presentationtemplate=design_lib/PT_Printer_FriendlySGX website.
Supported Exchange Functionality
The TT SGX Gateway supports all products available for trading through SGX derivatives trading platform - DT_QUEST.