Singapore Exchange Prepares for SGX Reach Migration Testing
The Singapore Exchange (SGX) will begin a three-month testing period in May for the exchange's new SGX Reach trading engine, which is set to go live on Aug. 15.
The migration to the $195 million trading engine will be a "tight collaboration" between the exchange and its technology provider Nasdaq OMX, says a vendor spokesperson.
As part of the migration, clients will be switched on to Nasdaq OMX's Genium iNet application programming interface (API), which will introduce exchange members to a
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