His instruction was part of a stricter set of measures that will come into effect on April 7 to curb the spread of the novel coronavirus (Covid-19) pandemic.
SGX says it will ensure continued availability of its markets with the support of market participants, such as brokerage firms, liquidity providers, market makers and data vendors.
“SGX is a key financial market infrastructure for international and retail investors,” SGX CEO Loh Boon Chye says in a press statement late this evening.
“Our priority is to ensure that our markets are always available and accessible, so that our clients can manage their investment portfolios during these volatile times.”
SGX’s announcement also affirms a statement by the Monetary Authority of Singapore (MAS) today.
MAS says that financial services will remain open and available to all customers and counterparties in Singapore and globally.
Meanwhile, SGX notes that central depository (CDP) services will continue to be available and the majority of the services can be accessed without visiting the CDP Customer Service Centre.
It adds that the CDP Customer Service Centre — from April 6 onwards — will assist with a limited number of services on an appointment-only basis.
These services include share transfer, updating of signature, estate account processing and deposit/withdrawal of share certificates.
