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SGX halts trading in its shares after talk of separate regulatory unit

PC Lee Published on Mon, Jul 18, 2016 / 9:02 AM GMT+8

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SINGAPORE (July 18): The Singapore Exchange requested for a halt in the trading of its shares just before the stock market opened on Monday.

SGX says the halt was requested to clarify a report in The Straits Times, published on Monday, entitled “Weighing the merits of hiving off SGX’s policing job”.

The commentary said there was talk SGX may be planning to set up a separate unit to house its regulatory functions.

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SGX halts trading in its shares after talk of separate regulatory unit