SGX’s Reach trading engine goes live on 17 Aug 2011.
(details : http://www.sgx.com/wps/wcm/connect/sgx_ ... +goes+live)
What is REACH?
SGX Reach, accordingly, is the world's fastest trading engine. The trading engine has an order response time of 90 microseconds and can handle one million order book changes per second per partition. This is 100 times the capacity of the existing engine.
Other changes that is effective from today (26 Sept 11) :
- the publication of real-time indicative equilibrium prices during the Opening and Closing Routines
- random ending to the Pre-Open and Pre-Close phases of the Opening and Closing Routines.
(details : http://www.sgx.com/wps/wcm/connect/sgx_ ... ansparency)
FYI, there will be new order types that will be introduced in the near future .... (details : http://www.sgx.com/wps/portal/sgxweb/ho ... rder_types).
thanks,
yew meng
SGX new securities trading engine – REACH
Moderators: alvin, learner, Dennis Ng