SGX Readies OMX Derivatives Feed Test

The data engine which supports the SGX DerivativesQuote datafeed is based on a customized version of data technology provider Cicada’s Composer software, adapted to OMX’s Quest-DT derivatives trading platform. The new data engine replaces the exchange’s decade-old, internally developed PRDS Price Reporting Dissemination System.

The main benefit of the new platform will be increased system capacity, according to Muthukrishnan Ramaswami, senior executive vice president and head of operations an