SGX to Monitor Market Makers with First Derivatives

Michael Shashoua
30 Jul 2010

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The Singapore Exchange (SGX) has licensed Northern Ireland-based financial software provider First Derivatives’ Delta product suite, say vendor officials.

The exchange plans to use the vendor's platform for internal monitoring of the performance of its market-makers, says a First Derivatives spokesperson.

Neither the SGX nor First Derivatives has announced when the new system will go live.

However, according to First Derivatives officials, users do not need any particular type of hardware to run

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