The Singapore Exchange wants public feedback on its proposed changes to the reporting and registration of Negotiated Large Trades (NLTs) in the derivatives market.
To enhance the reporting process for market participants, SGX plans to introduce a new functionality to enable the registration of NLTs through QUEST API, and to extend registration hours on the eNLT system to 8.00pm (Singapore time) for all SGX-DT contracts.
“As an alternative to the existing eNLT system, the proposed Trade Report API functionality will offer greater convenience to market participants whose order management system already connects to the SGX trading engine via API,” said SGX.
SGX hopes the extension of NLT registration hours gives market participants greater flexibility to execute their options strategy and futures hedges.
SGX intends to implement the proposed changes in the third quarter of 2012.
Market participants and members of the public can send in their comments and suggestions via email to
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
and either by post/courier or fax to the exchange, before March 26, 2012.
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