About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Strange Bedfellows in Singapore?

Subscribe to our newsletter

Certainly in some people’s eyes. Or maybe just an example of pragmatism, co-operation and even industry standards at work. I speak of the rollout at the Singapore Exchange of pre-trade risk functionality in the form of the Risk Management Gateway from NYSE Technologies. And its soon to be hookup with the exchange’s new matching system, provided by NYSE arch-rival Nasdaq OMX.

RMG is already in use by one customer at SGX’s new co-lo facility, linking into the current matching system.

But if all goes to plan, the exchange will roll out its Reach matching system on August 15, and presumably RMG will then interface to it. Reach is based on Nasdaq’s Genium Inet technology, and has a stated order response time of 90 microseconds, presumably before any pre-trade risk controls.

Interesting, of course, is why SGX did not also turn to Nasdaq’s Ften unit for its pre-trade risk functions, but maybe the answer will out in due course.

In the meantime, hopefully the technology from the NYSE and Nasdaq will communicate in a rather better spirit than the boards of the two exchanges recently did when the latter took a hostile run at the former!

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

From Silos to Sequencers: Why Core Trading Architectures Are Being Rewritten for 24/7 Markets

The most consequential changes facing financial markets technology in 2026 will not be driven by new asset classes or incremental latency gains, but by a fundamental rethinking of how trading systems are architected at their core. For decades, market participants have organised technology around functional silos: execution, risk, middle office, post-trade. These boundaries were reinforced...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...