OMX and Singapore Exchange Limited (“SGX”) today announced
that they have signed an agreement to develop a new data feed system that will
further enhance SGX’s data dissemination services to market participants.
The new data feed system
is designed to enrich and package price data from multiple sources. With this
system, SGX can enable brokers and data vendors to provide comprehensive data
to their customers.
This collaboration with
OMX supports SGX’s continuing efforts to renew and
refresh its IT infrastructure, with the objective of raising overall efficiency
and enhancing service quality to market participants.
“This initiative with
OMX enables SGX to offer new value-added price data to meet the needs of our
customers. The new data feed system will also support future growth in price
data traffic and improve transmission speed,” said Chew Hong Gian, Head of Technology at SGX.
agreement further strengthens OMX’s leading position in marketplace solutions for market data
dissemination. We look forward to continue working with SGX to further
strengthen their position as a leader in service quality,” said Markus Gerdien, President, Market Technology, OMX.
OMX will base the new
solution on a market data system from Cicada and integrate it with SGX’s trading engine, SGX QUEST. The solution is customised to SGX requirements and will be implemented in
For more information, please contact:
Lilja, Press Relations, OMX +46 8 405 63 95
Corporate Communications, SGX +65 6236 8157