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The day SGX stopped trading for 5.5 hrs
By Bully The Bear  •  July 15, 2016
On Thurs, 14th July 2016, SGX had to halt trading for all its counters around 1130 pm. At first, it's supposed to resume trading at 2pm after lunch, but at 2pm when I was eagerly waiting to see if there's any movement from my brokerage platform, I was disappointed. Nothing moved. Later it was announced that it trading will be resumed at 4pm instead. Yet again, at 4pm, none of the counters moved. The last announcement regarding this screw up was that there won't be any trading for the rest of the day and the market is closed. I don't think I've seen SGX closed for trading longer than this time round, which lasted about 5.5 hours. It really didn't affected me much, but I can imagine the following groups of people being frustrated with the whole fiasco: 1. Those who naked short in the morning and wanting to ......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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