SGX opens consultation on new 'Iris-ST' trading engine

The consultation is open until 31 December 2025.

SGX Group to hold public consultation on its new trading engine, Iris-ST, scheduled for implementation in the latter half of 2027.

The amendments cover key enhancements, including the introduction of new auction price collars, extension of the non-cancel phase during auction, with a change to allow order entry.

Additionally, a new pre-trade risk control system will be introduced, leading to the removal of the current exchange-hosted error prevention mechanisms.

The consultation is open until 31 December 2025.

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