SGX working on solving clearing and settlement issues

Singapore Exchange (SGX) will go live with new technology to boost trading speeds in the coming year, but some market participants are concerned that the exchange’s clearing and settlement fees remain high and are complex to execute in a pan-Asian context. It’s a good thing that SGX is improving the front-end trading platform, but that doesn’t address the issue of clearing and settlement, says John Fildes, Singapore-based director of strategic development for Asia at electronic tradi…