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Singapore Exchange Looks Into Potential Derivatives Spoofing

  • Exchange's chief regulatory officer ponders need for new rules
  • SGX received complaints about suspected spoofing recently
Updated on

Singapore’s stock exchange is evaluating possible incidents of spoofing in its flourishing derivatives market, following complaints over the dishonest trading practice.

Singapore Exchange Ltd. has received complaints that some market participants maybe making orders and then canceling them before they can be executed. As both the regulator and the operator of Southeast Asia’s largest equities and derivatives markets, SGX, as the exchange is also known, is reviewing these possible incidents of spoofing, according to its chief regulatory officer.