May 1973 |
Incorporation of Stock Exchange of Singapore Ltd (SES) |
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June 1973 |
SES began full fledged operations |
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February 1977 |
Trading in listed call options commenced |
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October 1980 |
Admitted to the International Federation of Stock Exchanges |
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July 1986 |
SES set up Inspectorate Department to carry out financial and operational audits |
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August 1986 |
The Securities Industry Act and Regulations 1986 came into effect |
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February 1987 |
Launched the Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ) |
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March 1988 |
SES and the National Association of Securities Dealers (NASD) in the US established a link between their respective markets. The link enabled the exchange of price and trading information of a selected list of NASDAQ stocks. |
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July 1988 |
Start of computerized system of trading with order routing |
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March 1989 |
SES went fully computerized with the CLOB trading system, becoming the first exchange in Asia and one of the first in the world to offer completely floorless trading. |
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January 1990 |
An over-the-counter market, CLOB International, was set up to trade selected stocks listed on foreign stock exchanges. |
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June 1991 |
First phase of conversion of mainboard stocks into the scripless system commenced. |
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March 1993 |
Commenced trading of put and call options on selected stocks |
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September 1993 |
Trading hours were revised to 9am-12.30pm and 2pm-5pm. |
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October 1993 |
SES announced revised procedures for IPO share applications involving the use of CPF funds |
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July 1996 |
Launched SES Foreign Index, SES Mainboard Index and SES Electronics Index |
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October 1996 |
Launched Business Times Singapore Regional Index (BT-SRI). |
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December 1999 |
SES and SIMEX merged to form Singapore Exchange Ltd (SGX), Asia Pacific’s first demutualised, integrated securities and derivatives exchange. |
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November 2000 |
Launched Vision Broker III-ASP, Singapore’s first online trading system based on an Application Service Provider (ASP) model. |
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March 2001 |
Launched Straight-Through-Processing (STP) initiative which
include the development of common messaging standards to facilitate automated trade processing, thereby increasing settlement efficiency and reducing errors. |
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March 2001 |
Launched SGXAccess, an open interface technology which allows SGX Securities Trading member firms to trade in Singapore's securities market from anywhere in the world, through their own trading terminals. |
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May 2001 |
Began trading Amex-listed Exchange Traded Funds (ETFs) |
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December 2001 |
SGX and ASX launched world’s first co-trading link.
Investors in Australia and Singapore are able to co-trade selected securities in each other's market directly, through brokers in their own countries, whenever the respective markets are open. |
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January 2002 |
Launched securities lending programme, where lenders whose securities are eventually borrowed will be paid a fee of 4% per annum on the value of the borrowed securities. |
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April 2002 |
Listing of Singapore's first local ETF, the streetTRACKSSM Straits Times Index Fund ("streetTRACKS STI") |
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July 2002 |
Launched SGX SecuritiesBook, a new market data feed system
that offers full market depth information on the SGX securities market to investors |
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July 2002 |
Launched Singapore’s first listed Real Estate Investment Trust (REITs) |
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January 2003 |
Introduced separate membership categories for securities trading and clearing |