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Singapore Exchange halts trading

SingaporeExchange Ltd. halted trading due to duplicate trade confirmationmessages being generated and decided not to reopen the market as planned.

The exchange said July 14 that it halted trading at 11:38a.m. Singapore time but noted that no duplicate trades were actually executed.

The bourse aimed to resume trading at 2 p.m. Singapore timeafter conducting member reconciliation but extended the trading halt as memberreconciliation files were still being generated.The bourse added that it would inform the market once the member reconciliationis complete.

After confirming that its order and trade executions wereaccurate, the bourse said it would resume trading at 4 p.m. Singapore time, butlater decided that the securities market would not reopen for the remainder ofthe day.