Singapore Exchange Hit by Another Computer Problem
Sumner Lemon writes on ComputerWorld:
Singapore Exchange Ltd. has warned investors not to rely on data provided for the Straits Times Index, one day after a computer inaccurately reported the value of the component stocks in the benchmark index.More here.
The incident is the latest in a string of computer-related problems to hit the exchange this year.
"The Straits Times Index may not reflect fully the movement in its components. Market participants are advised not to rely on the figure until further notice," the exchange said on its Web site Thursday morning.
posted by Fergie @ 9/05/2007 10:25:00 PM
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