Straits Times Index on New Streaming Technology
Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) jointly announce that Straits Times Index (STI) will be delivered on a new streaming basis with effect from today.
FTSE is the first index provider to launch streaming technology and is leading the way in
index innovation. Streaming allows investors and traders to get intra-second updates any
time the price of the underlying constituents changes rather than the current 15 second
intervals. Market participants can use the intra-second index values to make quicker trading
decisions and respond faster to changing market conditions.
Patrick Daniel, Editor-in-Chief of SPH’s English and Malay Newspapers Division said: “For
more than 40 years now, the Straits Times Index has been the barometer of the Singapore
market. These enhancements will make it even more relevant and useful, especially given
the growing pool of retail and institutional investors who want to participate in Singapore’s
economic success and its increasingly global capital market.”
Tinku Gupta, Senior Vice President and Head of Market Data & Access at Singapore
Exchange said, “Streaming technology in index calculation is another step forward to
effectively support investors to respond according to market changes with enhanced speed.
This augments SGX’s efforts to bring investors live market data for informed investment
decisions in this fast pace marketplace.”
Jessie Pak, Director, Asia, FTSE Group, added: “Having a streaming service gives a better
reflection of market performance and increases the transparency on trades executed against
the STI. FTSE is the first to address clients’ need to respond more quickly to market events
by providing intra-second index values updates. The new service builds on FTSE’s joint
commitment with SPH and SGX to give investors the best index solutions for the Singapore
For more information about the STI and FTSE ST Index Series including index ground rules,
please visit www.ftse.com/st.