Singapore Exchange Slammed for Trading Disruptions

The transcript discusses the challenges faced by SGX, including recent incidents like power outages and trading halts, which have led to a loss of investor confidence. The CEO, Magnus Parker, has taken responsibility and is reviewing processes to prevent future issues. The errors have impacted trading volumes, which are already lower than the previous year. Efforts are being made to restore investor confidence after a series of unfortunate events, including a significant penny stock slump.

What steps is CEO Magnus Parker taking to address the issues at SGX?

Discuss the historical context of trading issues at SGX, including the penny stock slump.