Monday, August 9, 2010

SIMEX floor close

Being in Singapore over the past week and reminiscing w/a former trader on SIMEX, it brought back a lot of memories for me....none good as it was a tough, illquid market for outside customers to trade. Anyways, below is a video that someone put up on youtube of the final day of the SIMEX (renamed SGX) floor in 2005 and the footage is of the Taiwan stock index pit. Further reading for those interested is a paper on Business practices of Simex locals that was published in a local management review paper. I should write the correct postscript to that paper but I won't.

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