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SINGAPORE STOCKS TO REDUCE LOT SIZE
By Singapore Stocks Investing (SSI)  •  August 20, 2013
The SGX is seeking a consultation exercise with the public on its proposal to reduce the minimum trading lot size from 1,000 to 100 and ultimately to 1 lot. It is reported that this proposal will be good to retail investors. I feel that though the minimum buying lot is reduced 10 times, it does not mean that retail investors will have a better chance of profiting from trading or investments, it just means that the entry barriers to investing in stocks on the SGX becomes easier. I think that this proposal is good to me only should I consider to buy stocks which are more than $10 per stock as if the minimum trading is 1,000 stocks, I would have to put upfront $10,000 for the investment while on the converse if the minimum trading lot is just 100 then the upfront capital becomes just $1,000. With a smaller ......
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By Singapore Stocks Investing (SSI)
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