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SGX Measures, Changes and Reforms to Singapore Stocks
By Singapore Stocks Investing (SSI)  •  February 8, 2014
SGX will be implementing some reforms to the Singapore Stocks Markets while consulting the public on further proposed revisions. Let us take a look in more details of some of these: Measures with effect on 3 March 2014: 1. SGX will issue "trade with caution" warnings on stocks showing unusual trading activity that the companies aren't able to explain. Proposed measures by MAS and SGX for public consultation 1. Setting a minimum trading price on stocks listed on the SGX mainboard, say to be at the indicative level of ten to twenty Singapore cents; currently an estimated 130 to 230 stocks are trading below this proposed minimum trading prices 2. Requirements for stock brokers to collect a minimum amount of collateral from clients, worth at least 5% of customers' open trading positions 3.Trade-settlement periods could be reduced to two days from three 4. “Contra-trading” of stocks could be curbed......
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By Singapore Stocks Investing (SSI)
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