Shares & Derivatives
SGX Confirms Board Lot Size Reduced From 1,000 To 100
By Turtle Investor  •  August 2, 2014

SGX Confirms Board Lot Size Reduced From 1,000 To 100

The rise of Straits Times Index hasn’t interested me that much, despite crossing and staying above the psychological threshold of 3,300 points lately. Something else did, though. Remember this post from almost a year ago? MAS and SGX has issued an official response regarding the review of securities market structure and practices. You can check out the entire news release in the link below, but the only one I’m interested in is this!
To improve retail investors’ access to a broader range of listed securities, particularly blue-chip stocks, SGX will reduce the board lot size for securities listed on SGX from the existing 1,000 shares to 100 shares in January 2015. SGX will announce details of this initiative by end August 2014. - SGX.com
Investing should be for everyone – even when they have just a little cash to spare every month. While we await more details, this means that ......
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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