1st Aug 2014 - Singapore to launch market reforms, sets minimum trading price

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#18
In my opinion, SGX is only interested with their casino approach. They are only concern with volume and velocity of the market - very pro-business and no concerns over the welfare of trading representatives.

Even a more vibrant HK breaks for lunch. Lunch breaks are essential for networking and possible discussion for investment strategies.

Anyway, one need not look further than the poor quality of new listings that replace the high quality delisted ones.

After the demise of the penny stocks which are largely underpinned by unwanted, non-listable high risks mining assets unwelcome on ASX, we are continuing to see more of such listings here.

SGX is simply a backwater these days for crappy companies, if investors are not carefully, more innocent wealth will evaporate like what had historically happened like the CLOB saga, internet bubble bursting and even S-Chips...

Sad but true
GG
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RE: 1st Aug 2014 - Singapore to launch market reforms, sets minimum trading price - by greengiraffe - 05-08-2014, 06:20 PM

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