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Three decimal places - sgx prices

Three decimal places - sgx prices

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sgd Offline
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#1
05-07-2011, 01:59 PM
Has anybody else noticed that since this morning prices on sgx are quoted to 3 decimal places or is it just me seeing things Big Grin

STOCK QUOTED ON SGX
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Musicwhiz Offline
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#2
05-07-2011, 02:26 PM
(05-07-2011, 01:59 PM)sgd Wrote: Has anybody else noticed that since this morning prices on sgx are quoted to 3 decimal places or is it just me seeing things Big Grin

STOCK QUOTED ON SGX

Erm, yes, but it's always been the case right? Tongue

On July 4 the bid sizes were reduced, that's all. So now you can have a company trading at 0.1 cents (0.001). Some companies are vying hard for this dubious honour! Confused
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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RBM Offline
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#3
05-07-2011, 02:57 PM (This post was last modified: 05-07-2011, 03:00 PM by RBM.)
This is the SGX release ...........

http://www.sgx.com/wps/wcm/connect/mp_en...E&SRV=Page

I propose that we have a Valuebuddies Prize........... given to the first buddy to buy a stock for 0.1 cent AND then sell it at a profit. Might be some time before its awarded ..........
RBM, Retired Botanic MatSalleh
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FA+TA Offline
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#4
05-07-2011, 06:27 PM
FYI.
From 4th July 2011,
Stock <0.20 spread 0.001
Stock 0.2-0995 sp 0.005
Stock 1-1.99 spread 0.005
Stock 2-9.99 sp 0.01
Stock >10.00 sp 0.01
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