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Singapore Exchange (SGX)
08-03-2017, 08:45 AM, (This post was last modified: 08-03-2017, 08:46 AM by weijian.)
Post: #751
RE: Singapore Exchange (SGX)
A move in the right direction, IMO.

SGX mandates minimum allocation of Mainboard IPOs to retail investors

Singapore Exchange (SGX) will mandate all Mainboard IPO companies to allocate to retail investors, at least 5%, or S$50 million, whichever is lower, of their offer size. The introduction of the minimum IPO allocation is aimed at facilitating greater retail participation in Singapore’s equities market. The new rules on the minimum allocation are effective 2 May 2017.

http://infopub.sgx.com/FileOpen/20170308...eID=442560

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08-03-2017, 09:00 AM,
Post: #752
RE: Singapore Exchange (SGX)
More adjustments in the pipeline...

SGX consults on proposed equities market structure adjustments

Singapore Exchange (SGX) is consulting the public on proposed adjustments to the equities market
structure aimed at addressing market conditions, while balancing the diverse objectives and interests
of different segments of participants in the market ecosystem.

The three proposed adjustments are:
 Increasing the minimum bid size for stocks and relevant securities trading in the S$1.00 to S$1.99
range;
 Widening of the forced order range for stocks and relevant securities; and
 Changing trading hours via a mid-day break from 12.00pm to 1.00pm.

http://infopub.sgx.com/FileOpen/20170308...eID=442558

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08-03-2017, 05:18 PM,
Post: #753
RE: Singapore Exchange (SGX)
A small case from MAS, amid the bigger case of penny stock.

MAS takes civil penalty action against divorced couple for unauthorised trading

SINGAPORE (March 8): The Monetary Authority of Singapore (MAS) has obtained a civil penalty judgement against two individuals, Wang Boon Heng and Foo Jee Chin, for carrying out unauthorised share trading in 2007.

A civil penalty action is not a criminal action, and does not attract criminal sanctions as it is designed to complement sanctions and provide what MAS terms a “nuanced approach” to combat market misconduct.
http://www.theedgemarkets.com.sg/article...ed-trading

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23-03-2017, 09:06 AM,
Post: #754
RE: Singapore Exchange (SGX)
SGX should also shorten its settlement time, with today technologies.

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US SEC votes to shorten securities settlement time to two days
Source: Business Times Breaking News

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