Friday, December 14, 2007

Singapore Exchange Limited (SGX) is pleased to announce the final changes to the minimum bids schedule for the securities market. The new schedule, which will be implemented on 24th Dec 2007, seeks to improve trading efficiency and market liquidity.

The final changes include:

1) Reducing the minimum bid sizes for securities¹ priced above $3.00;

2) Customising the minimum bid structures for Exchange Traded
Funds (ETFs), bonds, debentures, loan stocks; and Hong Kong
Dollar as well as Japanese Yen denominated securities traded on
SGX; and

3) Widening the threshold for member firms forced orders key from
the current +/- 6 bids to +/-10 bids for the main securities
products²

¹ securities exclude ETFs, bonds, debentures, loan stocks and those
securities traded in Japanese Yen and Hong Kong Dollar.

² main securities products exclude ETFs, bonds, debentures and loan
stocks.



Trading on Christmas Eve (24 December 2007) and New Years Eve (31 December 2007) will be from 9.00 a.m. to 12.30 p.m.

No comments:

Post a Comment

About Me

enjoy stock and forex trading