SGX Introduces Reduced Board Lot Trading for Select Stocks
What happened
The Singapore Exchange began trading in smaller board lots for an initial cohort of 11 stocks, reducing the minimum ticket size from 100 shares to 10 shares. DBS led the trades in smaller lots, while Jardine Matheson Holdings recorded the strongest adoption, with about a third of its trades executed in 10-share lots. Shares in DBS closed Monday up 0.9 per cent, and Jardine Matheson Holdings ended 2.1 per cent higher.
From businesstimes.com.sg
Why it matters
The introduction of reduced board lot trading changes the minimum size required to trade certain stocks on the exchange. This market structure change affects the trading mechanics of companies like Haw Par Corporation and DBS, potentially enhancing market accessibility for investors.
From businesstimes.com.sg
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Haw Par CorporationSpeculative
Haw Par Corporation might see enhanced access to investment and sales due to the market structure change.