Thursday, 2 March 2017

Webb on SGX

A link and comments on the website of David Webb:

"They reportedly also propose widening the bid-offer spread, which is a sure-fire way to reduce liquidity, not increase it. This is another sign of desparation after the proposal to list second-class shares. Who is running SGX these days? What next - introducing minimum commissions? Rather than fiddle with trading hours and rules, consider allowing competing exchanges, then let the market discover which hours and spreads it wants."

A previous article by Webb on bid-offer spreads can be found here: HKEx keeps wide spreads

1 comment:

  1. They should also reduce lot sizes - minimum is 100. No small amount for some shares, e.g. Jardine Matheson @ $64...