Monday, July 4, 2011

SGX - Bid Size Changes

From the 1st trading Monday of July (4th July), the bid size for SGX listed stocks will be changed. Thus it was with a bit of a surprise when I saw the prices of stocks this morning, i.e. not the usual price figures that I expected.

SGX website has done up a good summary of the changes, including an illustration. For a quick glance of the changes, here's an extracted table:

I'm not sure how this will affect the market. Not likely to have significant changes in my opinion.

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