Saturday, January 24, 2015

SGX Singapore News Update : Epic Research Singapore

NOW SGX STOCKS LOT SIZE CHANGED




SGX is reducing the standard board lot size from 1,000 units to 100 units in January 2015. The reduction will apply to ordinary shares (including shares traded on GlobalQuote), real estate investment trusts, business trusts, company warrants, structured warrants and extended settlement contracts. Existing board lot sizes of 100 or less units will remain unchanged. The board lot sizes for existing temporary trading counters (e.g. rights shares) will also remain unchanged.

The board lot sizes for exchange traded funds (except for SPDR STI ETF and ABF SG Bond Fund for which the board lot size will be reduced to 100 units), American Depositary Receipts and fixed income instruments, including Singapore Government Securities and preference shares will also remain unchanged.

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