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mediacraze Member	22-Dec-2007 10:04        mediacraze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wonder how would this affect the price movements, any master comments? I suppose we will see a slower price movements there by limiting the amount a trader will lose/ gain.... SGX will revamp the size of share trading bid intervals with effect from 24 December 2007. The new schedule seeks to improve trading efficiency and market liquidity. The bid-ask spread of securities is expected to be narrower and investors will find that the minute-by-minute share price movements smaller than before. Revised Minimum Bids Schedule: Products Price Range Revised Bid Size ($) Forced Orders (Bids) Securities^ Below $1 0.005 (no change) +/- 10 $1 - $2.99 0.01 (no change) $3 - $9.99 0.01 $10 and above 0.02 Exchange Traded Funds All 0.01 or 0.001 as determined by SGX-ST* +/- 30 Bonds, debentures, loan stocks All 0.001 +/- 30
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