SG Investor Hub Blog

SCB’s Unlimited 1.5% Cashback Credit Card

Okay, here’s the quick rundown.SCB has just launched a new cashback card:1.5% cashbackNO MINIMUM SPENDNO CASHBACK CAP$30,000 annual income requirementPersonally, I think it looks great so far. Let’s look at current its REAL competitors:AMEX True Cashba…

SGX proposes bringing back lunch breaks for traders

SINGAPORE: Singapore Exchange (SGX) launched a public consultation on Wednesday (Mar 8) on bringing back a lunch break for traders and increasing the minimum bid sizes for some stocks.
The proposed lunch break will take place from 12pm to 1pm. SGX in 2011 scrapped the mid-day break – which was then from 12.30pm to 2pm – saying it could boost trading by as much as 10 per cent.
“Market feedback indicates that while the benefits of continuous all-day trading remain relevant, market participants prefer shorter trading hours,” SGX said in a news release.
“The timing of the proposed mid-day break allows us to retain significant overlap in trading hours with key markets in Asia, which was one of the key intended benefits of continuous all-day trading, and coincides with the generally lower trading activity of the day,” it added.
During the break, market participants can continue to enter and manage their orders. SGX will publish an indicative equilibrium price based on the orders received in the order book to facilitate price discovery and enable investors to better manage their risks, it said.
The exchange operator has also proposed to increase the minimum bid size for stocks and relevant securities trading in the S$1 to S$1.99 price range from the current S$0.005 to S$0.01.
The proposed change is based on a decline in traded value and lower retail participation in the S$1 to S$1.99 price range, SGX said.
“A wider minimum bid size could generate more viable trading opportunities taking into consideration total transaction costs for some segments of the market, such as retail traders. This in turn may promote a more balanced mix of participants for securities in this price range,” it said.
SGX also said it wants to widen the forced order range for stocks and relevant securities from the current +/- 20 bids to +/- 30 bids, in response to market feedback to improve order entry efficiency.
“SGX constantly reviews its market structures, rules and policies, taking into account changing market conditions, regular dialogue with the industry, and supportive data analysis,” said CEO Loh Boon Chye.
The public consultation is open until Mar 29, and feedback can be sent to rules@sgx.com.

When Crowdfunding Fails

Before I proceed, let me make it absolutely clear that I have nothing against crowdfunding. I believe the basic principle behind crowdfunding is sound, and, in a perfect world, it would boost innovation and provide talented, creative people wit…

Dividend Update : 1st Qtr 2017

All Roads Lead to Rome :

Dividend Income
Investing may not suit everyone as it is more passive and slow way of investment
strategy. Some may opt for more aggressive or growth type of investment as
their core strategy but I think many ways or…

Telcos From A Consumer’s Point of View

In previous weeks, I have been blogging about telcos from an investor’s point of view. This week, the focus will be on a consumer’s point of view, which actually provides some useful insights into how telcos price their services.Telco charges (inclusiv…