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Showing posts from March, 2017

SGX Finally Wises Up

How long have I been harping on this issue? SGX have seen their volume traded, market activity and its robustness being sharply curtailed for more than 7 years. The problem started when you have TOO MANY LAWYERS and TOO MANY MBAs at SGX. What is textbook rules and MBA playbook may not work as well in real life. SGX or any market exchanges need to have a substantive number of advisors who are "market savvy" because if there are no trades, the exchanges will not be able to fulfil its main KPI. Yes, there are other KPIs such market fairness, biased trading, other prejudicial front running or trading based on insider information ... but they all run a poor second to market robustness. Without that, why have an exchange, because the main aim of an exchange is twofold: a) allow public and investing institutions  to participate in the growth of a company, b) to raise capital for a company's growth prospects. Any other aims are secondary at best.

The lunch trading trade-through r…