The size of the board lots was last reduced in January 2015 from 1,000 to 100 units. At the time, the SGX said a smaller board lot size will make it more “affordable” for retail investors to invest in a wider range of equities including blue chips.
The Singapore Exchange (SGX) will reduce its board lot size for securities above $10 to 10 units from 100 units previously.
The reduction in board lot size will improve investor access and boost trading activity, says the Monetary Authority of Singapore (MAS) in its equities market review announcement on Nov 19.
