The Monetary Authority of Singapore (MAS) convened in August an equities market review group, which will propose ways to stem a series of delistings here and revive the listing venue.
The cash equities business remains key to the Singapore Exchange (SGX:S68
) ’s (SGX) strategy, and the bourse’s leaders remain committed to growing it, says SGX Group CEO Loh Boon Chye.
Speaking at SGX’s 25th annual general meeting on Oct 10, Loh sought to assure shareholders that the stock market “remains high” on management’s agenda. “It is an important pillar of Singapore’s financial ecosystem. We’re hopeful that our cash equities business will improve when all quarters of the ecosystem rally together to structurally improve liquidity and trading.”
