NEWS

WIRES

OTHER

SGX Securities Market Starts All-day Trading

Singapore, Aug 1, 2011 - (ACN Newswire) - Singapore Exchange's (SGX) securities market today successfully began trading continuously all day.

Turnover from 12.30pm to 2.00pm was $110 million, contributing to 6.4% of today's trading.

All-day trading allows investors to respond more easily to regional market movements and news flows as Singapore's securities market hours now overlap more with those of other Asian exchanges, including those in China, India and Japan. Investors face less risk as they will be able to access the marketthroughout the day to manage their Pan-Asian investments on SGX.

"With the securities market open all day, Singapore strengthens its position as a leading financial centre. At the same time, investors will benefit from increased investment opportunities which should eventually, help improve liquidity. SGX would like to thank investors, the Securities Investors Association (Singapore), Member firms and vendors for their efforts in ensuring a smooth start to all-day trading," said Mr Nels Friets, Head of Securities at SGX.

Separately, SGX reduced minimum bid size for most securities from 4 July. Bid/ask spreads have narrowed, lowering trading cost for investors by 20% to 45%. Total savings for investors from the new bid sizes in July was about $130 million.

Spreads for shares priced below $0.20 have narrowed an average 53% compared with the June average. Trading volume for these shares in the four week from 4 July has risen 51% to 5.2 billion shares from June. Structured Warrants volume increased 50% to 3.4 billion in the same period.

About Singapore Exchange (SGX)

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.

SGX's extensive suite of securities, derivatives and commodities products makes it Asia's most international exchange. SGX's services range from listings, trading, high-speed market access, clearing and settlement to depository services and Central Counter Party services for OTC traded derivatives. With the region's longest trading hours, and powered by cutting-edge technology, SGX is the unparalleled conduit for investment flows into and out of Asia. For more information, please visit www.sgx.com

Source: Singapore Exchange (SGX)

Contact:

Carolyn Lim

Communications

Tel: +65 6236 8139

Email: Carolyn.lim@sgx.com



Joan Lew

Communications

Tel: +65 6236 8658

Email: Joan@sgx.com