In Singapore, it's not margin calls brokerages worry about

Singapore

BROKERAGE heads do not foresee a significant jump in forced selling or contra losses even if the market takes a turn for the worst, as high rollers are dwindling in number and simply more cautious than they used to be.

In fact, margin calls are the furthest concern for stockbroking firms here today, as retail participation in the Singapore market stays muted, whether share prices are falling, rising, or going nowhere at all.

Kenny Lo, Maybank Kim Eng's head…