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SGX to bring back lunch break, widen some tick sizes on Nov 13

It will introduce "indicative equilibrium price" to reduce gap risk from mid-day trading break

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Although SGX resisted calls to deviate from its proposals, the lunch break and wider tick sizes will represent a reversal of sorts from its earlier attempts to raise liquidity and improve market quality.

Singapore

SINGAPORE traders will have an hour for lunch and minimum bid spreads will widen for certain stocks from Nov 13, after Singapore Exchange (SGX) wrapped up a public consultation exercise on market structure changes.

Following the public consultation, SGX said it will not

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