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HOCK LOCK SIEW

Ways to minimise need for buying-in

Tuesday, November 17, 2015 - 05:50
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The Singapore Exchange offices are seen in Singapore in this on Jan 28, 2015 file photograph

THE Singapore Exchange (SGX) has in its Nov 13 letter to BT clarified that failed share settlements are usually because of human errors rather than intentional naked short sales and that measures to improve the exchange's forced settlement process known as "buying-in" have to be balanced against

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