Singapore stock market needs more innovation, less emulation

Participants in the Singapore stock market may be forgiven for wondering if they have travelled back in time to the early 2000s.

With the Singapore Exchange (SGX) now mulling whether to reintroduce a lunch break in the trading hours and to re-widen tick sizes for certain stocks, it is as if the market operator were trying to wind back the clock and pretend that the past decade never happened. What's next, are we going to have second thoughts on mandatory quarterly reporting as well?

Oh, wait. That's under review too. What year is it again?