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MTP will lower liquidity, raise listing cost: SMCCA

Small & mid-cap companies association says proposed rule will add 'no meaningful value' to capital markets

Angela Tan

Published Wed, Oct 15, 2014 · 09:50 PM

Singapore

SINGAPORE'S Small and Middle Capitalisation Companies Association (SMCCA) believes that Singapore Exchange's (SGX's) proposed adoption of a Minimum Trading Price (MTP) will add "no meaningful value to the capital markets" but instead reduce liquidity and add to listing cost.

In response to SGX's public consultation papers on minimum price and enforcement, the voice …

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