SUBSCRIBERS
Reprieve for small investors as MAS reviews 5% collateral for stock trades
Market players fear proposed move - prompted by penny stock crash - will have serious impact on liquidity
Angela Tan
Published Tue, Sep 24, 2019 · 09:50 PM
Singapore
THE Monetary Authority of Singapore (MAS) is reviewing an earlier plan requiring retail investors to place a 5 per cent collateral on their open positions come 2020.
The rethink has brought relief to industry players who fear the proposal will smother retail interest and market liquidity.
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