SGX and SIAS respond to remisiers' grouses
SGX says some issues raised have been or are being addressed; SIAS says shift in investor profile could have added to woes
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Singapore
THE Singapore Exchange (SGX) on Thursday defended itself by saying that some of the grievances raised by remisiers and investors in an appeal to Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam "have been, or are being, addressed". SGX also said that it is constantly reviewing the market.
This was in response to a BT report that a group of remisiers and investors had written the appeal to express unhappiness with the state and direction of the local bourse and call for immediate remedies.
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