SGX proposes new 'trade at close' session for securities market
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Claudia Chong
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Singapore
THE Singapore Exchange (SGX) has proposed a new five-minute long trading session for the securities market that will take place after the closing auction routine ends.
Called "trade at close" (TAC), the session will allow participants to execute orders only at the closing auction price set during the closing auction routine. The TAC session will apply to the ready and unit share markets.
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