SGX will not ban bearish bets, priority is to keep markets accessible
Circuit breakers activated on March 13 by 14 SGX-listed stocks, while only five stocks triggered it on March 16
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Singapore
SINGAPORE Exchange (SGX) will not restrict bearish bets even as several European exchanges as well as Bursa Malaysia have banned short-selling amid abnormally high market volatility.
And while some trading across various global venues has been intermittently halted in recent weeks due to large sell-offs, SGX says it continues to prefer circuit breakers that merely pause a large upmove or downmove in its securities or derivatives markets for a short period of time.
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