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
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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