Views on improving S'pore's stock market

WE refer to the articles by R Sivanithy, "Remisiers write to Tharman to resolve issues plaguing market" and "Call to restore market lunch break: MOM unable to help" (BT, Feb 5).

In response to the report on the Society of Remisiers' appeal letter to Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam, the Securities Association of Singapore (SAS) would like to give its views on some of the points raised. We agree with investment specialist S Nallakaruppan that this is not a finger- pointing exercise but a need for the various stakeholders to engage in constructive discussion to improve the market structure.

Many factors can impact market sentiment. We believe that all market participants and stakeholders share the same concern that the market needs to function effectively.