February 02, 2016 BY Mike Fox

SGX revises calculation methodology for minimum trading price requirement

Singapore Exchange (SGX) is changing the methodology used to determine whether a company share price meets the minimum trading price (MTP) requirement, following market feedback. The change comes after SGX’s extension last month to September 1st 2016 the date of the review of the volume weighted average price (VWAP) of shares of companies which consolidate…

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