Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
Chapter 1 General
Chapter 2 Admission and Registration of Trading Members, Chief Executive Officers and Trading Representatives
Chapter 3 Capital and Financial Requirements
Chapter 4 Operational Requirements
Chapter 5 Trading Practices and Conduct
Chapter 6 Designated Market-Makers
Chapter 7 Listing and Quotation
Chapter 8 Trading
Chapter 9 Settlement
Chapter 10 Requirements on Specific Securities and Futures Contracts
Chapter 11 Cancellation of Contracts and Trades
Chapter 12 Supervision and Enforcement
Chapter 13 Definitions and Interpretation
Directives
Regulatory Notices
Regulatory Notice 8.5.2 — Minimum Bid Size
Practice Notes
Schedule A
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
Rule Amendments

  Versions
(1 version)
 
Jun 3 2019 onwards

Regulatory Notice 8.5.2 — Minimum Bid Size

1. Introduction
1.1 Rule 8.5.2 states that SGX-ST may prescribe the minimum bid size of each product.
1.2 This Regulatory Notice sets out the minimum bid size of each product.
2. Minimum bid size
2.1 Unless otherwise determined by SGX-ST, the minimum bid size of the following products shall be as follows:

S/N Product Price Range ($) Minimum Bid Size ($)
1 Stocks (excluding reference shares), real estate investment trusts (REITs), business trusts, company warrants and any other class of securities or futures contracts not specified in this paragraph 2.1 Below 0.20 0.001
0.20 – 0.995 0.005
1.00 and above 0.01
2 Structured warrants Below 0.20 0.001
0.20 – 1.995 0.005
2.00 and above 0.01
3 Exchange traded funds, exchange traded notes All $0.01 or $0.001 as determined by SGX-ST
4 Debentures, bonds, loan stocks and preference shares All $0.001

For the avoidance of doubt, the minimum bid sizes above apply to securities and futures contracts denominated in all currencies, except the Hong Kong Dollar ("HKD"), Renminbi ("RMB") or Japanese Yen ("JPY"). For securities and futures contracts traded in HKD, RMB and JPY, the minimum bid sizes shall as far as practicable be aligned to the minimum bid sizes applicable in Hong Kong and Japan respectively.

Added on 3 June 2019.