It has received a supportive feedback during the public consultation process.
Following the largely supportive feedback during the public consultation process in March 2017, the Singapore Exchange is proceeding with adjustments to the equities market structure.
Starting November 13, 2017, the equities market will break from 12.00pm to 1.00pm.
In addition, the minimum bid size for relevant securities in the $1.00 to $1.99 price range will be increased to $0.01 from the current $0.005 and the forced order range for relevant securities will be widened to +/- 30 ticks from +/- 20 ticks.
“The adjustments are aimed at addressing market conditions while balancing the diverse objectives and interests of different segments of participants in the market ecosystem,” SGX said.