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sgx [2018/03/07 12:24] – [Basic Market Rules] mayasgx [2023/02/27 12:04] (current) – hammed
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 ====== Singapore Stock Exchange (SGX) ====== ====== Singapore Stock Exchange (SGX) ======
 +
 The Singapore Stock Exchange is the primary exchange in Singapore. The Singapore Stock Exchange is the primary exchange in Singapore.
  
-[[http://www.sgx.com | Homepage]]+[[https://www2.sgx.com/ | Homepage]]
  
 Currency: Singapore Dollar (SGD) Currency: Singapore Dollar (SGD)
  
-[[http://www.sgx.com/wps/portal/sgxweb/home/trading/securities/trading_hours_calendar | Trading Hours & Holiday Calendar]] +[[https://www2.sgx.com/securities/trading | Trading Hours]]\\ 
-===== Trading Summary ===== +[[https://www.mom.gov.sg/employment-practices/public-holidays | Holiday Calendar]]
-More information on securities trading at the SGX can be found on the [[http://www.sgx.com/wps/portal/sgxweb/home/trading/securities | Trading & Settlement]] page.+
  
 ==== Order Types ==== ==== Order Types ====
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 ==== Basic Market Rules ==== ==== Basic Market Rules ====
 +
   * Lot Size: 100 shares.   * Lot Size: 100 shares.
-  * Tick Size: defined by product type and price. The tick size for equities is listed in the following table. For information on other products, see the [[http://www.sgx.com/wps/portal/sgxweb/home/trading/securities/trading_settlement | Trading & Settlement]] page.+  * Tick Size: defined by product type and price. The tick size for equities is listed in the following table.
  
 ^ Price Range (SGD) ^ Tick Size (SGD) ^ ^ Price Range (SGD) ^ Tick Size (SGD) ^
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 | 10 and above | 0.01 | | 10 and above | 0.01 |
  
-  * Short Sale Rules: short sell orders must be marked appropriately. For more information, see [[http://rulebook.sgx.com/en/display/display_viewall.html?rbid=3271&element_id=6074 | Chapter 8A]] of the Rulebooks.+  * Short Sale Rules: short sell orders must be marked appropriately. For more information, see [[https://rulebook.sgx.com/rulebook/chapter-8a-marking-sell-orders-0| Chapter 8A]] of the Rulebooks. 
 +  * Circuit Breakers: for more information, you can see the [[https://www.sgx.com/securities/trading#Circuit%20Breakers|Trading]] page. 
 ==== Auction Mechanisms ==== ==== Auction Mechanisms ====
-The opening and closing market phases of the Singapore Stock Exchange are described in detail in [[http://rulebook.sgx.com/en/display/display.html?rbid=3271&element_id=1771 | Practice Note 8.2.1]], which can be found under the [[http://rulebook.sgx.com/en/display/display_main.html?rbid=3271&element_id=889 | SGX-ST Rules]] page.+ 
 +The opening and closing market phases of the Singapore Stock Exchange are described in detail in [[https://www.sgx.com/securities/trading | Practice Note 8.2.1]], which can be found under the [[https://rulebook.sgx.com/ | SGX-ST Rules]] page.
  
 === Open === === Open ===
 +
 Orders can be entered from 08:30:00 to 08:59:00 (pre-open), followed by a non-cancellation period from 08:59:00 to 09:00:00, after which order matching will occur and the market will open. Orders can be entered from 08:30:00 to 08:59:00 (pre-open), followed by a non-cancellation period from 08:59:00 to 09:00:00, after which order matching will occur and the market will open.
  
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     * This phase will end randomly at any time from 08:58 to 08:59 hours.     * This phase will end randomly at any time from 08:58 to 08:59 hours.
   * Non-Cancel Phase (08:58 - 59 - 09:00)   * Non-Cancel Phase (08:58 - 59 - 09:00)
-    * This phase will begin immediately after the Pre-Open Phase ends, which may be at any time from 08:58 to 08:59 hours. +    * This phase will begin simultaneously with the end of the Pre-Open Phase, which may be at any time from 08:58 to 08:59 hours. 
-      * No input, amendment, and cancellation of orders.+      * No input, amendment, nor cancellation of orders.
     * Orders that can be matched are matched at a single price computed based on an algorithm set by SGX-ST. The computed price will be the opening price for the day.     * Orders that can be matched are matched at a single price computed based on an algorithm set by SGX-ST. The computed price will be the opening price for the day.
     * Unmatched orders are carried forward into the morning trading session.     * Unmatched orders are carried forward into the morning trading session.
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 Orders that can be matched are matched at a single price computed based on an algorithm set by SGX-ST. The computed price will be the closing price for the day. Orders that can be matched are matched at a single price computed based on an algorithm set by SGX-ST. The computed price will be the closing price for the day.
  
-**Note:** in PPro8, the Flatten button does not work in the closing auction for this market. Instead, orders can be flattened only by manually sending a limit order that is not too aggressive, i.e., set close to the market price.+**Note:** in PPro8, the Flattening button does not work in the closing auction for this market. Instead, orders can be flattened only by manually sending a limit order that is not too aggressive, i.e., set close to the market price.
  
 The methodology for computing the single price is as follows: The methodology for computing the single price is as follows:
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 **Auction Order Types:** Limit order with TIF set as DAY. **Auction Order Types:** Limit order with TIF set as DAY.
  
-For more information on the auction mechanisms on the Singapore Stock Exchange, see [[ http://rulebook.sgx.com/en/display/en/display/display_main.html?rbid=3271&record_id=9579 | Practice Note 8.2.1]].+For more information on the auction mechanisms on the Singapore Stock Exchange, see [[ http://rulebook.sgx.com/en/display/display.html?rbid=3271&element_id=1771 | Practice Note 8.2.1]]. 
 ===== See Also ===== ===== See Also =====
   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
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sgx.1520443484.txt.gz · Last modified: 2018/03/07 12:24 by maya