Singapore MAS to Require Investors to Report Short Positions on SGX Stocks
Singapore. Singapore's central bank said on Monday (28/05) it will require investors to report short positions and short sell orders in securities listed on the Singapore Exchange from Oct. 1 to improve transparency on such activities.
Under the new rules, investors with short positions above the threshold of the lower of 0.2 percent of total issued shares or S$2 million ($1.49 million) will have to report the positions to the Monetary Authority of Singapore (MAS).
MAS said the rule will improve transparency on short selling activities in the market and enable investors to make more informed trading decisions.
MAS will publish aggregated short positions of each security on Wednesday of each week.
The rule was proposed initially in 2016 amid a growing number of public short-selling campaigns against listed companies in the region.
Short selling involves the sale of a security that the seller does not own, or has borrowed, believing that the security's price will decline so that it can be profitably bought back at a lower price.
Reuters
Tags: Keywords:Related Articles
Indonesia Loses Crown as Singapore Becomes ASEAN’s Largest Equity Market
Singapore overtook Indonesia as Southeast Asia’s largest stock market after a steep selloff hit Indonesian equities.JCI Falls After BlackRock Underweight Signal
JCI falls 0.43% to 7,153 as foreign selling persists, while BlackRock’s new ASEAN fund signals Indonesia underweight risk.Soekarno-Hatta Handles 1,200 Flights a Day Ahead of Christmas
Holiday travel peaked on Wednesday, with 1,200 daily flights and long queues forming across Terminal 3.The Latest
Dear Mr. President, Don’t Skip ASEAN Summits
Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.PLN Rushes Coal Supplies After Power Outages Hit Java
PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.Japan-Backed ADB Invests in Indonesia’s Human Capital
As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms
Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.World Cup 2026: Paraguay Holds Off Turkey With 10 Men to Keep Knockout Hopes Alive
Matias Galarza scored after 65 seconds as 10-man Paraguay beat Turkey 1-0, eliminating the Turks and securing first place for the US.Most Popular
