Singapore Exchange (SGX) will bring back the lunch break and widen the minimum bid spreads from November 13, after a public consultation exercise.
The equities market will break from 12.00 pm to 1.00 pm, the exchange said in a July notice after a public consultation exercise in March.
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 bids from current bids, SGX said in a statement released after the market hours.
Following the public consultation, SGX said it will not change its original proposals to:
1) widen the tick size for stocks in the S$1.00 to S$1.99 range from 0.5 cent to one cent;
2) introduce a mid-day trading break from noon to 1pm; and
3) raise the threshold at which trades trigger an "error trade" warning, also called the forced order range, from the current 20 bids to 30 bids in either direction.