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Singapore central bank launches $16 million market-making scheme for SGX stocks
Original: Monetary Authority of Singapore to launch USD 16mln market‑making sleeve to support SGX stock trading
The Monetary Authority of Singapore will launch a USD 16 million market-making sleeve to support stock trading on the Singapore Exchange. The scheme is aimed at improving liquidity in SGX-listed equities by backing designated market makers, a step watchers see as part of broader efforts to deepen Singapore's capital markets.
Why now: The announcement is new and touches on liquidity and confidence in Singapore's stock market.
Monetary Authority of SingaporeSingapore ExchangeSGX
Evidence
- Monetary Authority of Singapore to launch USD 16mln market‑making sleeve to support SGX stock trading · Newsquawk
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