30 July 2014

Just Noticed SGX Clearing Fee is Cut

Source

Well it's not going to make a huge difference but it's better than nothing, it's cut from 0.04% to 0.0325%, so for small time investor like me, every trade I can save a few cents, a few cents also money lol.

0.04% of $5000 is $2.00
0.0325% of $5000 is $1.625

I think the purpose is to encourage small time investors to trade more, I think it helps, see now SGX is going up, more people are pouring in their money but I wonder how long this rally will last, good things never last long.

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