The Singapore Exchange (SGX) is overhauling its board lot framework to make trading in the market’s most expensive equities more accessible to retail investors.
Starting October 5, the minimum trading quantity for stocks priced between S$10 and S$100 will be reduced from 100 units to just 10.
This change effectively lowers the capital required to enter positions in high-priced blue chips and real estate investment trusts (REITs), addressing a long-standing friction point for smaller accounts.
The revision targets 11 of the exchange’s most costly listed companies, allowing investors to trade single shares or smaller bundles rather than mandatory large blocks.
By reducing the upfront cash requirement, SGX aims to broaden the investor base and improve liquidity for these heavyweight names.
The move is particularly relevant for retail participants who have historically been priced out of direct ownership in premium stocks due to the rigid board lot structure.