18 Jan '11, 11pm

SGX implements all-day trading from March 1

SGX will introduce continuous all-day trading from 9am to 5pm from March 1. -- ST PHOTO: JOYCE FANG THE Singapore Exchange (SGX) has decided that the fast pace of modern share trading means there is no longer time to stop for lunch. The bourse operator on Tuesday said that on March 1, it is pressing ahead with its previously flagged controversial move to scrap its 90-minute lunch break. This will allow trading to continue uninterrupted from 9am to 5pm. In doing so, it will join the Korea Exchange, the Australian stock exchange ASX and India's National Stock Exchange in the region - all of which also have no break from trading during lunch-time. SGX chief executive Magnus Bocker said the move will make Singapore one of the most accessible markets in Asia, and allow its trading hours to have more overlap with other Asian markets. 'Singapore's leading position as an internati...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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