Singapore Exchange reopened on 9am Friday after shutdown

July 15, 2016 By Leave a Comment

Singapore Exchange

Singapore Exchange (SGX) has suspended trading for almost a day on Thursday following a technical breakdown, had normally reopened today.

According to SGX, there was a cut over on their primary to secondary trade confirmation systems which was initiated at 10:12am and resumed at 10:14am which resulted in the halting of the system before noon.

At 11:38am, duplicate and missing trade confirmation messages were discovered, forcing SGX to suspend the trading to make a way adjustments in the market.

The process in the “adjust phase” enables investors to review and take full control on their orders.

SGX decided to shut down for the rest of the day as per members’ feedback.

SGX CEO Loh Boon Chye apologized for a technical malfunction that angered traders saying, “I wish to sincerely apologize on behalf of all at SGX for the many inconveniences I’m aware that we’ve caused,” Loh said on the call.

He added that, “We’re not pleased with our own recovery time and it needs to be better. We’ll do better.”

“I wish to sincerely apologize on behalf of all at SGX for the many inconveniences I’m aware that we’ve caused,” Loh said on the call. “We’re not pleased with our own recovery time and it needs to be better. We’ll do better.”

However, the Thursday events made some of the participants angry and confused as one trader said that they have had issues since 10am.

Singapore Exchange reopened early today at 9 am regular working hours.

Southeast Asia’s biggest bourse (SGX) has a total capitalization of $494 Billion, which maintains a monopoly on the stock trading.

 

 

———————

Berkeley Capital is an independent Corporate Advisory Business focused on delivering quality solutions for our clients.

Filed Under: Stock Market Tagged With: , , , ,

Is 2016 Viable for Stock Market Investment?

June 13, 2016 By Leave a Comment

Just with a quick look at the stock market in 2016 and one is bound to flinch. As much as investors would not want to hear this fact, it is a reality that stock exchanges across the world are facing one of the worst starts in many years.

The DOW, an index of 30 largest companies in America has in the last month reports the ugliest kick over in its history. A quick shift to China’s stock exchange market and it is visible that the country’s slowing economy is taking a toll on the stock market. However, all is not lost.

There are reasons for investors to smile, more especially, US investors. For starters, after many years of low growth, the US economy is not only in good shape but is also showing positive signs of growth, more especially in the real estate market. This is affirmed by the recent hike in Fed rates with further hikes anticipated in the near future.

As a matter of fact, in May 2015, the US economy surpassed expectations to hit an all-time high. Notwithstanding the recent oil prices crisis, the market has only slipped 10% below the all-time record level. The fact that the market is nowhere near the “bear market” (20% drop) is evidence that the stock market remains a lucrative investment option.

Other than the improving economy, history has proven that long-term investment in the stock pays off. As a matter of fact, tracing back stock exchange after World War II, evidence from S&P Capital IQ analyst shows that investors that retained their stocks for not less than 15 years, reaped immense profits. As much as things may look gloomy, they are not bound to remain the same forever.

Perhaps, the next question would be whether or not the stock market investments will hold in the face of increased animosity globally ranging from the Baltic Sea to the South China Sea. The truth is that such uncertainties are not good for any stock market, stock exchange or real estate investor. Indeed, the current levels of volatility will not do the world stock markets any good if they persist.

It can however not be ignored that recent trends have seen investors go against expectations and going ahead to invest irrespective of the ongoing events.

In stock market is often a good way to grow earnings in the long run. While investing does not necessarily translate into yearly profits, the up years no down surpass the down years.

 

Filed Under: Real Estate Investment, Stock Market Tagged With: , , , , , ,

Hong Kong Stock Brokers Complain As Fees Cripple Their Profits

May 31, 2016 By Leave a Comment
Hong Kong Stock Exchange

Hong Kong Stock Exchange

 

Hong Kong stock exchange traders are no doubt paying the highest fees to trade than any other country in the region. This comes about as the national stock exchange rules are not only outdated but also cutting into profits.One particular industry to be adversely affected is the skin care industry, where at first glance the 0.002 transaction charge fee is attainable. However reality is that with the size of trade goods have been shrunk, the minimum charge per unit of HK stocks traded becomes higher thus eating into traders profits.
The frustration today has come up as years ago executing a big order at once was possible. However with today’s electronic trading policies big orders are divided into smaller HK stock orders. In this case even with the 0.002 transaction charge which can never amount to less than HK $2, becomes significantly higher. This in addition to the falling commission fees being paid and competition, making it almost impossible for some traders to make profits.

Fee generation

In a recent survey done more than 90% of the Hong Kong stock exchange have to pay the minimum charge. This is regardless of the fact that the minimum charge regulation has been around for 22 years. In addition, transactions of a small amount of HK$100,000 also pay the minimum levy fee. This translates to a trading cost of 0.0076% average of the transaction value. Comparing it with neighboring Tokyo stock exchange, this is three times more and double fees compared to Australia’s. With Hong Kong being one of the major operators in Asia still having the fixed minimum fee levy for execution purposes, large trading firms around the world are steering clear from its market.

 >>Learn more about stock exchange and corporate advisory here
No alternative avenues

maxresdefault

With the HK stocks regulations having little to no change, brokers have no alternative avenue to trade other than the Hong Kong Monopoly. With a record of 18% earned as fees from its sales as end of last year, translating to about HK$2.4 billion, there are still no plans to change the fee as of yet. According to Calvin Tai, head of clearing at Hong Kong bourse, there are a lot of exercises involved and changing the fee immediately will affect the cost structure already in place. However, all firms are remaining conscious with costs even with clients paying per point basic, to ensure that profits are realizable.

The change 

All in all some Hong Kong stock exchange trading firms are taking the initiative themselves to minimize the profits in a quest of making clients happy. This is realized as most instead of slicing orders into very small orders are combining orders, ensuring that profits to traders is realized.

 

Related Article:

London Stock Exchange and Boerse Highlight the Uncertainty of Merger Plans

Filed Under: Stock Market Tagged With: , , , , , , ,

The Significance of the World Stock Market

August 10, 2015 By Leave a Comment

Many countries worldwide have developed globally recognized stock markets. Stock Exchanges dot the major cities of these countries. New York City’s Wall Street (New York Stock Exchange) is the one destination that is synonymous with Stock Exchanges and is the world’s largest exchange. The other dominant members of the world stock market include: United Kingdom’s London Stock Exchange (LSE), Germany’s Deutsche Bourse Group, China’s Shanghai Stock exchange and Hong Kong Stock Exchange. The Stock Exchanges around the world are a wonderful barometer of the predicted financial health of both that country and also the world economy.

Stock markets are an integral pillar of economic growth. They are also a reflection of the financial profiles of listed companies. The trends of stock prices and stock market indices underscore the overall state of the global economy and financial health of listed companies. It is for this reason that stock market indices rise when the global economy blossoms and plunges when the global economy plummets. This nexus between the global stock markets and economic performance is important because it helps companies, creditors and investors make important decisions. For example, the high thresholds of listing at the global stock exchange markets give investors the confidence to buy stocks of their preferred companies.

Sao_Paulo_Stock_Exchange

Stock exchange listing is one of the most important phases of a company’s life cycle. This is because stock exchange listing involves stringent approval procedures that screen the operational thresholds and strategic financial management of a company. Any company seeking listing must meet the established qualification criteria for conducting an initial public offering (IPO) or a rights issue of shares at any given stock exchange market. Subsequently, successful entry into the world stock market brings with it many advantages. It becomes easier for a company to access a wide range of sources of finance; including both debt and equity. A listed company can raise additional capital by selling additional shares through a rights issue. Due to the extra financial transparency rules a listed company must adhere to, it assists companies raise debt to fund their operations.

 

brendt Munro

 

 

Check out more about Brendt Munro at Berkeley Capital Asia. Brendt is highly active in providing structuring and practical corporate advisory services. This advice ranges from international structuring, business restructuring to effective strategic and corporate business planning. Brendt ensures his clients benefit from regular contact, intelligent insight and clear direction.

Filed Under: Stock Market Tagged With: , , , , , ,

Implementing Expertise into Stock Markets

August 1, 2015 By Leave a Comment

The most important way of raising money for the companies worldwide is through the stock market. These markets raise additional capital and funds for the companies that can later be used for expansion and business improvement. Investing in stocks is the present and future of business society. The entire process of stock investment is enriched with its liquidity, the possibility to sell, buy or trade stocks in an extremely quick time.

Stock Market

History is on the side of stock market futures. It has shown that the stocks’ prices are some of the most important parts of the market’s economic activity and it’s a clear indicator of the country’s current economy. The rise of the stock market automatically makes an economy to be considered strong and developed. The stock market is proven to be the primary indicator of the country’s position in the society.

The rise of the share prices means increased business investment and affected households’ wealth. This is the main reason behind the control on behalf of the central banks, to keep an eye on the stock market futures in order to achieve and preserve the country’s financial stability. The entire financial system’s work is to contribute to the increase of prosperity and advancing and to promote the production of goods, services and future employment.

Developing, considering and implementing the goals of an enterprise comes under the research of the strategic financial management. The current increase of the implementation of this study is a result of its achievements in the maximization of shareholders wealth. The entire method is done by allocating scarce resources and identifying strategies for further actions. Its scope is making decisions regarding the investments in the company’s assets and choosing the right amount of such investments that are ought to be financed.

The stock market is known to be the main driver to future economic growth. Stock market futures are now considered to be one of the most influential pieces of a country’s economy. The entire existence of a company in the future will depend on the decisions and strategies it will implement today and how these choices influence the company’s future progress. The businesses have to explore their opportunities, base their actions on their strategic financial management capabilities and make the right choices for future prosperity. Use experts with experience when investing. Research what are your best options and seek external advice.

 

harley Dalton

 

 

Harley Dalton has over 20 years’ experience in investments and the funds management industry. His key background and capabilities include leadership, strategy, negotiation and operational management. He has been actively involved in taking a number of businesses to publicly listed status in the Australian share market, providing capital raising, structuring, debt, equity.  Check out http://www.berkeleycapitalasia.com/corporateadvisory/ for more info.

Filed Under: Stock Market Tagged With: , , , ,