atans1

Our stock exchange now like Peenoy stock exchange

In Uncategorized on 29/10/2020 at 4:55 am

How the mighty have fallen. When I was in equities trading and brokerage from the mid 80s till mid 90s, S’pore was the tua kee market in SE Asia, even excluding CLOB.

Now we are almost Peenoys.

Worse. Very little difference between them and us in new IPOs, needed to refresh the market.

But our SGX managers (los of mama FTs) are paid a lot more than their Filipino counterparts. Given how close we are to Peenoy standards, how about paying our SGX monkeys, peanuts, pesos or rupees, not S$?

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