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An announcement from Singapore Exchange ( (SG:S68) ) is now available.
SGX RegCo is proposing changes to streamline the requirements for designated market-makers (DMMs) of exchange-traded funds (ETFs) by removing certain administrative obligations, aligning its practices with global standards. This initiative follows a review of the regulatory framework for ETFs and aims to facilitate more ETF listings, supported by the Monetary Authority of Singapore’s recent enhancements to the Grant for Equities Market Singapore Scheme for ETFs. The proposed changes are expected to improve market efficiency and transparency, benefiting investors and aligning with global market practices.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$18.50 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.
More about Singapore Exchange
Singapore Exchange Regulation (SGX RegCo) is an independent subsidiary of Singapore Exchange Limited, responsible for frontline regulatory functions in the securities market. Its activities include the admission and supervision of issuers, intermediaries, and Catalist sponsors, as well as the surveillance of trading and issuers’ disclosures. SGX RegCo is recognized for its efforts in maintaining market integrity and development, having been named Exchange of the Year by Regulation Asia five times.
Average Trading Volume: 2,246,408
Technical Sentiment Signal: Buy
Current Market Cap: S$17.43B
See more insights into S68 stock on TipRanks’ Stock Analysis page.