I met a remisier. He told me that he had left the industry. The volume for trading was too low. His commission earnings was miserable. Many other remisiers had left.
The remisier said that there are too many restrictions in the Singapore exchange.
I told him that many investors lost money on the S chips from China. They were badly managed.
The problem was that the regulation on the S chips were too loose. He agreed.
We seem to have the wrong approach towards regulation. We are too loose in some areas and too strict in other areas. We seem to be contradictory.
Recently, someone decided to list her company in Hong Kong. They have a more active market. The Singapore market is poor.
The remisier said that there are too many restrictions in the Singapore exchange.
I told him that many investors lost money on the S chips from China. They were badly managed.
The problem was that the regulation on the S chips were too loose. He agreed.
We seem to have the wrong approach towards regulation. We are too loose in some areas and too strict in other areas. We seem to be contradictory.
Recently, someone decided to list her company in Hong Kong. They have a more active market. The Singapore market is poor.
No comments:
Post a Comment