SGX has finally decided to go ahead with implementing all-day trading by removing the 1.5 hours lunch-break, claiming that it will allow investors greater flexibility to react to market-moving news that may happen during the lunch-break hours.
I am neutral regarding this measure, but to me, it would appear that the folks running SGX simply have run out of ideas. Having not succeeded in anything of note in recent years, I feel that the senior management team at SGX should either be replaced or the exchange should just content itself with being a 2nd-tier market, and stop trying. Singaporean investors have suffered enough by the 'geh kiang' ideas such as allowing rubbish PRC companies to list.
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