Hi guys! I have something to share especially if you're doing some trading in Singapore. My broker just inform me that there're some penalty charges upon short selling.
As what my broker emailed to me, he mentioned that from Thursday, September 25, 2008, short selling of shares listed in SGX, (sell share without owning the share in CDP) there will be a penalty fee of 5% of the value of the failed trade subject to a minimum of $1,000.
Well, I'll try to find out more details pertaining to these. Below I have provided a link for your information
http://info.sgx.com/webnewscentre.nsf/b9c790d0d5ba5d2548256dcf0049ce28/48256838002f07b1482574cc00444fe0?OpenDocument
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