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New Tick Size for Instruments Trading At or Above $100

Dear CGS-CIMB iTrade customers,
 
Pleased be informed that SGX will be updating the default Minimum Bid Size (MBS) to provide a more balanced price range.
 
The following changes will be effective from Monday, 31 May 2021.
 
New tick sizes are introduced for instruments trading at or above $100 in the eligible currencies.
 
The updates are highlighted in our CGS-CIMB iTrade Singapore's FAQ (Q10), click [Here] for more information.
 
Please note there is no change to the tick size for instruments trading below $100.
 
 
Yours sincerely,
 
CGS-CIMB Securities Sdn Bhd (197901004504)(48703-W)
(A Participating Organisation of Bursa Malaysia Securities Berhad)

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