The Singapore Exchange (SGX) has rolled out two online initiatives to support retail investors in their understanding and trading of “Specified Investment Products” listed on it. The launch comes as a response to the Monetary Authority of Singapore’s (MAS) proposal to enhance safeguards for retail investors for such products. The first initiative, called “Customer Account Review Module”, will let investors easily furnish information, such as their education and professional qualifications, work experience and investment experience in a consistent and standard format, to their SGX member firm. The “SGX Online Education” initiative captures key features and risks of each SGX-listed specified investment product for retail investors to better understand the products before they invest.
Click here for the release from Singapore Exchange.