Singapore Exchange (SGX) chief executive Magnus Bocker is on a tireless crusade to woo retail investors.
His latest suggestion is to revamp the decades-old Central Depository (CDP) system to give retail shareholders the option of letting their brokers see what shares they hold. The CDP holds the shares of about 1.4 million investors.
The idea is to put brokers in a better position to advise clients on tweaking their portfolios and thereby add some sparkle to retail trading. Full story
