Is SGX more concerned about its profits or investors’ pocket?

December 15, 2011 at 2:03 pm Leave a comment

SGX CEO said today that CDP will undergo a revamp which will let brokers access to CDP accounts so that they can advise investors what to buy/sell, thus boosting the number of transactions.

Obviously, the winner of this revamp, if successful, is SGX and the brokers for if they can get more investors to perform more transactions, they will increase revenue and thus profits. However, for long-term DIY investor like me, i prefer not to let broker interfere with my buy/sell decisions. Hopefully, it is an opt-in option to grant permission to broker to know what’s in your CDP account.

Unless you are a genius which very few are, it isn’t wise to perform transactions frequently which SGX is encouraging. What’s wrong with a boring market if it can deliver consistent,growing dividends? Not if it hurts SGX chances of increasing profits at expense of investors who trade frequently.

Haven’t you heard of the story of the fox which guards the henhouse?

Entry filed under: Watch your step. Tags: .

EU marriage,will it end up in divorce? White house value and the 8th wonder

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Recent Posts

December 2011
M T W T F S S
« Nov   Jan »
 1234
567891011
12131415161718
19202122232425
262728293031  

Archives

Blog Stats

  • 37,483 hits

%d bloggers like this: