Starting from 3rd August 2009, the tick size will apply as follow:
RM3 - RM4.99 : +/- 1 SEN
RM5 - RM9.99 : +/- 1 SEN
RM10 - RM24.99 : +/- 2 SEN
RM25 - RM99.99 : +/- 2 SEN
RM100 and above : +/- 10 SEN
RM0.99 and below remain unchange (0.5 sen). Means tick size for prices from RM1 to Rm9.99 will be 1 sen.
What is your view on this? Does it really help you as a small investor with start up fund of Rm5000 or even lower?
Friday, July 24, 2009
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