Singapore, Jan 31, 2026, 15:24 (SGT) — Market closed
- SGX shares ended Friday at S$17.63, slipping 0.17%
- SGX RegCo has launched a consultation on expanding broker custody accounts to include pooled “omnibus” structures
- Attention now shifts to SGX’s half-year results briefing scheduled for Feb. 5
Shares of Singapore Exchange Ltd (S68) slipped 0.17% to close at S$17.63 on Friday. The stock fluctuated within a range of S$17.53 to S$17.65, with roughly 2.0 million shares traded before the market closed for the weekend. (StockAnalysis)
Singapore Exchange Regulation (SGX RegCo) on Friday unveiled proposed rule changes aimed at expanding the scope for broker custody accounts, including “omnibus” accounts—where holdings are pooled under a broker’s name instead of individual investor accounts. The regulator noted this move could bring Singapore in line with global norms and attract asset managers with international operations. Ng Yao Loong, head of equities at SGX Group, described the timing as “timely,” while SGX RegCo CEO Tan Boon Gin emphasized the need to keep the custody framework “robust.” The consultation period runs through March 27. Investors will still have the option to hold shares directly via The Central Depository (CDP), SGX’s securities depository. (Mondo Visione)
The timing is tight, coming just days ahead of SGX’s upcoming earnings release. A recent filing revealed the exchange operator plans to announce its first-half FY2026 results before the market opens on Feb. 5. CEO Loh Boon Chye and CFO Daniel Koh will then lead a briefing at 9 a.m. (SGX Links)
The custody proposal is key for SGX since it influences trading behavior at its root. Should more retail and institutional investors channel all holdings via brokers, activity might shift toward platforms offering bundled services, potentially boosting turnover down the line.
But this approach comes with costs. Ang Hao Yao, vice-president at the Securities Investors Association Singapore (SIAS), warned that broader adoption calls for stricter regulations, highlighting data protection and cybersecurity as key challenges that must be tackled to preserve investor trust. (The Business Times)
Macro factors are in play ahead of Monday’s open. Singapore’s central bank held policy steady on Thursday but nudged up its 2026 inflation forecasts. OCBC economist Selena Ling described the statement as “a tad more hawkish,” while Maybank economist Chua Hak Bin highlighted “simmering inflation pressures” starting to show. (Reuters)
Singapore Airlines announced it has secured in-principle approval to list a S$500 million 2.70% bond maturing in 2036 on the Singapore Exchange, starting at 9 a.m. on Feb. 2. (Reuters)
SGX shares move without a major headline—volume and volatility drive the action. Investors are digging for clues on trading and clearing trends, and whether management expects reforms to boost lasting participation.
Uncertainty looms: the consultation might face resistance, and adoption could drag. If investors fear pooled custody muddies ownership or delays corporate-action handling, they could just opt to keep direct holdings.
Feb. 5 is the date to watch next week, when SGX will release its report and hold an investor briefing. Management is expected to provide details on activity levels, costs, and early insights into how the custody changes could impact the market.
