SGX hopeless, anyhow implement shortselling rules

[madmansg]

now even remisiers want to boycott SGX. Pillay and the damn useless CEO should be sack at once. They are destroying sg financial industry.

 

[Black Swan]

Desperate times call for desperate measures. Buying-in market is a mechanism to correct delivery failure, intentional or otherwise. SGX should not impose penalty on buying-in indiscriminately. I think the overall short-position outstanding is only like 0.0001% of traded volume so short sellers cannot be blamed for the falling market.