facebookAre we allowed to bid/ask share price at 3 decimal places instead of 2 decimal places? E.g. 2.345 vs 2.35? - Seedly

Anonymous

30 Jun 2019

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Are we allowed to bid/ask share price at 3 decimal places instead of 2 decimal places? E.g. 2.345 vs 2.35?

Are we allowed to bid/ask share price at 3 decimal places instead of 2 decimal places? E.g. 2.345 vs 2.35? If we can't, anyone knows why?

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I would presume you are asking about SG stocks.

SGX have set the rule of minimum bid size for stock

For stock price below 0.20, the minimum bid size is 0.001

For stock that the price range is between 0.20–0.995, the minimum bid size is 0.005

For stock price that are 1.00 and above, the min bid size is 0.01
for your case, as the price is above $1.00, the min bid size is 2 decimal places instead of 3.

hope that help.

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