Anonymous
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 0.20β0.995, 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.