The coronavirus pandemic is ravaging the world but some entities and regulators are doing their best to encourage, if not ensure, economic stability in the midst of the crisis.
One such example is the , the Singapore Exchange (SGX), which launched a $3.5 million aid campaign facilitating the local financial community. This sum will be spread out over the next year to ensure a smooth partition.
The idea is to support the city-state’s place in the financial industry so they wouldn’t be as vulnerable to crisis in the stock market.
The Australian regulator ASIC, in the meantime, is working to ensure the stability of the Australian equity market by issuing a limit to the daily executable trades that large equity market participants do.
Source
This will help in the short term but who knows how long this crisis will last.
One such example is the , the Singapore Exchange (SGX), which launched a $3.5 million aid campaign facilitating the local financial community. This sum will be spread out over the next year to ensure a smooth partition.
The idea is to support the city-state’s place in the financial industry so they wouldn’t be as vulnerable to crisis in the stock market.
The Australian regulator ASIC, in the meantime, is working to ensure the stability of the Australian equity market by issuing a limit to the daily executable trades that large equity market participants do.
Source
This will help in the short term but who knows how long this crisis will last.
