SGX - reduced lot from 1000 to 100 from 19/01/15

As per announcement by SGX, lot size will be reduced from the current 1000 to 100.

Yippy or Nay?

Although one will have easier access to buying 'expensive' stock - UOB, DBS blah blah... it is good that even small fry like myself can buy counters I probably wldn't see myself even touching... lol

can diversify my portfolio already~ must get ready war-chest. ;P

but then unless commission will be lowered (like SCB), this will mean a trade needs higher margin to breakeven, especially when one buy only 1 lot...

so will we see more trading thru SCB, or reduced comm... ? this waits to be seen.