SGX improving market structure: PGI head trader

Recent moves by the Singapore Exchange look set to benefit liquidity, but Australia remains the pace-setter in the region on market-structure reform, argues the co-head of global equity trading at Principal Global Investors. SGX's reduction of lot size from 1,000 to 100 shares in January should help boost liquidity, especially for retail investors, says London-based Huw Gronow, who oversees Asia and Europe equity trading for the US firm*. He also sees the January co-location tie…