Don't let market clobber you again

Investors should learn lessons from Clob saga 20 years ago

Clob investors at a brokerage firm in 2000. The over-the-counter market was set up for Singapore investors to continue trading some 180 Malaysian shares after the Kuala Lumpur and Singapore stock exchanges parted company in 1990.
Clob investors at a brokerage firm in 2000. The over-the-counter market was set up for Singapore investors to continue trading some 180 Malaysian shares after the Kuala Lumpur and Singapore stock exchanges parted company in 1990. ST FILE PHOTO
New: Gift this subscriber-only story to your friends and family

It has been 20 years since I formed the Securities Investors Association Singapore (Sias) to help small investors who had invested in Malaysian shares that used to trade in Singapore on the platform known as Clob International (Central Limit Order Book).

Clob was an over-the-counter market set up to enable Singapore investors to continue trading some 180 Malaysian shares after the Kuala Lumpur and Singapore stock exchanges went their separate ways in 1990.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on May 24, 2020, with the headline Don't let market clobber you again. Subscribe