The Stock Exchange should go 24 hrs
SGX is still pushing for continuous trading with no lunch break to improve trading volume and to capitalise on the connectivity with other operating exchanges. Though the idea is good, it is half hearted. SGX should go all the way, provide continuous trading round the clock. This will make SGX the only stock exchange that never sleeps and investors who have insomnia or in different time zones can always call our exchange to trade till their hearts contend. This will definitely generate all the volumes that SGX intended and even propel SGX to become the world's number One stock exchange. It will be another feather in our hat. There should be no problems with our pool of remisiers and broking house employees. They will welcome such a great idea with glee. Plentiful of money to be made. The broking houses can help by redesigning the trading area with beds attached to the terminals so that remisiers can literally trade, eat and sleep in the same place. I would suggest something similar to the SQ jumbo airbus first class seat cum bed. That would allay any protest from the remisiers. Just make them comfortable and happy. Anyway the remisiers are very pliable and adaptable bunch and would just adapt to the new demands. They don't have a troublesome union to fight for humanly working hours or other craps that make operating the business difficult. There will be fatigue and stress problems no doubt. Just provide more steriod jabs in case they need them. And if they make mistakes, the stock exchange should be generous enough to pay for their errors. Working in a highly stress environment, none stop for 8 to 10 hours, can be killing and mistakes are bound to happen. And working 24 hours is a new ball game. No joke. If the maids can cope with working for 24 hours without any problems, I think remisiers too should be able to do it equally well. Take this as an experiment and if it works well, other industries too can go on 24 hours non stop operations. Our Ministries and Ministers too can work 24 hours to increase their productivity. 24 hours is the way to go. Make Singapore a city that never sleeps.