SGX and partners roll out youth stock programme to lower barriers and equip young investors
It comes as the exchange reduces board lot sizes for 11 selected stocks.
The Singapore Exchange (SGX) and its partners launched the Youth Stock Ambassadors Programme on October 5 to encourage more young investors to engage with the Singapore stock market. The initiative will provide young investors with capital market education, practical exposure, and opportunities to interact with the industry. The SGX, Securities Association of Singapore, and Securities Investors Association Singapore (SIAS) are behind the programme.
The three organisations aim to lower barriers to entry for investing, equip younger investors with more information on the Singapore stock market, and allow them to access higher-value Singapore stocks with smaller initial investments. The programme will be a youth-led platform open to students in tertiary institutions with an interest in capital markets and investing.
Selected Youth Stock Ambassadors will receive capital market education and training, engage with listed companies, and participate in internships and mentorship programs. These experiences will help them develop analytical, research, and content creation skills. The programme aims to create a community of informed investors who can inspire and support the next generation in their investment journeys.
The reduction in board lot sizes for 11 selected stocks, announced earlier this month, makes investing in expensive stocks more affordable for investors. This move is complemented by the new Youth Stock Ambassadors Programme, which provides investor education, access to quality research, mentorship, internship opportunities, and market exposure.
The SGX group head of global financial markets, Ng Yao Loong, emphasized that building the next generation of investors involves more than just making equities more accessible. The Youth Stock Ambassadors Programme offers opportunities for young investors to interact with listed companies and market practitioners, enabling them to develop informed investing habits and a longer-term perspective.
SIAS vice-president Ang Hao Yao noted that young investors often feel overwhelmed by available information and need a strong foundation in investment principles and knowledge. The reduced board lot sizes lower the entry point for investing, making the Singapore market more approachable and creating an opportunity to build sound investing habits from an early age.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
