MAS commits $20m to boost liquidity for SGX small and mid-cap stocks
The initial list will include 80 eligible stocks and will be regularly reviewed, MAS said.
The Monetary Authority of Singapore (MAS) has committed $20m for a new grant for stocks listed in the Singapore Exchange (SGX).
The GEMS Market Making Grant will provide trading liquidity for market makers for an initial group of around 80 eligible small and mid-cap stocks, as well as newly listed stocks, MAS said in an announcement on 29 September 2026.
MAS aims to facilitate tighter bid-ask spreads, reduce execution costs, and strengthen price discovery.
The list of eligible stocks will be reviewed regularly to cover additional stocks that can benefit from the grant, MAS said.
Over time, MAS said that the activity the grant generates can enhance market quality and trading liquidity. The central bank hopes to attract greater investor interest in the stocks.