Caution on Small Caps

Caution on Small Caps: According to sources, UOB Kay Hian has imposed trading curbs across the co. in order to manage its risk. Abstract as follows: In Order to manage Risk and Control over exposure to non-marginable stocks, the following controls shall apply with immediate effect a) Exposure to single non-marginable counter per client - Not more than $100k - Not more then $50k if the clients trading limit is $100k or less b) Exposure to non marginable counters collectively per client - Not more than $300k Do note however that we are not able to ascertain the full accuracy for the above source.