"Unusual" share price movements on July 14 have prompted the Singapore Exchange Regulation (SGX RegCo) to issue a query to wealth management platform iFast.

Shares in the company fell 1.5% to $8.865 from $9 at market open at 9.12am, before hovering between the $8.97 to $9 mark throughout the day.

At around 1.40pm, shares in iFast spiked 4.44% to $9.40.

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