To start to trade stocks in Singapore, you will be required to go through a simple sign-up process with a brokerage firm of your choice.
The invention of the Internet has brought about many changes in the way that we conduct our lives and our personal business. We can pay our bills online, shop online, bank online, and even date online! And of course, we can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to, and brokers like having the ability to take orders over the Internet, as opposed to the telephone.
All Singapore brokers and brokerage houses now offer online trading to their clients. Another great thing about trading online is that fees and commissions are often lower. However, while online trading is great, there are some drawbacks still. For instance, if you are new to investing, having the ability to actually speak with a broker can be quite beneficial. If you aren’t stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you learn as much as you can about trading stocks before you start trading online.
You should also be aware that you don’t have a computer with Internet access attached to you. You won’t always have the ability to get online to make a trade. You need to be sure that you can call and speak with a broker if this is the case, or be able to trade using your mobile phone. This is true whether you are an advanced trader or a beginner.
Singapore Brokerage Account
To start off, you will need to choose from one of the several brokerage firms around. Some popular brokerage firms include:
Depending on the firms, you may be asked to place a refundable opening deposit. Most brokers just require proof of earnings, i.e. with a payslip. Sometimes trading representatives or brokers may waive these requirement, or they may hold promotions or fairs which typically waive this as well.
Central Depository (CDP)
Besides an account at a brokerage, you’ll also need what is known as a Central Depository account. All stocks that you own are held in your CDP account. If you have never traded stocks before, you most likely do not own a CDP account, and your very first brokerage account will come with a CDP account opening form that you can fill up as well.
Electronic Payment for Shares (EPS)
In the past, any outstanding payment to your brokerage had to be settled in the form of cheques. This form of payment conveniently links your bank account to your brokerage, so that you can login into your Internet banking account and pay for any outstanding contracts there. This is highly recommended.
7.35 ( 0.02)
Stock data provided by eSignal, stock charts provided by EDGAR Online. Stock information is delayed approximately 20 minutes.
14th Annual General MeetingSGX held its 14th Annual General Meeting (AGM) on 19th September 2013.
Please find below link to the video recording of the AGM:
During the 14th Annual General Meeting on 19th September 2013, a shareholder queried about the date of the last SGX share buy-back program, and the price per share of the transaction.
The last SGX share buy-back program was in December 2009, with SGX buying a total of 436,000 shares over seven tranches from 4th December to 17th December 2009.
The weighted price per share for the share buy-back program was $8.0277.
Thank you for visiting SGX Investor Relations website.
For further information with regards to our financial results or investor matters, please contact the Investor Relations Team at email@example.com.
About SGX Academy
About SGX Academy
A Centre of Excellence for Investor Education and Professional Trading Development
At SGX Academy, the education and training programmes have been specially designed to meet the different needs of individuals and professionals. The education delivery formats such as seminars, courses and e-Training allow participants to choose their preferred mode of learning and achieve the desired learning outcomes.
Programmes are classified into Beginner, Intermediate and Professional levels to help participants find the right programmes that meet their investing and trading needs.
|Find programmes for all investor levels|
Choose from a wide range of beginner,
intermediate and professional programmes to
meet your needs.
|Enjoy flexible learning via E-Training|
With E-Training, you can acquire investing knowledge anywhere and anytime.
|Attend programmes developed|
with our partners
Our programmes developed with academic
institutions and industry players deliver
highly specialised content to achieve high
impact learning outcomes.
|Experience hassle free learning|
It's easy to keep track of your education
journey with convenient event history and
reminders. Just sign up and bookmark the
programmes that interest you.
Whether you are a seasoned investor or just starting out, with our range of programmes you are sure to find the right programme to match your level of investing and trading knowledge.
Get Started Now
Sign up for a free SGX Academy account and
start learning to invest.