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Developed in 1996, POEMS (Phillip's On-line Electronic Mart System) is specifically designed for the independent investor who prefers the convenience of trading on-line.
With POEMS, you will gain access to a whole range of features including live prices, news updates, technical charting, research commentaries and portfolio valuation.
Benefit of POEMS Internet Trading
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One-Stop Trading System POEMS internet allows you to monitor the pulse of leading stock exchanges and trade with ease as you can place your stocks orders from home or office if you have internet connection.
Leading stock exchanges including:-
Singapore Exchange Limited (SGX), New York Stock Exchange (NYSE), National Association of Securities Dealers Automated Quotation (NASDAQ) American Stock Exchange (AMEX) Bursa Malaysia (KLSE) Stock Exchange of Hong Kong (SEHK) Tokyo Stock Exchange (TSE) Stock Exchange of Thailand (SET) London Stock Exchange (LSE)
The trading of futures and foreign exchange (FX) is easy with POEMS Futures FX. Spot foreign exchange of the world's most heavily traded currencies (USD, Yen, Euro, etc.) are traded on a margined or leveraged basis.
Investors can also hedge their positions in the equity markets with SGX-DT futures contracts such as the MSCI Singapore, Taiwan, Hang Seng, Nikkei 225 Stock Indices and many others on a margin basis. In addition you can also trade in Unit Trust via POEMS.
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Direct Trading POEMS links your orders directly to the SGX via online trading requiring no manual intervention. POEMS on-line service is available round the clock and orders placed through the system are immediately received and routed to the SGX during market hours.
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Easy Settlement Trade settlement is simple and hassle free. Besides cash and cheque payments, the Electronic Payment for Shares (EPS) service with the major banks in Singapore allows sales proceeds to be automatically credited into the investors' bank accounts, whilst payments can be made through the ATMs or internet banking.
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Dataline Incorporated into POEMS, Dataline provides easy access to in-depth fundamental report and analyses of all listed companies on the SGX, KLSE and SEHK. Investors can access the PE Ratios, NTA, Balance Sheet Summaries, Profit and Loss Statement for the last five financial years, as well as research recommendations and commentaries at the click of a mouse.
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Portfolio Management Monitor the returns of your investment with our Portfolio View which calculates your weighted average investment costs and mark them to real-time market prices, so that you, the investor, will be able to gain an edge in the stock market.
Obtain an edge in your investment today by opening a POEMS account
ANNOUNCEMENT CONTINUOUS ALL – DAY TRADING (CAT)
SGX will introduce continuous all-day trading (CAT) on the SGX-ST securities market from 1 August 2011 to allow you to trade during ‘lunch period’, between 12.30pm and 2.00pm.
During the extended trading hours between 12.30pm and 2.00pm, your Trading Representative (TR) could be away from the desk and news screens. Hence, the Company is providing the following alternative arrangements to cater to your trading needs:
- the use of central dealing desks, where the TRs may channel clients’ orders to these central dealers for order execution;
- the appointment of a back-up TR (‘buddy’) to handle clients' orders;
- the use of mobile technology or hand-held equipment by the TR to execute customers’ orders while he/she is outside the office premises;
- POEMS online internet trading
Please check with your TR on his/her modes of execution during the extended lunch hour trading.
If you require clarifications on the options available to you or your preferred mode of trading, please speak to your TR. For more information on CAT, please visit SGX’s website at www.sgx.com.
Please note that when CAT starts, demand and supply conditions in the market could be less favourable between 12.30pm and 2.00pm than the rest of the trading day. For instance, market volume may be lower as market participants may be unfamiliar with the new hours. This may affect the price and quantity of orders which can be executed during this period.
The level of service from your TRs may also be affected. Relaying your order to the market may take a little longer than usual and response to your questions may be less timely. Investors are encouraged to discuss order execution and management with their TRs, if their TRs are using mobile technology to manage these orders between 12.30pm and 2.00pm.
With CAT, any resting, unmatched orders queuing in the trading system may be matched throughout the day including during the period between 12.30pm to and 2.00pm as the market absorbs news, orders and developments. You are reminded to monitor the status of orders given to your TR and the developments of the market all day, including the period from 12.30pm to 2.00pm.
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