Frequently Asked Questions
Conditions for Automatic Order Amalgamation
Order must be
- done in a market that is eligible for order amalgamation. Please check the ‘Settlement’ section of the individual markets.
- done on the same trading day,
- for the same stock,
- of the same action (BUY or SELL e.g. A buy action can be amalgamated with another buy action),
- executed via the same platform,
- done through the same account,
- paid through the same payment mode (cash or CPF or SRS),
Other faq that might help you
- Can I check the status of my orders if I place my orders with POEMS?
- Can I increase my Trading Limit?
- Do Phillip Securities provide tax claim services (tax relief at source or reclaim)?
- How do I check my trading limit?
- How do I settle my trades in a foreign currency (other than SGD)?
- What are the steps to transfer foreign shares from another securities firm to Phillip Securities?
- What happens if I fail to pay or contra my purchase by due date?
- What is Cash in Lieu (CIL)?
- What is the validity period for my European orders?
- How can I sell through POEMS if I am holding physical certificates?
- How long will it take for the physical certificates to be credited to your account?
- How will I know when the physical certificate is credited?
- What is the procedure to deposit physical certificate/s with Phillip Securities Pte Ltd?
- What is a fractional share?
- What will happen to the fractional shares acquired from corporate actions?
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