Frequently Asked Questions

CPF/SRS

 Can I contra (buy and sell on the same day) with my CPF/SRS trades?


Contra is not supported by the banks. The bank may affirm your buy position for a settlement if you have sufficient investable amount but the SELL position will be revoked to cash settlement and is subjected to buy-in by SGX unless you have sufficient holdings in your account to satisfy your delivery obligations.

Bank matrix for buy & sell on the same day with no holdings.

Trade side DBS OCBC UOB
Buy Remains as CPF/SRS trade Revoke to cash Remains as CPF/SRS trade
Sell Revoke to cash Revoke to cash Revoke to cash

Other faq that might help you



Did this answer your question?           

Still cannot get your problem solved?

Call our Customer Service at 6531 1555 | Available from 8:45 am - 12.00 am on weekdays