Frequently Asked Questions
General
How many force keys can I use?
Forced order is a pre-execution mechanism such that an order that is outside the forced order range from the Last Done Price must be confirmed or "forced" through.
Depending on the number of rewards points you have accumulated, the following apply:
For each force key entered, there will be a deduction of 20 reward points.
*You need to have a balance of at least 101 rewards points so you can use up to 25 force keys.
**You need to have a balance of at least 1,001 rewards points so you can use up to 50 force keys.
| Rewards Points | Entitlements |
| 0 - 100 | No force key |
| 101 - 1000 | 25 force keys per month* |
| 1001 onwards | 50 force keys per month** |
Do note that PSPL reserves the right to impose stricter restriction on use of force keys, where warranted.
Other faq that might help you
- Which are the modes available for trading?
- Which trading mode should I use?
- Can I place trading orders 24 hours a day?
- On which regional bourses can I trade?
- Can I use my SRS funds to purchase shares?
- How can I check the status of my orders?
- What is the validity period for my orders?
- What will happen to my order if it happen to be on a public holiday?
- Can I withdraw my orders?
- How can I check whether I have the sufficient shareholdings in my CDP account or CPF agent bank account?
- Will POEMS be able to check whether I have the sufficient shares in CDP before I submit a sell order?
- Is odd lot trading available over the Internet?
- What is the minimum bid size (MBS) for trading?
- What is ‘Amalgamate’?
- Why is my order invalid?
- Can I submit online trades on POEMS while my account GSA linkage is still pending approval with CDP?
- What are the pre-open and pre-close routines?
- Is there a trading limit?
- How can I increase my trading limit?
- How will I be informed of my new trading limit?
- What is my order type that I am submitting into the POEMS trading platform?
- What is a ‘force key’?
- What is the force key range for counter with last done price more than $0.50?
- What is the maximum limit for buy and sell order in POEMS internet?
- Why is there a Confirmation Order page shown when order is submitted?
- What markets/products does the force key range checking apply to?
- Why is my limit or market order not done when the market opens at 9.30am (EST) and why is my executed price different from the opening price shown on POEMS?
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