Frequently Asked Questions
General
What is the minimum bid size (MBS) for trading?
With effect from 13 November 2017, the MBS for the $1.00 to $1.99 price range will be widened from the current $0.005 to $0.01 for all securities (excluding preference shares, structured warrants, exchange traded funds, exchange traded notes, debentures, bonds and loan stocks).
Bid Size
Product | Price Range ($) | Minimum Bid Size ($) |
---|---|---|
Stocks (excluding preference shares), Real Estate Investment Trusts (REITS), business trusts, company warrants and any other class of securities or Futures Contracts not specified in the rows below | Below 0.20 | 0.001 |
0.20 - 0.995 | 0.005 | |
1.00 and above | 0.01 | |
Structured warrants | Below 0.20 | 0.001 |
0.20 - 1.995 | 0.005 | |
2.00 and above | 0.01 | |
Exchange traded funds and exchange traded notes | All | 0.01 or 0.001 as SGX-ST determines |
Debentures, bonds, loan stocks and preference shares | All | 0.001 |
Product | Price Range ($) | Minimum Bid Size ($) | Forced Order/Bid Size Range |
---|---|---|---|
Stocks (excluding preference shares), Real Estate Investment Trusts (REITS), business trusts, company warrants and any other class of securities or Futures Contracts not specified in Rule 8.3.3 | Below 0.20 | 0.001 | +/- 30 bids |
0.20 - 0.995 | 0.005 | ||
1.00 and above | 0.01 | ||
Structured warrants | Below 0.20 | 0.001 | +/- 30 bids |
0.20 - 1.995 | 0.005 | ||
2.00 and above | 0.01 | ||
Exchange traded funds and exchange traded notes | All | 0.01 or 0.001 as SGX-ST determines | +/- 30 bids |
Debentures, bonds, loan stocks and preference shares quoted in the $1 price convention | All | 0.001 | |
Debentures, bonds, loan stocks and preference shares quoted in the $100 price convention | All | 0.001 | +/- 1,000 bids |
Product | Price Range (HK$) | Minimum Bid Size (HK$) |
---|---|---|
Securities denominated in Hong Kong Dollar | Below 0.25 | 0.001 |
0.25 - 0.495 | 0.005 | |
0.50 - 9.99 | 0.01 | |
10.00 - 19.98 | 0.02 | |
20.00 - 99.95 | 0.05 | |
100 - 199.90 | 0.1 | |
200 - 499.80 | 0.2 | |
500 and above | 0.5 |
Product | Price Range (¥) | Minimum Bid Size (¥) |
---|---|---|
Securities denominated in Japanese Yen | Below 2,000 | 1 |
2,000 - 2,995 | 5 | |
3,000 - 29,990 | 10 | |
30,000 - 49,950 | 50 | |
50,000 - 99,900 | 100 | |
100,000 and above | 1,000 |
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’?
- How many force keys can I use?
- 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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