Warrants

United Kingdom (LSE)

Trading Details

Order Placement  Via

1) POEMS 2.0

2) Your designated Trading Representative or

3) Night dealer (during UK Trading Hours)

 

Trading lot 1 share
Price Quote Via POEMS (delayed by 15 mins)
Exchange LSE
Order Type1 Limit Order
Minimum bid size > 5.00 – 10.00 0.001
> 10.00 – 50.00 0.005
> 50.00 – 100.00 0.01
> 100.00 – 500.00 0.05
> 500.00 – 1,000.00 0.10
> 1,000.00 – 5,000.00 0.50
> 5,000.00 – 10,000.00 1.00
> 10,000.00 5.00

Note: GBP stands for pound; GBX stands for pence.

Buy / (Sell) orders higher/ (lower) than 2% of prevailing market price will be rejected. Please contact Night Desk for further assistance.

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

Stamp Duty Charge (Buy trades)
UK stock on LSE: 0.5% stamp duty
European stock on LSE: 1% stamp duty
Panel and Takeover Merger (“PMT”) GBP 1 for any trade >= GBP10,000

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice. Please click here for custodian charges.

Phillip Securities does not participate in extended hours trading (Pre-Opening and Pre-Closing)

Singapore Time (Mon – Fri) 04:00pm – 12:30am
03:00pm – 11:30pm
(during Daylight Saving Time3)
UK Time (Mon – Fri) 08.00am – 04.30pm

Orders will not be done during Pre-Opening and Pre-Closing as Phillip Securities does not provide extended trading hours.

Orders for the next trading day will be accepted 15 minutes after current trading market closes.

 

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

Settlement Date3 T+2 market days
Settlement Currency SGD or USD or GBP
Order Amalgamation No
Contra Trading Yes
CPF settlement No

Note: For payment methods, please click here.

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

2023

Month Day Date Holidays Settlement Trading Day
January Monday 02 January New Year’s Day Obs No No
April Friday 07 April Good Friday No No
Monday 10 April Easter Monday No No
May Monday 01 May Early May Bank Holiday No No
Monday 08 May Bank Holiday No No
Monday 29 May Late May Bank Holiday No No
August Monday 28 August Summer Bank Holiday No No
December Friday 22 December Christmas Eve Obs-halfday Yes Partial
Monday 25 December Christmas Day No No
Tuesday 26 December Boxing Day No No
Friday 29 December New Year’s Eve (obs) Yes Partial

Note: Information is correct at the time of posting

  UK
Courier Fee (<20 certificates) S$46.00
Courier Fee (>20 certificates) S$2.30 per certificate
Phillip Securities Pte Ltd Handling Fees S$10.70 (inclusive of GST)
Foreign Broker Fees USD100 (to be converted to S$)

Rates may change from time to time at the discretion of Phillip Securities Pte Ltd.

There are other miscellaneous fees for physical scrips deposition. For more details, please send in your enquiry to talktoglobalmarkets@phillip.com.sg

You can pay by any of the following payment methods:

  • Cheque, payable to “PHILLIP SECURITIES PTE LTD“
  • EPS (notify your assigned Trading Representative)
  • Debit from clients’ trading accounts if there are sufficient funds in their Phillip Financial, Cash Management or Investment account (clients must indicate their instructions in the “Remarks” column).

Note: We will not initiate share transfer before receiving payment from clients.

Brokerage