Singapore

Sound Economy – Singapore’s high savings rate, large current account surplus, flexible markets, sizeable foreign currency reserves and sound economic policies have received wide-ranging approval from international investors.

Extensive Infrastructure – Singapore’s pro-business environment and infrastructure makes it a strategic location for corporations with global operations. Singapore was ranked the most cost competitive place for business amongst nine industralised countries according to KPMG Competitive Alternatives Study, 2006 and third in world overall competitiveness according to IMD World Competitiveness Yearbook 2006.

Pioneer Online – Phillip’s On-line Electronic Mart System (POEMS), developed by Phillip Securities, is Singapore’s first electronic on-line trading system to harness the latest technology to complement existing trading capabilities for investors.

Since its introduction in 1996, POEMS has become the leading and preferred trading system in Singapore with thousands of satisfied clients. With the launch of online trading, investors can now trade directly to the Singapore Exchange (SGX) at the click of a mouse.

Trading Hours

Start Time End Time
Pre-Open 8.30 am 8.58 – 8.59* am
Non-Cancel 8.58 – 08.59* am 9.00 am
Open 9.00 am 5.00 pm
Pre-Close 5.00 pm 5.04 – 5.05 pm**
Non-Cancel 5.04 – 5.05 pm** 5.06 pm
Close 5.06 pm

* Pre-Open Phase ends randomly at any time from 8.58 – 8.59 am and Non-Cancel Phase will begin immediately after Pre-Open Phase ends.
** Pre-Close Phase ends randomly at any time from 5.04 – 5.05 pm and Non-Cancel Phase will begin immediately after Pre-Close Phase ends.

For Foreign Markets, please click here.

Note:

Bid Size

Share Price (S$) Minimum Per Bid Size

Below $0.20

$0.001

$0.20 to $1.995

$0.005

$2.00 and above

$0.01

Fees & Charges
SGX Market

POEMS Online / Mobile Broker – assisted
Contract Value Phillip Investment Account – Prepaid (CC) Other Accounts All Accounts
up to SGD50,000 0.18%* 0.28% 0.50%
>SGD50,000-SGD100,000 0.18%* 0.22% 0.40%
>SGD100,000 0.18%* 0.18% 0.25%
Minimum S$25^* S$25^ S$40^

^Note: the minimum brokerage amount for counter not traded in SGD will be converted from S$ and at the prevailing exchange rate

Plus Clearing Fees of 0.0325%#  & SGX Trading Fee## of 0.0075% on the contract value and GST on brokerage, Clearing Fees & SGX Access Fee. 
(Brokerage is calculated on a flat rate)

#except for Structured Warrants which will be at 0.004% of contract value
##Trading fees for structured warrants is 0.001% of contract value from 2 March 2015

*Promotional rates of 0.12% and minimum S$10 will apply with effect from 2 January 2017. For more information, please click here.

For International Markets, please click here.

2017 Non-Trading Days

Month Day Date Holidays Settlement Trading Day
January Sunday 1 January New Year’s Day No No
Saturday 28 January# Chinese New Year No No
Sunday 29 January* Chinese New Year No No
April Friday 14 April Good Friday No No
May Monday 1 May Labour Day No No
Wednesday 10 May Vesak Day No No
June Sunday 25 June* Hari Raya Puasa No No
August Wednesday 9 August National Day No No
September Friday 1 September Hari Raya Haji No No
October Wednesday 18 October Deepavali No No
December Monday 25 December Christmas Day No No

# The preceding Friday, 27 Jan 17, is a half-day trading day.

* The following Monday will be a public holiday.


1. How much are the dividend charges?

Dividend Dividend Charges
Cash Dividend 1% on net dividend subject to min of S$1.07 and capped at S$53.50 (inclusive of GST) + Foreign broker fees and taxes (if applicable)
Scrip Dividend S$10.70 (inclusive of GST) + Foreign broker fees and taxes (if applicable)

Accounts with multicurrency facility will receive the cash dividend in declared currency unless otherwise determined by the issuer/PSPL.


 

2. How much are the corporate action charges?

Types of services Cash Offer, Rights Issue, Privatisation Exercise, Merger & Exchange, Cash In Lieu, Liquidation, Redemption of Warrant, Loan Stock or Bonds, Capital Distribution, Tender Sales, Warrant Conversion
Fees and charges S$10.70 (inclusive of GST) + Foreign broker fees and taxes (if applicable)


Risk Disclosure

Transactions on markets in other jurisdictions may expose you to additional risks. Such markets  may be subjected to rules that may offer different or diminished investor protection. Before entering into such trades, you should be aware of the rules relevant to the particular transactions. The potential for profit or loss from transactions on foreign markets or in foreign currency- denominated securities will be affected by fluctuations in foreign exchange rates.