Free SGX Enhanced Market Depth Access to help you better capitalise on opportunities in the Singapore market!
From 1 Dec 2023 to 30 Nov 2024
What is the SGX Market Depth?
The SGX Market Depth, also known as Level 2 Market Data, provides a comprehensive view of Buy and Sell orders for a specific listed security, such as Stocks or ETFs. It showcases up to 20 levels of pending orders on both the Buy and Sell sides, offering insights into the various price levels where buyers aim to purchase and sellers aim to sell at any given moment.
The SGX Market Depth operates in real time and the displayed orders undergo continuous changes from the pre-open session till market closes. The SGX Market Depth information is utilised by traders to enhance their trading decisions by checking stock liquidity, optimising buy / sell orders, and establishing key price support and/ resistance levels.
SGX Enhanced Market Depth on the POEMS Suite of Trading Platforms
Phillip Securities is the first broker to offer SGX Enhanced Market Depth.
With 2 additional columns (Ords) added to SGX Market Depth on the POEMS suite of trading platforms, you can now determine, from your order book, whether the market action is being driven by retail investors or institutions. The figure in the respective ‘Ords’ column denote the number of Buy or Sell orders that totalled the volume at each price level.
For a limited time only, you will get to enjoy FREE SGX Enhanced Market Depth Access (worth up to $240) on the POEMS suite of trading platforms (POEMS 2.0, POEMS Mobile 3 and POEMS Pro).
Keen to further understand how Market Depth can help you gain an edge in trading? Click on the video below to learn how you can use it to your advantage.
Your Guide to Understanding Market Depth
Want to learn more? Check out this guide to use Market Depth Data
Experience SGX Enhanced Market Depth on the go with POEMS Mobile 3 App!
Use the SGX Enhanced Market Depth at your fingertips anytime and anywhere with our newly launched POEMS Mobile 3 App!
Gain an edge and expand your Singapore trading portfolio at your convenience!
Available to download on Google Play and App Store!
Open a Cash Plus Account to enjoy commission fees as low as 0.06%, with no minimum fee when you trade equities. Jumpstart your investing journey with POEMS now! T&Cs Apply.
You can opt-in for the free SGX Enhanced Market Depth in 4 simple steps below:
- Login to POEMS 2.0 > Head over to Market Data & Rewards > New Subscriptions tab
- Tick the FREE SGX Enhanced Market Depth checkbox
- Click the Submit Button
- Review your request and click Confirm
Terms & Conditions for “FREE SGX Enhanced Market Depth Access” Promotion:
- “Promotional Period” is from 1 December 2023 to 30 November 2024 (both dates inclusive).
- Eligible Customers will get FREE SGX Enhanced Market Depth Access on the POEMS suite of trading platforms (POEMS 2.0, POEMS Mobile 3 App and POEMS Pro) during the Promotional Period. “Eligible Customers” are defined as follows:
- any Customer of Phillip Securities Pte Ltd (PSPL) with a POEMS trading account and is not subscribed to SGX Enhanced Market Depth
- Upon opt-in, Customer will receive SGX Enhanced Market Depth subscription to 30 November 2024.
- any new Customer who opens an account with PSPL within the Promotional Period
- Upon account opening, Customer will receive SGX Enhanced Market Depth subscription to 30 November 2024.
- any Customer of Phillip Securities Pte Ltd (PSPL) with a POEMS trading account and has an existing SGX Enhanced Market Depth subscription as of 30 Nov 2023. Their subscription will be automatically extended for another 12 months.
- For example, Customer A has an existing SGX Market Depth subscription from 15 October 2023 to 14 April 2024. During this promotional period, Customer A’s SGX Market Depth subscription will be automatically extended for another 12 months from 15 April 2024 to 14 April 2025.
- any Customer of Phillip Securities Pte Ltd (PSPL) with a POEMS trading account and is not subscribed to SGX Enhanced Market Depth
- Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms and Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL decision on all matters relating to the promotion shall be final and binding on all participants.
- By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms and Conditions.