Market Information - Singapore

Information for trading on the Singapore Exchange

Trading hours

Pre-Open    : 8.30am 8.58-8.59*am

Non-Cancel  : 8.58-8.59*am 9.00am

Open          : 9.00am 5.00pm

Pre-Close    : 5.00pm 5.04-5.05pm**

Non-Cancel  : 5.04-5.05pm** 5.06pm

Close          : 5.06pm

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

Continuous all-day trading – there will be no market break from 12.30pm – 2pm

* Random pre-open and pre-close applies, visit SGX Website for more details.
^ SGX to introduce reduced board lot size from 19 January 2015 onwards

Singapore time

View a list of CPF Investment Scheme counters

Currency

SGD

Price quotes

Live

Use CPF

Yes

Trading Lot

100^

Settlement period

T+3 market days

Order Placement

Via iOCBC or your designated Trading Representative

Need help?

1800 338 8688

or contact us online


Commission rate and charges

Indicative Equilibrium Price (IEP)

The indicative equilibrium price (“IEP”) is the price at which orders would be executed if auction matching were to occur at that point. SGX publishes the IEP on a real-time basis and masks all better bid and ask prices as well as quantities. The publication of the IEP is intended to provide more market transparency. The IEP acts as an indication of the eventual opening or closing price, which helps market participants assess the market and adjust their orders accordingly. The masking of all better bid/ask prices and quantities is included as a safeguard against manipulation of the eventual equilibrium price. 
 

Refer to SGX website for more details.



Source : SGX

Trading in SGX Unit Share Market

The Unit Share Market, also known as the Odd Lot Market, allows clients to trade in quantities less than the standard Board Lot. The minimum trade quantity is 1 share.

To trade on the SGX Unit Share Market, you will need to go to the “Market Information” page, and select “SGX Unit Market”.

For example, if you wish to trade 180 units of Company ABC shares, you will have to enter the orders as follows:

Step 1: Enter 100 units in the Board Lot market with designated board lot of 100 units
Step 2: Enter 80 units in the SGX Unit Share Market
(The orders will be subject to the trading conditions in the respective markets)

Note :
In Unit Share market, the minimum fulfillment can be only 1 share and the usual online commission of S$25 or 0.275% of trade value (whichever is higher), shall apply. As such, you must bear in mind this possible situation when queuing in the Unit Share market. To avoid such situation, you may wish to buy or sell directly based on the best available price.

To check for the board lot size
You may view the board lot size of each stock in the iOCBC order ticket as below. You may enter any quantity that is lesser than the designated board lot size. For example, with a board lot size 10 units, you can enter 9 or less units under SGX Unit Share Market.

Minimum bid size

Minimum bid size for all securities traded on SGX-ST market with the exception of ETFs, debentures, loan stocks and bonds

For example, if ABC shares were last traded at S$3.260, the price allowed to enter will be calculated to be +/- 20 bids from S$3.260. In this case, the bids range will be $3.060 and S$3.460.

Minimum bid size for securities traded on the SGX in SGD

Price range (SGD/USD) Minimum bid size (SGD/USD) Bids range
Below 0.20 0.001 +/- 20 bids from last done price
0.20 – 0.995 0.005
1.00 – 1.99 0.005
2.00 – 9.99 0.01
10 and above 0.01

 

Minimum bid size for securities traded on the SGX in HKD

Price range (HKD) Minimum bid size (HKD) Bids range
Below $0.25 0.001 +/- 10 bids from last done price
$0.250 to $0.495 0.005
$0.500 to $9.990 0.01
$10.00 to $19.98 0.02
$20.00 to $99.95 0.05
$100.00 to $199.90 0.1
$200.00 to $499.80 0.2
$500.00 & above 0.5

 

Minimum bid size for securities traded on the SGX in JPY

Price range (JPY) Minimum bid size (JPY) Bids range
Below $2,000 1 +/- 10 bids from last done price
$2,000 to $2,995 5
$3,000 to $29,990 10
$30,000 to $49,950 50
$50,000 to $99,900 100
$100,000 & above 1,000

 

Minimum bid size for ETFs, debentures, loan stocks and bonds

Product Price range Minimum bid size Bids range
ETF and debentures All 0.01 or 0.001 as determined by SGX-ST +/- 30 bids from last done price
Bonds and loan stocks All 0.001

For example, if ABC shares were last traded at S$3.260, the price allowed to enter will be calculated to be +/- 20 bids from S$3.260. In this case, the bids range will be $3.060 and S$3.460.

- 20 bids (buy) Last done price + 20 bids (sell)
S$3.250 S$3.260 S$3.270
S$3.240 S$3.280
S$3.230 S$3.290
S$3.220 S$3.300
S$3.210 S$3.310
S$3.200 S$3.320
S$3.190 S$3.330
S$3.180 S$3.340
S$3.170 S$3.350
S$3.160 S$3.360
S$3.150 S$3.370
S$3.140 S$3.380

 

Notes:

  • Buy bids are limited up to the specified bids below the last done price
  • Sell bids are limited up to specified bids above the last done price
  • Price entered that is more than the specified bids from the last done price will be rejected unless you select the ‘force order’ option
  • Force key is granted to client at the sole discretion by the Company and trading representative
  • You will bear the risk of keying in undesirable price by mistake
  • For more details on minimum bid size, click here 

2015 trading holidays

Month Date Day Remarks
January 1 January Thursday New Year's Day
February 19 February
20 February
Thursday
Friday
Chinese New Year 
April 3 April Friday Good Friday
May 1 May Friday Labour Day

June

1 June Monday Vesak Day
July 17 July Friday Hari Raya Puasa
 August  10 August Monday  The Day after National Day
September 24 September Thursday Hari Raya Haji
November 10 November Tuesday Deepavali**
December
25 December 14

Friday
Christmas Day


** Subject to change. Tentatively, Deepavali will fall on 10 November 2015. As with previous years, the Deepavali date on 10 November 2015 may be subject to change and will be reconfirmed when the Hindu Almanac is available in the first half of 2015. Should there be a change in the date, the Ministry of Manpower will issue a media release to announce the change accordingly.

Trading abbreviations

The following trading abbreviations will appear in the “Remarks” column on iOCBC trading platform.To find out more information on the corporate action or trading status on the listed companies, kindly refer to the official websites of the respective Exchanges.

 

Abbreviation

Corporate Action Description

C1

Cum Dividend 2

C2

Cum Rights 2

C3

Cum Bonus 2

C4

Cum Offer 2

C5

Cum Interest 2

C6

Cum Entitlement 2

CA

Cum All

CB

Cum Bonus

CD

Cum Dividend

CE

Cum Entitlement

CI

Cum Interest

CO

Cum Offer

CR

Cum Rights

CT

Conditional Trading

CW

Conditional When Issued

WI

WI - When Issued

XA

XA - Ex All

XB

XB - Ex Bonus

XD

XD - Ex Dividend

XE

XE - Ex Entitlement

XI

XI - Ex Interest

XO

XO - Ex Offer

XR

Ex Rights

 

Abbreviation

Trading Status

SUS

Security suspended from trading

SDL

Delisted trades

TH

Trading Halt

HRS

Halt due to Circuit Breaker Triggered

CBR

Circuit Breaker

PL

Pending listing

BI

Buying in only

J

Adjustment

MCE

Mandatory Call Event

PO1

Pre-Open1

PO2

Pre-Open2

N-C

Non-Cancel

 





Important Notes

Trading in securities, Leveraged FX, and Futures can be very risky, and you may lose all or more than the amount invested or deposited. You should therefore consider carefully and exercise caution in making any trading decision whether or not you have received advice from any financial adviser. The information provided herein is intended for general circulation/discussion purposes only and may not be published or circulated (in whole/in part) without our written consent. It does not take into account the specific investment objectives, financial situation or particular needs (collectively "Objectives") of any particular person. Please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your Objectives before making a commitment to trade or purchase the investment product. If you choose not to seek independent financial advice, please consider whether the trade or product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for any investment products or to participate in any particular trading or investment strategy. Any proposed transaction is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Securities Private Limited ("OSPL") and it should not be relied upon as such. OSPL does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OSPL shall not be responsible or liable for any loss or damage whatsoever arising directly/indirectly howsoever in connection with or as a result of any person acting on any information provided herein.