United States

The United States is the largest and most technologically powerful economy in the world. In 2008, United States is Singapore’s 3^rd largest trading partner behind China and Malaysia in terms of total trade value. Singapore is the 15th largest trading partner of the United States in 2008.

Why United States?

Largest and most technologically powerful economy in the world.
Singapore’s 3^rd largest trading partner in 2008

Basic Information

Trading Hours¹	Monday - Friday
Non Daylight saving	10.30pm - 5.00am (Singapore Time)
Daylight saving²	09.30pm - 4.00am (Singapore Time)
Time Difference	GMT - 5 / GMT - 4 (Daylight savings)
Currency	United States Dollar (USD)
Trading Lots	1 share
Main Index	Dow Jones Industrial Average Index (DOW) NYSE Composite Index (NYSE) National Association of Securities Dealers Automated Quotation System (NASDAQ Composite) Standard & Poor 500 (S&P)
Settlement Period	T + 3 market days
Price Quotes*	Delayed: NYSE – 20 minutes AMEX – 20 minutes NASDAQ – 15 minutes
Use of CPF	No

Note:

¹ iOCBC does not participate in extended hours trading (Pre-Opening and Pre-Closing) for US Markets. Please note that OCBC Securities ONLY participate in the normal trading hours.

² To adjust for Daylight Saving Time, the US market hours will move 1 hour forward from the second Sunday of March to the first Sunday of November. During this period, the trading hours in local time (Singapore) is from 9.30pm - 4.00am.

* Price quotes on iOCBC are delayed basis. To access the latest price quote, kindly click on the stock name to launch the order ticket.

Client can contact the Night Desk at 1800 338 8688 / 65 63388688 during trading hours should they encounter any problem at night.

The Electronic Trading Service is provided on an “as is”, “as available” basis only and subject to the Standard Trading Terms and Conditions.

Minimum Bid Size for trading on United States Market

Share Price (US$)	Minimum Bid Size (US$)
< $1.00	$0.001
> $1.00	$0.01

Commission Rate and Charges for trading on United States Market

(A) Commissions Rate

Transacted Value	Online
Minimum Commission	USD25.00
Commission	0.35%

Note:

For dealer-assisted rate, please contact your Trading Representative.
Commission is subjected to prevailing Singapore GST (if applicable).

(B) Foreign Fees Payable

SEC Fees – (For SELL Only)

0.00224%*

Note:

All the above commission & fees are subject to prevailing Singapore GST (if applicable)

Do note that the exchange fees are subject to change by respective Exchanges from time to time without prior notice.

* Please take note that effective on settlement date 1 April 2012, the SEC fee is adjusted from 0.0018% to 0.00224% for sell trades.

(C) Custodian Fees for Foreign Securities held with OCBC Securities.

The custodian fees for foreign securities are S$2.00 per counter per month. Click here for more details.

Note:

The custodian fees are subject to prevailing Singapore GST (if applicable)

2012 Securities Trading Holidays

Month	Date	Day	Remarks
January	2-Jan-12*	Monday	New Year's Day
January	16-Jan-12	Monday	Martin Luther King, Jr. Day
February	20-Feb-12	Friday	Washington's Birthday
April	6-Apr-12	Friday	Good Friday
May	28-May-12	Monday	Memorial Day
July	3-Jul-12**	Tuesday	Day before Independence Day
July	4-Jul-12	Wednesday	Independence Day
September	3-Sep-12	Monday	Labor Day
November	22-Nov-12	Thursday	Thanksgiving Day
November	23-Nov-12**	Friday	Day after Thanksgiving Day
December	24-Dec-12	Monday	Christmas Day Eve
December	25-Dec-12	Tuesday	Christmas Day

Note:

* Dates may subject to change.

** Exchange Market will close early at 1.00PM (U.S Time).

- Please refer to the following website for the US Public Holidays.

- All dates given here are correct at the time of posting. Some Holidays may differ slightly and are subject to the local official announcement.

Additional Remark

Have you signed the W-8Ben Form?

If you have not completed theW-8Ben Form*, hurry and submit it to us today! Grab the best trading opportunity in US Markets via iOCBC! Click here for more information on W-8Ben Form.

*Trading in US Markets via iOCBC is only available to non-US citizen / non-US resident.

The W-8Ben Form must be signed and submitted to OCBC Securities Pte Ltd before commencement of trading

Acceptance of Online Terms & Conditions for AMEX, NYSE, NASDAQ

You will need to accept and submit the Terms & Conditions in order to view the prices.

New US Markets Trading Rules 612 and 614 (wef 11 April 2011)

Effective from 11 April 2011, the following rules shall apply:

(i) Rule 612 – Check on order size relative to Average Daily Volume

(ii) Rule 614 – Comparison of order price based on 5% away from the prevailing Best Bid/Offer price. Please click here for more information.

Want to know more?

Please refer to the following for more details:

a) Frequently Ask Questions : Direct Market Access to AMEX, NYSE, NASDAQ

b) iOCBC User Guide : AMEX, NYSE, NASDAQ

Rem	Description	Rem	Description	Rem	Description
--	Normal Market	CE	Cum Entitlement	XRC	Ex Rights And Capitalisation
XD	Ex Dividend	XE	Ex Entitlement	XAZ	Ex Deficiency Payment
PXD	Prior Ex Dividend	CB	Cum Bonus	CXE	Cum And Ex Entitlement
CD	Cum Dividend	XB	Ex Bonus	EEB	Ex Dividend, Ex Bonus
CC	Cum Capitalisation	XCD	Ex Cash Dividend	EBE	Ex Dividend, Ex Underwriting
CR	Cum Rights	XDC	Ex Dividend And Capitalisation	EEE	Ex Dividend, Ex Bonus, Ex Underwriting
XV	Ex Various	XDR	Ex Dividend And Rights	BGB	Reverse Split
CTO	Cum Takeover Offer	XDI	Ex Dividend, Ex Capitalisation & Ex Rights	EGB	Ex Div, Reverse Split
XTO	Ex Takeover Offer	XZ	Ex Drawing Rights	EGE	Ex Div, Reverse Split, Ex Underwriting
CCV	Cum Right Of Conversion	XO	Ex Other	EHB	Ex Div, Bonus After Reverse Split
XCV	Ex Right Of Conversion	XP	Ex Part Repayment	EHE	Ex Div, Bonus After Reverse Split, Ex Underwriting
CPR	Cum Premium Return	XS	Ex Settlement	BEE	Ex Bonus, Ex Underwriting
XPR	Ex Premium Return	XSD	Ex Stock Dividend	S	Stabilisation Indicator Set
NXI	New Ex Interest	XSS	Ex Stock Split	XSR	Ex Subscription Right
XI	Ex Interest	CSS	Cum Stock Split	XAR	Ex Adjustment Right
CI	Cum Interest	CCR	Cum Capital Return	XAJ	Ex Adjustment
CL	Call Due	XCR	Ex Capital Return	CSR	Cum Subscription Right
CP	Call Paid	CA	Cum All	H	NOTE
CW	Cum Warrants	CLD	Cum Liquidation Distribution	CQ	Closing Quotation/Price
XW	Ex Warrants	XLD	Ex Liquidation Distribution	R	Regular supplied by Consolidated Quotation System (CQS)

DISCLAIMER

Trading in securities can be very risky, and the customer may lose all or more than the amount invested or deposited. This is particularly so when the customer needs to i) make his or her own trading decisions and ii) ensure each trade is specifically suitable for him or her – the only basis for any trading through or with OCBC Securities Private Limited (“OSPL”). 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 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.