Home  |  Contact Us  |  Visit Us  |  About Us  |  OCBC Bank  |  Sitemap
Australia
Australia's equity market - operated by the Australian Securities Exchange (ASX) - is the eighth largest in the world and the second largest in the Asian region behind Japan. In the Morgan Stanley Capital Index (MSCI), Australia has a global index ranking of 8th overall.
  Basic Information

Trading Hours

Monday – Friday

·  Non-Daylight Savings

 

Normal Trading Hours2:

8.00am to 2.00pm (Singapore’s Time)

10.00am to 4.00pm (Australia’s Time)

 

  • Daylight Savings 1        

 

Normal Trading Hours2:

7.00am to 1.00pm (Singapore’s Time)

9.00am to 3.00pm (Australia’s Time)

 

Time Difference

 

GMT + 10 / GMT +11 (Daylight savings1)

Traded Currency

AUD

Securities available for trading

ASX Equities ( ALL ORDINARIES Component Stocks)

Settlement Currency

Singapore Dollar; Australian Dollar

Trading Lots

1

Type of Order

Limit Order3

Main Index

S&P / ASX 200

S&P / ASX 300

S&P / ASX 20

S&P / ASX 50

S&P / ASX 100

All Ordinaries Index (AORD)

Settlement Period

T + 3 market days

Price Quotes*

Delayed: 15 minutes

Use of CPF

No

 

Note :

1 Start on First Sunday in October, End on First Sunday in April

 

2 iOCBC does not participate in extended hours trading (Pre-Opening and Pre-Closing) Your order status will be updated at 1.15pm (during Daylight Savings) or 2.15pm (during Non-Daylight Savings).

 

3 All orders submitted are Limit Orders. Limit Order is an order to buy (sell) a specified number of shares at a specified price or better than the order price. A Limit Order having a price equal to the best opposite orders will match with opposite orders at the best price queue residing in the system, one by one according to time priority.

 

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

 

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

 

Please refer to www.asx.com.au for more details.

  Minimum Bid Size for trading on Australia Stock Exchange

Share Price (AUD)

Minimum Bid Size (AUD)

Below A$0.10

A$0.001

A$0.10 to $1.995

A$0.005

Above  A$2.00

A$0.01

  Commission and Fees for trading on Australia Stock Exchange

Australia Exchange

Online

Commission Rate

0.75%

Minimum Commission

AUD 70

 

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

 

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

26-Jan-12

Thursday

Australia Day

April

6-Apr-12

Friday

Good Friday

April

9-Apr-12

Monday

Easter Monday; ANZAC Day

April

25-Apr-12

Wednesday

ANZAC Day

June

11-Jun-12

Monday

Queen's Birthday

December

24-Dec-12**

Monday

Christmas Day Eve

December

25-Dec-12

Tuesday

Christmas Day (in lieu Sunday 25 December)

December

26-Dec-12

Wednesday

Boxing Day (in lieu Monday 26 December)

December

31-Dec-12**

Monday

New Year Day Eve

 

Note:

* Dates may subject to change


** Market will close early at 2.00pm (Australia Time)


- 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 Remarks

Declaration Form for Australian Residency Status for Tax Purposes

 

Please be informed that all assessment income earned in Australia is subject to taxation. This includes income from corporate actions such as dividends. The amount of tax to be withheld depends on whether the recipient is a resident/non resident of Australia or in the case of non-resident, if the country has a treaty with Australia. In this aspect, customer is required to make a one-time declaration on their Australian Residency Status and hence the tax rates applicable to him.

 

Clients who wish to trade in Australia Exchange is required to sign and submit the original Declaration Form  to OCBC Securities Pte Ltd before commencement of trading. 

 

For more details on the rules and guidelines on Australian Residency for Tax Purposes, you may visit the Australian Taxation Office website at http://www.ato.gov.au.

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.

Back to Top

You may be interested in:
Account Opening
iOCBC Internet Trading
Listed Products
Share Financing
ShareInvest
Young Investor Pack

Contact Us

Speak to your trading representative or reach us at: