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Important Notice

Dear Valued Clients

 

With the implementation of the new trading engine, Quest-ST by SGX on 7 July 2008, kindly take note of the following changes which is due to the changes at SGX :

 

 

1) Order numbers generated in the iOCBC system will no longer be in sequential order:

 

Example:

 

‘N‘100001 to ‘N‘100009,

‘N‘10000A to ‘N‘10000Z,

‘N‘100010 to ‘N‘100019,

‘N‘10001A to ‘N‘10001Z,

‘N‘100020 to ‘N‘100029,

‘N‘A00001 to ‘N‘AZZZZZ,

‘N‘V00001 to ‘N‘VZZZZZ

 

2) The following conditions will not be checked by QUEST-ST trading engine.

 

a) Price (Buyer) is greater than SELLER price

b) Price (Seller) is lesser than BUYER price

 

If you have entered a higher buy price than the Seller price, your order will be matched accordingly at the seller's price, vice versa.

We advise you to take note of this and carefully check your online order submission in light of these changes.

 

3) New rejection message if you have entered price exceeding 10 bids from the "Last Done" price

 

Previously in this scenario, you will see rejection message:

"Price exceeds 10 bids from LAST DONE"

 

With immediate effect, if you have entered price exceeding 10 bids from the "Last Done" price, the new rejection message will be:

 "Invalid price format.  Price not within the specific range"

 

4) List of CPF Investment Stock listed in SGX

Kindly ensure that the stock that you intend to purchase under the CPF Investment Scheme is approved by SGX.

Click here to view the list of approved stock under CPF Investment Scheme.

 

 

Last Updated on: 9 July 2008

 

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