iOCBC - OCBC Group

Young Investor Pack (YIP)

The Young Investor Pack (YIP) is an initiative by OCBC Securities which includes a bundle of OSPL products and services specifically designed with the novice investor in mind.

Apply Now

Benefits of OCBC Securities Young Investor Pack

When you become an OCBC Securities Young Investor, you'll benefit from a range of offers, events and services specially selected for the novice investor.

Features	Benefits
Access to iOCBC Online Securities Trading Account	Allows you 24/7 access to timely and comprehensive market information.
Complimentary Young Investor Pocketbook	A book written by and for young investors; a beginner’s guide to investing in shares.
A complimentary copy of a book on investments^*	Another material for more in-depth knowledge
Up to S$50^# commission rebate	Applicable for your first trade within the first 6 months.
Invitations to Young Investor Events, Seminars and Promotions	Exclusive activities are organised for YIP members to equip them with investment knowledge
Monthly e-Snippets	A monthly updates on new promotions and research materials to keep you well-connected to the market

Terms and Conditions

* Free investment book redemption^# $50 commission rebate

Investors Education

OCBC Securities will also organise seminars on various topics from time-to-time where our investors will be invited to attend.

Past Events

Career as a Dealer

With the volatile markets, have you ever wondered what happens in the dealing room? What exactly does a dealer do? What does it take to be, and what are the career prospects of, a dealer?

Career prospects in the Equity Trading Industry

A rare opportunity to meet and interact with OCBC Securities Senior Executives

In addition, there are courses and seminars organised by SGX and open to public. They include courses such as

An Overview for Investing in the Stock Market
Strategies for Investing in the Stock Market
A Beginner’s Guide to Securities Investment

You can visit www.sgxacademy.com to find out more.

Other organisations and programs offering investment seminars and courses include Securities Investors Association (Singapore) and MoneySENSE (a national financial education program under MAS).

Risk

Novice Investors should fully understand and be aware that it is their responsibility to make their own independent appraisal and investigation into the risks associated with the desired transaction or product. Novice Investors should therefore, consult their own legal, tax, financial and other relevant professional advisers prior to entering into any transaction. Should the Novice Investors choose not to do so, they should consider carefully whether the trading of securities and/or a particular investment product is suitable to them, taking into consideration their own investment objectives, financial situation and particular needs.

Trading in securities can be extremely risky. Novice Investors should be prepared to lose part or all of the funds used for trading in securities. The funds used for securities trading activities should not come from emergency funds or funds set aside for such purposes as education or home ownership.

Who is eligible?

The Young Investor Pack (YIP) has been designed specifically for fledgling investors who are:

New OCBC Securities customers who are studying at local tertiary institutions and polytechnics and
Between 18 and 20 years old (Young Investors) and 21 and 29 years old

Additional Requirements for Young Investors (clients between 18 – 20 years old)

To align the age of contractual capacity under the Civil Law Act, the minimum age requirement for securities account holders has been lowered from 21 years old to 18 years old.

Clients between 18 and 20 years old are categorized as Young Investors.

Young Investors are required to complete and sign the following:

Suitability Assessment Questionnaire – You would be assessed on the suitability of opening a securities trading account.
Risk disclosure Statement – Explanation will be provided to you on the risks and uncertainties associated with investing or trading in securities. You have to acknowledge on the form that the explanation was carried out.

Unless specifically authorised by OCBC Securities, Young Investors (18 to 20 years old) are only allowed to trade online in securities listed on the Singapore Exchange (SGX) like shares, bonds and ETFs but not in complex instruments / products or open any leveraging accounts.

The following are examples of complex instruments / products that Young Investors cannot trade or open an account in:

Futures / FX trading
Warrants
Structured Transactions such as covered warrants, ELIs and ELNs.
Leveraging accounts like SBL, Margin or Extended Settlement Contact (ES) accounts.

A minimum $5000 cash deposit is required before Young Investors can commence trading. This deposit will be placed in a trust account, and it cannot be utilized for payment of shares, contra losses, fees or other charges.

What are the key differences between 18 – 20 years old and 21 – 29 years old?

Find out more on Young Investor Pack!

For enquiries to Young Investor Pack, email us at younginvestor@ocbcsec.com

Disclaimer

OCBC Securities Private Limited ("OSPL") operates as an "execution-only" broker. Accordingly, OSPL does not provide advice/recommendation on whether the trading of securities and/or a particular investment product is suitable for its clients. 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 a financial adviser regarding the suitability of any investment product taking into account your Objectives before making a commitment to purchase the investment product. If you choose not to seek independent financial advice, please consider whether the product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for investment products or to participate in any particular trading or investment strategy. The proposed transaction (if any) is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever in respect of any information provided herein is given by OCBC Securities. OCBC Securities shall not be liable for any loss or damage whatsoever arising directly/indirectly as a result of any person acting on any information provided herein.