19 May 2022
Scheduled maintenance for iOCBC on Saturday, 21 May 2022The iOCBC internet trading portal and TradeMobile app will be unavailable during the period shown below due to scheduled system maintenance.
Saturday, 21 May 2022, 07:00am – Saturday, 21 May 2022, 11:59pm
We apologise for any inconvenience caused.
19 May 2022
List of corporate actions for stocks listed in foreign exchanges
30 Mar 2022
Update of iOCBC Login URL with effect from 2 April 2022We will be changing our Login Page URL to https://www2.iocbc.com/V2/cl_login.jsp with effect from 2 April 2022.
If you have saved the existing URL in your bookmarks, please update to the new URL.
You can also simply log in from our official website by clicking on “Login”.
Do note that this change does not affect your Mobile application.
For any clarifications, please call us at 1800 338 8688 or (65) 6338 8688.
29 Jan 2022
Latest TradeMobile App VersionPlease update your TradeMobile App to the latest version now. The previous App version will be discontinued.
Latest App version
iOS (iPhone / iPad)
Users of iOCBC TradeMobile app with old versions will no longer be able to access iOCBC TradeMobile after such versions of the app have been disabled.
19 Jan 2022
Operating Hours on Eve of Chinese New Year, 31 January 2022OCBC Securities Investors Hub and Customer Service hotline operating hours will be from 8:30am to 12.30pm on eve of Chinese New Year, 31 January 2022.
We will be closed from 1 to 2 February 2022 (Tuesday & Wednesday) for the Chinese New Year public holidays.
You may wish to refer to the Frequently Asked Questions under the Support section in the official OCBC Securities website if you have any queries or you can email us at CS@ocbcsec.com.
We wish you a Happy Lunar New Year.
BE WARY of SMSes claiming issues with your accounts or social media postings offering free gifts purportedly from the bank.
DO NOT click on any links in these SMSes which are phishing links that lead you to fake OCBC websites.
Never divulge your banking credentials or one-time passwords to anyone, or key such confidential information into unverified webpages. Find out more on how you can spot a scam with our Security Advisory.
If in doubt, call the OCBC Securities' official hotline at 1800 338 8688 (or +65 6338 8688 if you are overseas).
04 Jan 2022
Bursa Malaysia Stamp Duty and Sales and Service Tax (SST) Changes, commencing 1 January 2022Effective 01 Jan 2022, the Bursa Exchange is implementing changes to the Stamp Duty and Sales and Service Tax (SST) to the following list below:
1. Category 1 (Stocks and Shares listed in Bursa Malaysia)
0.15%, min RM1.50, with increment of RM1.50 and capped at RM1,000
• Mother shares
• Preference shares
• Loan stocks
2. Category 2 (Other Marketable Securities listed in Bursa Malaysia)
0.1%, min RM1.00, with increment of RM1.00 and capped at RM200
Other listed market securities:
• Structured warrants
• OR, LR
• Closed-End Funds
• Stapled Securities (REITS)
3. Category 3(SST Exempted)
• ETFs listed in Bursa are exempted from SST.
4. Bursa SST
• Purchase and sale of shares are now exempted from Bursa Sales and Service Tax (SST)
For more information, please refer to the Bursa website.
03 Jan 2022
Market enhancements effective 17 January 2022On 17 January 2022, the board lot size of all SGX-listed ETFs will be reduced to 1 unit, supported in part by the significant growth in dollar cost averaging. At the same time, you will expect greater price flexibility in the placing of limit buy and sell orders. The standard +/- 30 tick range above/below the last reference price for sell/buy limit orders will be revised to +/- 10% above/below the last reference price.
For more information, visit SGX.
21 Dec 2021
HKEX FRC Transaction Levy Commencing 1 January 2022Effective 1 January 2022, the Financial Reporting Council will be implementing a FRC Transaction Levy payable by sellers and purchasers of securities listed on the Hong Kong Exchange. This will apply to transactions executed from 3 January 2022 onwards.
The FRC Transaction Levy is calculated at 0.00015% per side of the consideration of a transaction (rounded to the nearest cent).
Visit HKEX announcement for more details.
20 Dec 2021
Christmas Eve, 24 December 2021 and New Year’s Eve, 31 December 2021 Operating HoursOCBC Securities Investors Hub and Customer Service hotline operation hours will be from 8:30am to 12.30pm on Christmas Eve, 24 December 2021 and New Year’s Eve, 31 December 2021.
You may wish to refer to Frequently Asked Questions in iOCBC portal if you have any queries or you can send email to CS@ocbcsec.com.
We wish you a Merry Christmas and a Happy New Year.
15 Oct 2021
Update to iOCBC’s browser requirementsOn 16 October 2021, we will be updating iOCBC to give you a more secure trading experience.
This update is a critical one — we will disable the weak ciphers on the Transport Layer Security version 1.2 (TLS 1.2) on iOCBC. This will help to avoid any potential cyber-attacks that can occur due to the usage of the weak ciphers.
What you must do by 16 October 2021
To continue accessing iOCBC, here are the actions required if you have the following web browser setup:
Web browser setup
Internet Explorer browser version 11 with Window 8.1 operating system and below
Use a different browser. Google Chrome is recommended
Safari browser version 8 and below
Upgrade to a higher version of the Safari browser
30 Aug 2021
Changes to US OTC Trading RestrictionsThe US Securities and Exchange Commission (“SEC”) has adopted amendments to Exchange Act Rule 15c2-11, and these amendments come into effect on 28 Sep 2021.The new amendments enhances the disclosure and protection in the US OTC market, through restricting the ability of market makers to publish quotes for those companies that do not meet the required disclosure of information to regulators and investors. The OTC securities subject to these restrictions refer to those categorized in the Expert tier by OTC Markets. Details of SEC rule change can be found at https://www.sec.gov/news/press-release/2020-212. You may also refer to the SEC’s Public Statement and Press Release for more information.
Currently, OCBC Securities does not and will not accept any buy orders for US OTC stocks (regardless of the categorization of OTC tier). Effective 28 September 2021 onwards, OCBC Securities will no longer accept any clients’ requests to sell any US OTC stocks that have been moved to the Expert tier. All good-till-date and good-till-cancel buy orders of such Expert tier US stocks will be cancelled on the said effective date.
To view the current list of securities in the Expert tier or those in other classifications, please refer to the OTC Markets website Stock Screener tool and filter by the above-named tiers under the MARKETS filter. This tool will allow you to see the current tier of each security. Please note that additional securities from other OTC tiers, such as Pink Limited Information and Pink No Information, are being evaluated by OTC Markets and may be moved into the Expert tier, thus becoming restricted from time to time.
Please reach out to your Trading Representative or call 1800 338 8688 if you have further questions.
13 Aug 2021
Alert on "pump and dump" scamsThere are scammers on social media platforms such as WeChat perpetuating “pump and dump” scams involving overseas listed companies. Be wary of stock tips provided by persons you have befriended online.
Visit www.police.gov.sg to find out more.
30 Jul 2021
HKEX Increase of Stamp Duty on Stock TransactionsEffective 1 August 2021, the rate of Stamp Duty payable on contract notes for the sale or purchase of Hong Kong stocks (not being jobbing business) will be increased from 0.1% to 0.13%, as a percentage of transaction value (“stamp duty increase”).
Visit HKEX announcement for more details.
22 Jul 2021
Restrictions on Transactions in Publicly Traded Securities of Chinese Military Industrial Complex CompaniesOn 3 June 2021, the President of the United States issued Executive Order 14032 (herein referred to as “EO 14032”) “Addressing the Threat From Securities Investments that Finance Communist Chinese Military Companies of the People’s Republic of China” which amended the restrictions on transactions in publicly traded securities of Communist Chinese Military Companies, or any securities that are derivative of, or are designed to provide investment exposure to these securities, wherever they are listed, previously imposed by Executive Order 13959.
Under the amended EO, US persons continue to be prohibited from engaging in “the purchase or sale of any publicly-traded securities, or any publicly-traded securities that are derivative of or designed to provide investment exposure to such securities”, of any entity listed in the Annex in the EO or any entity subsequently listed by OFAC (i.e., entities on OFAC’s Non-Specially Designated Nationals (SDN) Chinese Military Industrial Complex Companies List (“NS-CMIC List”)).
The prohibition will take effect from 2 Aug 2021, or 60 days after a new entity is added to the NS-CMIC list. Divestment of the prohibited securities by US persons is permitted before 3 June 2022, or 365 days after the entity is added to the NS-CMIC.
The new EO and the identifying information of entities on the NS-CMIC List may be found on OFAC’s webpage (https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20210603).
OFAC has also published frequently asked questions which can be found at its webpage (https://home.treasury.gov/policy-issues/financial-sanctions/faqs/topic/5671).
This notice is intended to remind you that:
• OCBC Securities Pte Ltd (“OSPL”) will not accept orders from you or otherwise engage in or facilitate any transactions with you that contravene any economic sanctions, including EO 13959. We also expect that any transaction performed by you in connection with, whether directly or indirectly, the impacted securities on the NS-CMIC List via the OSPL, whether by OSPL’s trading platform or your trading representative, will not breach and will not cause OSPL to be in breach of the applicable US sanctions laws or regulation.
• In connection with this, we may request information from you in respect of the transactions you have or attempt to conduct through OSPL and place controls on your account(s) where it is assessed to present a risk of breach of the applicable regulations.
• With effect from 2 Aug 2021, our brokers will only accept Sell Orders for the CMIC listed subject to the applicable restrictions. Buying is prohibited.
• If you have any holdings in securities on the NS-CMIC List, you are to divest the said securities before 3 June 2022 or within 365 days after the entity is added to the NS-CMIC.
1 US persons are defined in Section 3(d) of EO 14032 as “any United States citizen, lawful permanent resident, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.” “Person” means an individual or entity.
21 Jul 2021
We are going cheque-free from 2 August 2021 onwardsAs part of Singapore’s aim to go cheque-free by 2025 and SGX’s ongoing sustainability drive to go paperless and cheque-free, we too will align with this goal progressively. In our first phase, we will go cheque-free for corporate action transactions and cash distributions starting from 2 August 2021.
If you have not previously provided us with instructions to deduct from or credit funds to your bank account via GIRO, please do so by completing this GIRO form and mail it back to us by 15 July 2021 for your GIRO arrangement to be effective by 2 August 2021.
If you do not set up any GIRO arrangements or other Standing Instructions, corporate action transactions and cash distribution payments will be deducted from and credited directly into your OCBC Securities trading account from 2 August 2021 onwards. You can withdraw the funds from your trading account by contacting your Trading Representative.
For more information on this initiative, please read our Frequently Asked Questions. Alternatively, you can reach out to your Trading Representative, or contact us at email@example.com.
Not sure who your Trading Representative is? Follow these three simple steps to find out.
1. Log in to your iOCBC online trading account
2. Click on "Account Mgmt" on the top menu
3. Select "Account Details" to view your TR's contact details
04 Jun 2021
Visits to our Investors Hub will be strictly by appointment only starting 07 June 2021By appointment only
Please make an appointment before visiting us by emailing to firstname.lastname@example.org or calling 1800 338 8688.
You are encouraged to reach out to us via other channels. Here is what you can do for some common service requirements without coming to the Investors Hub:
- To get a new password, retrieve your user ID or if you have been locked out of your account: Email us at email@example.com
- To request for SMS OTP: (we no longer issue hardware tokens) Complete and mail this form to us at 18 Church Street #01-00 OCBC Centre South Singapore 049479
- To make payments Internet banking: Add "OCBC Securities Pte Ltd" as a payee and indicate your trading account number, full name and purpose of payment under the free text field.
- To reactivate your account: Complete and email us a soft copy of this form at firstname.lastname@example.org
- To open an account: Apply via OCBC Internet Banking OR Complete and mail us this form (for individuals)
- To update your address, email and mobile phone number: Update via CDP Internet at https://www1.cdp.sgx.com/sgx-cdp-web/login
If you have any other queries, feel free to contact your Trading Representative (TR) who will still be available over the phone or email to assist you. If you are not sure who your TR is, follow these three simple steps to find out.
- Log in to your iOCBC online trading account
- Click on "Account Mgmt" on the top menu
- Select "Account Details" to view your TR's contact details
You can also contact our Customer Service at email@example.com or 1800 338 8688 from 8.30am to 6pm (Mondays to Fridays excluding public holidays)
As there may be high volume of calls and emails that we have to attend to during this period, we seek your understanding for any unforeseen delay in our service delivery. We are managing our resources to ensure that we continue to serve you well. We apologise for any inconvenience caused.
28 May 2021
Updates to SGX’s Default Minimum Bid Schedule (“MBS”) type and Force Key Range effective from 31 May 2021New Tick Size for instruments from $100
New tick sizes are introduced in the DEFAU MBS type for instruments trading at or above 100 in the eligible currencies. The updates are highlighted in the table below.
New Force Key Range (i.e. price limit) for instruments from $100 Price limits of +/- 300 ticks will be introduced in the DEFAU MBS type for instruments trading at or above 100 in the eligible currencies. The updates are highlighted in the table below.
Existing Tick Size and Force Key Range
The above changes apply to Stocks, REITS, business trusts, company warrants priced at $100 and above, with the exclusion of HKD, RMB and JPY based products.
For more information, please visit SGX at https://www.sgx.com/securities/trading.
28 May 2021
SC And Bursa Malaysia to end temporary revision of market management and control mechanismsThe Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) will reinstate market management and control mechanisms, namely the dynamic and static price limits for FBMKLCI Index Component Stocks and the Bursa Malaysia Circuit Breaker trigger levels, to their original parameters on 31 May 2021.
The decision to reinstate the original parameters takes into account the improving economic outlook with the roll-out of the COVID-19 vaccination programme and normalisation of global market conditions.
The temporary revisions to the market management and control mechanisms which have been in place since 20 July 2020, are scheduled to expire on 30 May 2021.
1. Static and Dynamic Price Limits for FBMKLCI Component Stocks (from 31 May 2021)
Static Price Limita
Dynamic Price limitb
FBMKLCI Index component stocks
More than or equivalent to RM1.00
Upper limit price +30%
Lower limit price -30%
Upper dynamic limit +8%
Lower dynamic limit -8%
Less than RM1.00
Upper limit price +30 sen
Lower limit price -30 sen
Upper dynamic limit +8 sen
Lower dynamic limit -8 sen
a) Static Price Limit: Lower limit price reverts back to -30% from -15% for securities prices >=RM1.00, and to -30 sen from -15 sen for securities prices < RM1.00;
b) Dynamic Price Limit: Lower dynamic limit reverts back to -8% from -5% for securities prices >=RM1.00, and to -8 sen from -5 sen for securities prices < RM1.00
2. Bursa Malaysia Circuit Breaker Trigger Levels (from 31 May 2021)
Bursa Malaysia Circuit Breaker Trigger Levels/ Conditions and Trading Halt Duration
From 9:00 am– before 11:15 am
From 11:15 am to 12:30 pm
From 2:30 pm – before 3:30 pm
From 3:30 pm to 5:00 pm
FBMKLCI falls by an aggregate of 10% or more but less than 15% of the previous market day's closing index.
Rest of Trading Session
Rest of Trading Session
FBMKLCI falls by an aggregate of or to more than 15% but less than 20% of the previous market day's closing index.
Rest of Trading Session
Rest of Trading Session
FBMKLCI falls by an aggregate of or to more than 20% of the previous market day's closing index.
9.00 a.m. - 12.30 p.m
2.30 p.m. - 5.00 p.m
Rest of Trading Day
Rest of Trading Day
Visit Securities Commission Malaysia for more detailed information.
22 Feb 2021
US SEC Fees Change effective for trades settled on or after 25 Feb 2021Please be informed that the US SEC fees will be reduced from 0.00221% to 0.00051% for SELL trades in the US market with settlement date on or after 25 February 2021. The SEC press release is found athttps://www.sec.gov/news/press-release/2021-8.
21 Jan 2021
Restrictions on transactions in publicly traded securities of Communist Chinese Military CompaniesOn 12 November 2020, the President of the United States issued Executive Order 13959 (“EO 13959”) “Addressing the Threat From Securities Investments that Finance Communist Chinese Military Companies” which came into effect on 11 January 2021. EO 13959 imposes restrictions on transactions in publicly traded securities of Communist Chinese Military Companies (“CCMC”), or any securities that are derivative of, or are designed to provide investment exposure to these securities, wherever they are listed.
The restrictions apply to US persons, who are prohibited from making new investments in the impacted securities from 11 January 2021 onwards, but are allowed to divest the said securities till 11 November 2021, and for any CCMC that is subsequently added to the list 365 days from date such CCMC is added to the list.
The list of CCMCs impacted as of today is available on the US Department of the Treasury’s Office of Foreign Assets Control (”OFAC”) website, and this list may be updated from time to time. Please refer to the OFAC website for the latest list.
OFAC has published frequently asked questions relating to EO 13959, which can be accessed here on OFAC’s website.
This notice is intended to remind you that:
- OCBC Securities Pte Ltd (“OSPL”) will not accept orders from you or otherwise engage in or facilitate any transactions with you that contravene any economic sanctions, including EO 13959. We also expect that any transaction performed by you in connection with, whether directly or indirectly, the impacted CMCC securities via the OSPL, whether by OSPL’s trading platform or your trading representative, will not breach and will not cause OSPL to be in breach of the applicable US sanctions laws or regulation..
- In connection with this, we may request information from you in respect of the transactions you have or attempt to conduct through OSPL and place controls on your account(s) where it is assessed to present a risk of breach of the applicable regulations.
- As published on the iOCBC portal, with effect from 8 January 2021, our US brokers will only accept Sell Orders for the CCMC listed. Buying is prohibited.
We thank you for your understanding. Please reach out to your Trading Representative if you have any questions.
1 US persons are defined in Section 4(f) of EO 13959 as “any United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.” “Person” means an individual or entity.
08 Jan 2021
US American Depositary Receipts (ADR) delisting from NYSEIn compliance to the US Executive Order 13959, the following Chinese ADRs are impacted
1. Delisting of 3 Chinese ADRS
NYSE will delist the 3 ADRS (CHL, CHA and CHU) on 11 Jan 2021, Monday 4 a.m. E.T before market opens. The 3 ADRs will no longer be tradable through the US Exchanges from 11 Jan 2021 onwards.
2. Only sell orders for 35 stocks are accepted from today 8 Jan 2021 onwards
Please note that with effect from today, our US brokers are accepting only Sell Orders for the 35 companies listed below in compliance to the US Executive Order 13959. Clients can only sell these counters. Buying is prohibited.
1. Aero Engine Corp of China
2. Aviation Industry Corporation of China, Ltd. (AVIC)
3. China Academy of Launch Vehicle Technology (CALT)
4. China Aerospace Science & Technology Corporation (CASC)
5. China Aerospace Science & Industry Corporation (CASIC) 6. China Communication Construction Group Company, Ltd.
7. China Electronics Corporation (CEC)
8. China Electronics Technology Group Corporation (CETC)
9. China Mobile Communications
10. China National Chemical Corporation (ChemChina)
11. China National Chemical Engineering Group Co., Ltd. (CNCEC)
12. China National Nuclear
13. China Nuclear Engineering & Construction Corporation (CNECC)
14. China General Nuclear Power
15. China Railway Construction Corporation (CRCC)
16. China Shipbuilding Industry Corporation (CSIC)
17. China South Industries Group Corporation (CSGC)
18. China Spacesat
19. China State Construction Group Co., Ltd.
20. China State Shipbuilding Corporation (CSSC)
21. China Telecommunications
22. China Three Gorges Corporation Limited
23. China United Network Communications Group Co., Ltd.
24. CRRC Corporation
25. Dawning Information Industry Co. (Sugon)
28. Inspur Group
30. Panda Electronics
31. Sinochem Group Co., Ltd.
32. China Construction Technology Co., Ltd. (CCTC)
33. China International Engineering Consulting Corp. (CIECC)
34. China National Offshore Oil Corp. (CNOOC)
35. Semiconductor Manufacturing International Corp. (SMIC)
01 Sep 2020
CDP Goes Cheque-FreeIn line with Singapore’s aim to be cheque-free by 2025, CDP is going cheque-free from 1 September 2020. Receive your cash distribution directly in your bank account via the free CDP Direct Crediting Service (DCS). You can apply for DCS by calling 6535 7511 (select call option 5) or via SGX Investor Portal at investors.sgx.com.
Learn more at https://www.sgx.com/cdp-goes-digitalWe would like to inform you that the SIA Shares to Rights Shares and Rights Mandatory Convertible Bonds (MCB) have started trading as of today, 13 May 2020. SIA closing price yesterday was at $4.29. For Rights Shares, the ratio is 3 per 2 so a shareholder with 1,000 ordinary shares will receive 1,500 Rights Shares. For Rights MCB, the ratio is 59 per 20 so a shareholder with 1,000 ordinary shares will receive 2,950 Rights MCB.
24 Apr 2020
Revision of OCBC Securities Standard Trading Terms and Conditions with effect from 24 April 2020We wish to inform you that the OCBC Securities Standard Trading Terms and Conditions (the “T&Cs”) which govern your account(s) with us have been revised.
We have updated Section A Clauses 5.4 (SIPs), 11 (Electronic Trading Services), and 15 (Joint Accounts) and removed Section E (Terms and Conditions Governing Extended Settlement Contracts) of the T&Cs (including consequential amendments) with effect from 24 April 2020 (the “Effective Date”) and you may refer to the revised T&Cs here.
Should you transact or continue to transact any securities transactions with us or use or continue to use any of our services on or after the Effective Date, you shall be deemed to have read, understood and agreed to the revised T&Cs.
20 Apr 2020
OCBC Investment Research reports not available in iOCBCOCBC Investment Research (OIR) reports are currently not available in iOCBC. Please contact your Trading Representative if you wish to get a copy of OIR reports. We apologise for any inconvenience caused. For further assistance or clarification, call us at 1800 338-8688/ (65) 63388688.
16 Sep 2019
Announcement on IDR FX conversionAs you may be aware, the Indonesian Rupiah (IDR) is a controlled currency that is subject to many restrictions in FX conversion under Indonesian law. We have reviewed the process and are pleased to inform all our clients that with effect from 16 September 2019, you may maintain your IDR dividends and/or sale proceeds in a Client IDR Trust Account subject to the following conditions being satisfied:
(i) Clients may only use the IDR in their Client Trust Account to settle Buy trades (settlement in IDR) and/or IDR losses arising only and all FX conversion of IDR in your Client IDR Trust Account to any other currencies is not allowed.
(ii) Clients may only withdraw IDR funds from their IDR Trust account. Upon your request and instruction, OSPL may remit IDR back to your designated IDR bank account.
08 Jul 2019
Announcement of Trading Restriction
02 Jun 2019
iOCBC TradeMobile now enhanced with more Advanced Order Types and enhanced securityWe are pleased to announce that you can now place more types of Advanced Orders on iOCBC TradeMobile for the Singapore market:
1. Validity: “Fill or Kill” and “Fill and Kill” 2. Price Triggered Order (PTO): “Stop” orders and “If-Touched” orders
These Advanced Order types are already available on the iOCBC Web Platform. Please contact your trading representative if you wish to access them.
As part of our effort to enhance security, jail-broken iPhones and rooted Android phones will no longer be allowed to access the app.
Please update your TradeMobile App to the latest version now. The previous App version will be discontinued.
Latest App version
Last Updated on 02 June 2019
13 May 2019
Announcement of change in trading restriction for Best World International LimitedWe have instituted the following trading restriction on the following counter/s listed below. For further assistance or clarification, please call your Trading Representative or our Customer Service at 1800 3388688 or +65 63388688
Type of Restriction
[ ] All trading systems [ X ] Internet Trading
[ ] Counter limit imposed (*see condition(s) below)
[ X ] Buy Only
[ ] Both Buy & Sell
Best World International Limited
(including rights and warrants issued by the Company, if any)
To control credit exposure.
A deposit of 30% is required prior to execution of order.
SAS member companies shall announce on both SAS and their respective websites should they restrict trading of SGX-listed securities.
By making such announcements, it is not the intention of SAS member companies to take a view on any counter, adverse or otherwise, nor assume any responsibility or liability to any person taking action or otherwise, be it for any financial planning, investment, legal, tax or other purposes.
SAS, its member companies and representatives hereby disclaim all liability for any loss or damage of any kind (whether direct, indirect or consequential) incurred by any person arising from the interpretation of the information contained in the announcements.
18 Feb 2019
US SEC Fees Update with effect from 18 Feb 2020
01 Feb 2019
SGX settlement instruction fees to be charged with effect from 01 February 2019We will be implementing a SGX settlement instruction fee of S$0.35 per settlement instruction which is levied by Singapore Exchange (SGX). With effect from 01 February 2019, the fee is applicable to all SGX trades and will be reflected in your Contract Statement.
For more details on the iOCBC website about the SGX settlement fees, please click here.
02 Jan 2019
Sub account statements have been removed from margin monthly statements w.e.f 02 January 2019In order to enhance customer experience, effective 02 January 2019, sub-account statements have been removed from margin monthly statements for all margin customers. Margin customers can still view the sub account statements in the custody monthly statements sent separately to you.
Please contact your Trading Representative (TR) for any clarifications. Alternatively, you can contact our Customer Service by emailing firstname.lastname@example.org or call 1800 338 8688.
30 Mar 2012
SGX to introduce Dual Currency Trading for HPH Trust1. Singapore Exchange (SGX) introduces Dual Currency trading, please click here for more information.
For illustration only, please refer to below information on HPH Trust:
Currency denomination available for trading
Hutchinson Port Holdings Trust
Primary Currency Counter
HPH Trust US$
Primary Currency Counter
HDH Trust S$D
The secondary currency counter will be denoted by indicator [Traded Currency][D] at the end of the trading name. As in the case of Hutchison, the traded currency of the secondary currency counter is SGD. The counter name is HPH Trust S$D.
2. Customers’ iOCBC Portfolio Information for Stock Traded in Dual Currency
a. Using the above illustration, customers’ iOCBC portfolio will display their trades for HPH Trust S$D (stock code: P7VU) under the primary stock HPH Trust US$ (stock code: NS8U). There is no separate display for trades for HPH Trust S$D.
b. For customers who have traded simultaneously under both stock codes, the iOCBC portfolio will display the overall holdings under the primary stock HPH Trust US$ (NS8U). The valuation will be based on USD.
c. Customers may edit their portfolio information accordingly to reflect the respective stock code that they have transacted.
d. Customers should take note of the above important information and exercise prudence in their online order submission. In particular, prior to order submission, customers are advised to check through their transaction records for traded currency and purchase price.
Note: All information provided above is correct at the time of posting. All information presented is subject to change without notice.
Last updated on 30 March 2012