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Description: As part of our commitment to provide you with a better online trading experience, we are progressively moving our U.S. trading clients to our enhanced platform, UTRADE. Kindly refer to the email
As part of our commitment to provide you with a better online trading experience, we are progressively moving our U.S. trading clients to our enhanced platform, UTRADE.
Kindly refer to the email notification that we have sent out recently. Please contact Client Service at 6536 9338 or your Trading Representative if you have any enquiry on the migration.
MAS has updated the regulatory requirements relating to SIPs and EIPs. With effect from 4 January 2013, foreign shares (e.g. Citigroup listed on NYSE) and other overseas-listed investment products which would otherwise be considered EIPs on SGX would now be reclassified as EIPs as well. Clients who have not passed the CAR can now trade in these foreign EIPs.
All clients will be required to accept the RWS upon first login to this platform after 3 January 2013.
To assist you with managing your investment risks, we are pleased to avail you with trading facilities for the larger US-listed securities. In order to provide greater transparency and convenience, the list of US-listed securities which can be traded online (with current market capitalisation greater than US$1 billion) can be viewed here.
With effect from the settlement date of 18 March 2014 (i.e. trades done from 13 March 2014), the SEC fee for US sell trades will be revised from US$17.40 per million dollars (0.00174%) to US$22.10 per million dollars (0.00221%).