|Accessing UTRADE Platform for US Markets
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.
Update on Foreign Excluded Investment Products
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.
List of Tradeable Stocks
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.
Clients who already hold other stocks in their online portfolios can continue to sell them online.
Clients who wish to purchase other stocks may seek assistance from their Trading Representatives.
Change in US Markets SEC Fee
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%).
A copy of the Commission?s order can be found at