With effect from 5 September 2011, clients may enjoy preferential rates when they trade online on a cash upfront basis:
| Contracts below S$100,000 |
0.20% (Minimum S$25) |
| Contracts S$100,000 and above |
0.18% |
These rates are subject to the following terms:
- The client has to establish a separate trading account with us. This account will not be linked to his/her CDP account.
- This is strictly for transactions performed online.
- These rates apply only to shares bought through this account. Such shares must be custodised in our sub-account. Shares transferred from client's CDP accounts or from other brokers/financial institutions will not enjoy these rates.
- Trading limits are computed daily based on your cash deposits with us less your outstanding unsettled positions.
- A sub-account charge of S$15 plus GST applies every quarter (subject to waiver if you have traded at least two times per month)
To open your cash upfront account, please contact your Trading Representative or visit our office at 8 Anthony Road.
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