Asia & Pacific Trading
Singapore
Market opening hours
- GMT: 01:00 - 09:00
- BST: 02:00 - 10:00
- Local time: 09:00 - 17:00
Please note that epic codes for all Singapore listed stocks are alphanumeric and stocks can be quoted in USD as well as S$.
Ticks, Tolerance and Lots
When trading on the Singapore Stock Exchange you must be aware of tick sizes, tolerance levels and lot sizes.
Ticks
A tick size is the minimum incremental movement in the price of a stock. The minimum size of a tick is dependent on the current share price - see table below.
| Share Price (S$) | Tick Size |
|---|
| <0.20 |
0.001 |
| 0.20<2.00 |
0.005 |
| >2.00 |
0.01 |
For example:
If ABC Plc is currently trading at S$2.50 - S$2.55 any limit order must be set at 2 cent increments.
Limit to sell at 2.50 - ok
Limit to sell at 2.505 - not ok
Limit to sell at 2.51 - ok
Limit to sell at 2.515 - not ok
Tolerance levels
A BUY limit order must be placed at the current offer price or down to a maximum of 6 ticks below the current offer price. If a BUY limit order is placed above the current offer price or greater than 6 ticks below the current offer price, the order will be rejected by the market/exchange.
A SELL limit order must be placed at the current bid price or up to a maximum of 6 ticks above the current bid price. If a SELL limit order is placed below the current bid price or greater than 6 ticks above the current bid price, the order will be rejected by the market/exchange.
Lot size
Singapore stocks can only be traded in lots of 1,000.
Types of Order
Only limit orders are permitted on the Singapore Stock Exchange.
Settlement
- Settlement on the Singapore Stock Exchange is T3
- Settlement on the Singapore Stock Exchange along with an FX transaction is T3
- Settlement in stand alone FX transactions is T2
Top
Which account do I need to trade Internationally
You can trade on international exchanges with a Trading Plus, Trading ISA and/or a SIPP Account.
|
| <0.10
| 0.001
|
| 0.10 - 2.00
| 0.005
|
| 2.00 - 998.99
| 0.01
|
| >999.00
| 1.00
For example:
If ABC Plc is currently trading at AUD 0.50 - AUD 0.52 any limit order must be set at 0.5 (half) cent increments.
Limit to sell at 0.50 - ok
Limit to sell at 0.501 - not ok
Limit to sell at 0.505 - ok
Limit to sell at 0.511 - not ok
Tolerance levels
A BUY limit order can be placed up to a maximum of 20 ticks or 5% (whichever is smaller) above the last traded price. If a BUY limit order is placed greater than 20 ticks or 5% (whichever is smaller) above the last traded price, the order will be rejected by the market/exchange.
A SELL limit order can be placed up to a maximum of 20 ticks or 5% (whichever is smaller) below the last traded price. If a SELL limit order is placed greater than 20 ticks or 5% (whichever is smaller) below the last traded price, the order will be rejected by the market/exchange.
Lot size
There are no lot sizes for the Australian Stock Exchange
Types of Order
Only limit orders are permitted on the Australian Stock Exchange.
All orders placed on the Australian Stock Exchange will be placed after the opening auction which is held in the first 10 minutes of trading
Settlement
- Settlement on the Australian Stock Exchange is T3
- Settlement on the Australian Stock Exchange along with an FX transaction is T3
- Settlement in stand alone FX transactions is T2
Top
Which account do I need to trade Internationally
You can trade on international exchanges with a Trading Plus, Trading ISA and/or a SIPP Account.
New Customers
Online
The Trading Plus or SIPP Account gives you access to international markets, Turbos, warrants and covered warrants.
Existing Customers
Online
Upgrade your account to enable international trading.
Login and go to Account Administration/Account Upgrades.
By Phone
Call us to upgrade by telephone 0845 607 6002