Saturday, January 17, 2015

Smaller Lot size, Smaller minimum commission

From 19 January 2015, the minimum lot size for SGX securities market will be reduced from 1,000 to 100, making higher-priced stocks more affordable to investors

To support clients trading in the newly introduced reduced board lots, our promotional minimum commissions for online trades less than 1,000 shares will be as follows:

Free one on one professional consultation and account opening with our Team of remisier, Open a Free Trading Account with us now!

Contract Value
Minimum Commission*
≤ S$3,500
> S$3,500
With the promotional minimum commission starting from as low as S$10 for trades less than 1,000 shares, investors now have more flexibility to diversify their investment to different sectors with the same capital but at an even lower cost. At $10 promotional brokerage commission for contract value of up to $3500, we are helping the investors to reduce their costs of investment significantly.
Terms & Conditions:
1.     The above promotion is only valid for online trades done through POEMS trading platforms
2.     Only online orders of less than 1,000 shares will enjoy the above promotion
3.     Contract value refers to the amalgamated amount
4.     Broker-assisted orders remain the same and are not eligible for this promotion
5.     The above promotion applies to orders done from 19 January 2015 (Mon) till 27 February 2015 (Fri)

6.      Phillip Securities Pte Ltd (PSPL) reserves the right to substitute or change the promotion, amend any terms and conditions without prior notification. Where a dispute involving the interpretation of terms and conditions arises, PSPL reserves the right to have the final say