General Trading Information

Trading Hours
Trading sessions are held daily from Mondays to Fridays between 9.00am – 12.30pm and 2.00pm - 5.00pm. In addition, there is an Pre-Open Routine (8.30am – 9.00am) and Pre-Close Routine (5.00pm – 5.06pm). There is no trading on Singapore public holidays.

Board Lots
Shares are mainly traded in board lots of 1000 shares. However, the trading of odd lots is also allowed.

Effective 14 April 2003, the “Odd Lot Market” was replaced with “Unit Share Market”, which enables the trading of odd lots in any quantity less than one board lot of the underlying share in the Ready Market. Eg, for a buy order of 1060 ABC shares, 1000 shares will be executed on the Ready Market and the remaining 60 shares will be executed on the Unit Share Market. Amalgamation of trades between the Ready and Unit Share markets is possible, whereby trades executed in the two markets for the same underlying share can be consolidated in a single contract.

Board lot trading on the existing Ready Market is maintained for those who wish to continue trading in the designated board lot sizes.

Minimum Bid Sizes

Existing Minimum Bids Schedule

Price Range	Minimum Bid Size ($)	Forced Orders (Bids)
Up to $1.00	0.5 cent	+/- 6
Up to $3.00	1 cent
Up to $5.00	2 cents
Up to $10.00	5 cents
Above $10.00	10 cents

Revised Minimum Bids Schedule with effect from 24 December 2007

Products	Price Range	Revised Minimum Bid Size ($)	Forced Orders (Bids)
Securities^	Below $1	0.005 (no change)	+/- 10
	$1 - $2.99	0.01 (no change)
	$3 - $9.99	0.01
	$10 and above	0.02
Exchange Traded Funds	All	0.01 or 0.001 as determined by SGX-ST*	+/- 30
Bonds, debentures, loan stocks	All	0.001	+/- 30

^ Excludes exchange traded funds, bonds, debentures, loan stocks; and those securities traded in Hong Kong Dollar and Japanese Yen. SGX will be customizing the minimum bid structures for these products.
* All existing ETFs except ABF Singapore Bond Index ETF (ABF Bond ETF) will adopt a bid size of $0.01 as of 11 December 2007. ABF Bond ETF will adopt a bid size of $0.001.



Brokerage Rates (effective 1 October 2000)
Brokerage rates are fully negotiable for all transactions on SGX Securities Trading.

Clearing Fees, Stamp Duties & GST
In addition to brokerage fees, the following charges are payable:
- a clearing fee of 0.04% on the value of the contract, subject to a maximum of S$600 (except for structured warrants which is at 0.05%
of the contract value subject to a cap of S$200)
- prevailing Goods and Services tax (GST) on brokerage and clearing fees.