Clients
can choose to open a Phillip Cash Management Account,
margin or custodian account with an initial deposit of
S$1000. You would also need to open a Nominees CDS
account by sending an email to Operations department at operations@phillip.com.sg
stating the trading
account number and name.
Applications received before 5pm will be processed on
the same day and ready for trading the next working
day.
Please
note that clients with margin trading accounts will
have to sign the Notice of Assignment and submit to Margin
Department.
Trading is conducted from Monday to Friday (excluding public holidays) at the following times:
(According to Singapore time)
Morning Session 0900 a.m. to 1230 p.m.
Afternoon Session 1430 p.m. to 1700 p.m.
There is no trading on all public holidays and when the exchange is declared closed by the Bursa Malaysia committee. Trading might also be stopped when the circuit breaker is triggered.
Accepted orders keyed into POEMS will be routed to Bursa Malaysia for matching according to the new trading phase schedule.
Trading
Phase
Morning
Session
Afternoon
Session
Pre-Opening
8.30am
- 9.00am
2.00pm
- 2.30pm
Matching
at Theoretical Opening Price ("TOP")
9.00am
2.30pm
Continuous
Trading
9.00am
- 12.30pm
2.30pm
- 4.45pm
Pre-Closing
4.45pm
- 4.50pm
Matching
at Theoretical Closing Price ("TCP")
4.50pm
Trading
At Last
4.50pm
- 5.00pm
Pre-Opening
Orders can be entered but matching will not take place during this time. The opening prices will be calculated based on orders received and will be displayed under TOP field at "Trading Hall".
Pre-Closing
Orders can be entered but matching will not take place during this time. Closing prices will be calculated and will be displayed at TOP field.
Trading At Last
Only orders at Theoretical Closing Price can be entered and matching will be done during this session. Any orders submitted with prices not equivalent to the Closing Price of the counter will be rejected.
New Information
- New information such as Theoretical Opening Price (TOP), Last Adjusted Closing Price
(LACP) and Trading Phase (TP);
- Additional 2 levels of best buy and sell prices (best bid) for Board Lot;
- Additional information for Odd Lot such as 5 levels of best buy and sell prices; and
- Stock tracker for Odd Lot in figure and chart
Odd Lot Orders
Please note that under the new trading phases, odd lot orders can be partially matched.
The orders that are not filled in the morning session will lapse and will be automatically re-routed for the afternoon pre-opening session. Orders not matched by the end of the day will lapse. Please refer to
www.bursatrade.com
for more information.
A Circuit Breaker is a market-wide approach to managing downward movement of the barometer index by halting trading temporarily in the entire market during normal trading hours. It will be triggered when the KLCI declines 10%, 15% and 20% below its closing index of the previous market day.
All matched orders will remain valid. Unmatched orders entered into the trading system will continue to be in the order queue when the Circuit Breaker is triggered at the 10% and 15% levels. Unmatched orders will be removed from the system when the Circuit Breaker is triggered at the 20% level.
After the submission of orders, you may proceed to [Order Status] to check if the orders are on queue, done, or rejected. All orders will be issued with an order number for easy tracking.
You may withdraw any orders under processing if you have
placed your trading orders with POEMS. Alternatively,
you may contact your Trading Representative (e.g. Dealer
or Remisier) for assistance.
Yes, odd lot trading is available. However, you have to contact your
remisiers/dealers to place the orders. Odd lots submitted through POEMS will be rejected.
Yes, you may. However, you are required to transfer your scripless share holdings to Phillip Securities Pte Ltd before you can
proceed to trade through POEMS.
The client can write to his/her existing stockbroking
firm to give instruction for transferring the shares to Phillip Securities Pte Ltd and must cc (send) a copy to Phillip Securities Pte Ltd, attention to
Foreign Shares Transfer Team. Please also indicate the contact person's (from the other
stockbroking firm) name and contact number.
