- What are the
Canada markets
that I may trade in?
You may trade shares listed on the Toronto Stock
Exchange (TSX) and the TSX Venture Exchange.
- How can I check the price
quotes for Canada shares?
You can check the price
quotes through your Trading Representative or by calling our
Night Dealing Desk at +65 6339 8842 / 6533 3159.
- How can I place orders for
my Canada trades?
You can choose to place orders for your Canada
trades through your Trading Representative or by calling
our Night Dealing Desk at +65 6339 8842 / 6533 3159.
- How can I check the status
of my orders?
You can check the status of your orders for your
Canada trades through your Trading Representative or by
calling our Night Dealing Desk at +65 6339 8842 / 6533 3159.
- Can I withdraw my orders?
You may only withdraw orders that have not been
matched. To withdraw your orders, please contact your
Trading Representative or by calling our Night Dealing
Desk at +65 6339 8842 / 6533 3159.
- What is the validity period
for my orders?
All orders submitted are only valid for one
trading day. Orders not done will be cancelled at the
end of each trading day.
- Can I perform "contra
trades" for Canada stocks?
No, contra trading is not allowed for Canada shares.
- What is the minimum bid size and quantity for trading?
There is no minimum bid size and quantity.
- Will I be able to 'Amalgamate' my
Canada Trades?
You cannot "amalgamate" your
Canada
trades.
- What are the trading hours for the
Canada Markets?
Canada
trading hours is:
Between 9:30pm and 4:00am (Singapore Time) – Daylight
saving hours
Between
10:30pm and 5:00am (Singapore Time) – Non-daylight
saving hours
Canada
markets will be closed on holidays. Please
check Non-Trading Day.
- How will I know how much my
Canada trading limit is set at?
You can check your trading limit by calling your
Trading Representative.
- How can I increase my Trading Limit?
You may request an increase in trading limit by
calling your Trading Representative.
- May I trade
Canada Shares that I purhased through other securities firm?
Yes, you may. However, you are required to
transfer your share holdings to Phillip Securities Pte
Ltd before you can commence to trade through POEMS.
- What are the procedures to do Share Transfer?
Step 1: You have to give instructions to that securities
firm to transfer the shares
to Phillip
Securities Pte Ltd.
The letter should clearly state:
- Name of Security to be transferred
- Quantity of shares to be transferred
- If it is a securities firm based in Singapore, you need to instruct them to liaise with
Foreign Shares Transfer Team for further
details
- If it is a securities
firm based in the Canada, you must provide custodian details which
can be obtained from Foreign Shares Transfer Team
Step 2: You have to provide Phillip Securities with
corresponding instructions to receive the shares.
Instructions has to clearly state:
- Name of Security transferred
- Quantity of shares transferred
- If it is a securities firm based in Singapore, please give us the name and telephone
number of the contact person from the
transferring securities firm
- If it is a securities firm based in the Canada, please give us custodian details of
transferring broker (ie. Name and CDS of the
Canadian transferring broker)
- Your Phillip/POEMS
trading account number
The following are ways that you can submit instruction
to Foreign Shares Transfer Team:
- Fill a Phillip Securities “Transfer In” form
- Fax a letter of instruction to Foreign Shares Transfer Team
at Fax
no: 65332056
- Send an email
instruction to Foreign Shares Transfer Team at Email address:
ForeignSharesTrf@phillip.com.sg
(There are no charges for transferring shares to Phillip.
However, it is important that you check with the
delivering securities firm as to whether there are any
charges for transferring your shares out)
- How long will the shares transfer take to complete?
Timeframe will vary for each transfer. It all
depends on when the delivering firm actually sends out
the shares electronically. In normal circumstances, once
the delivering firm sends the shares out, it should take
2-3 days for us to receive the shares.
- How can I sell through POEMS if I am holding physical certificates?
Before selling, you have to deposit the share
certificate/s into your trading account with Phillip
Securities Pte Ltd.
- What
is the procedure to deposit physical certificate/s with Phillip Securities Pte
Ltd?
You will have to sign at the back of
each share certificate under the “transferor” column
or “shareholder” column.
Please click
here for charges incurred.
Note: We will not accept the share certificates of
companies not listed on the exchanges that we offer
trading.
Please
note that clients are required to buy back their shares
to cover the sale position if the
physical shares deposited are subsequently found
to be not good for deposition.
- How long will it take for
the physical certificates to be credited to your account?
For physical
share certificates deposition, the process will take 3-4 weeks to
complete.
- How will I know when the
physical certificate is credited?
You will be able to view through their online
POEMS account under “Foreign Shareholding” (for Cash
Trading accounts) or “Script Positions” (for all
other account types). Alternatively, you can call the
Operations staff to verify whether the share has been
credited.
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