Commission rates and charges
Minimum bid size
Share price (THB) | Minimum bid size (THB) |
---|---|
Less than 2 | 0.01 |
From 2 to < 5 | 0.02 |
From 5 to < 10 | 0.05 |
From 10 to < 25 | 0.10 |
From 25 to < 100 | 0.25 |
From 100 to < 200 | 0.50 |
From 200 to < 400 | 1.00 |
From 400 and up | 2.00 |
Non-Voting Depository Receipt (NVDR)
An NVDR, or Non-Voting Depository Receipt, is a new trading instrument issued by Thai NVDR Co., Ltd. An NVDR is a valid security as specified by the Securities and Exchange Commission (Thailand) and is automatically regarded as a listed security by the Stock Exchange of Thailand. To find out more about NVDRs, kindly visit The Stock Exchange of Thailand website.
Note:
Thailand shares can come in 3 types – Local, Foreign and Non-voting Depository Receipt (NVDR).
For any trade on Local shares submitted via iOCBC, it will be processed as NVDR shares with our Thai Broker. In the event the stock does not have NVDR shares, Local shares will be processed instead.
Foreigners i.e. non-Thailand citizens holding Local shares, are not entitled to voting rights and dividends. In order to be entitled to voting rights and dividends, please contact your designated Trading Representative 5 business days in advance of the relevant book-closing date to initiate conversion of your Local shares to Foreign shares to obtain all beneficial rights.
In the event that foreign ownership limit, which is monitored by Thailand Securities Depository (TSD), has been reached, your request to convert Local shares to Foreign shares will be placed on queue and automatically converted once foreign ownership room becomes available. For more information, please click here. [url: http://www.set.or.th/en/news/econ_mkt_dev/files/Foreigners_Participation.pdf]
Scenario 1 – Sample Stock with Local, Foreign and NVDR listing in iOCBC
Stock Name |
Stock Code |
Remarks |
PTG Energy |
PTG |
Stock Code without suffix denotes Local Shares |
PTG Energy – F |
PTG-F |
Stock Code with suffix F denotes foreign shares |
PTG Energy – R |
PTG-R |
Stock Code with suffix R denotes NVDR |
Scenario 2 – Sample stock with only Local and Foreign Shares
Stock Name |
Stock Code |
Remarks |
BTS Rail MAS-U |
BTSGIF |
Stock Code without suffix denotes Local Shares |
BTS Rail MAS-U/F |
BTSGIF-F |
Stock Code with suffix –F denotes Foreign Shares |
2019 trading holidays
Trading abbreviations
Abbreviation |
Corporate Action Description |
XA |
Ex-All (e.g. Ex-Dividend & Ex-Rights) |
XD |
Ex-Dividend |
XN |
Ex-Capital Return |
XR |
Ex-Rights |
XS |
Ex-Short-term Warrant |
XT |
Ex-TSR |
XW |
Ex-Warrant |
XB |
Ex-Other Benefit |
X |
Delisted stock (set for stock which will be delisted on next trading day) |
Abbreviation |
Trading Status |
PIN |
Notice Pending |
SPC |
Suspension / Non compliance |
COM |
Non compliance |
SUS |
Security Suspended |
TH |
Halt |
MHL |
Market Halt |
CBR |
Circuit Breaker |
Turnover list
The Stock Exchange of Thailand (SET) has issued a supervisory measure to curb speculation in stocks that has high turnover (known as stocks under “turnover list” that will be announced weekly by the SET).
If you wish to buy stock in the turnover list, please note that you are required to pay cash upfront to OCBC Securities Pte Ltd in full amount*. Once we have received your funds and made arrangement with our broker at Thailand, you may then proceed to place buy order for stock in the turnover list. Any order placed online without any cash upfront will be rejected by our company.
* You may use the previous closing price to estimate the funds that you require to place upfront with our Company. In the event that there is shortfall of funds, you will not be able to execute any trade. To avoid any delay in your order execution, you may wish to place more funds with us, any balances will be refunded to your account after the trade is executed and fully settled.