Market Information

North Americas

North Americas

Canada
  • Information for trading on the Canada Exchange

    Trading hours (SGT)


    Non-Daylight Trading hours Continuous Trading: 10.30pm - 5am

    Daylight Trading hours Continuous Trading: 9.30pm - 4am

    Currency CAD

    Trading Lot Varies

    Settlement period T+2 market days

    Order Placement  Via your designated Trading Representative

  • Commission rate and charges

  • Minimum bid size

       Share price  Minimum bid size (CAD)
       C$0.005 - C$0.495 C$0.005
       C$0.50 and above C$0.01

     

  • Trading holidays

United States
  • Information for trading on AMEX, NYSE and NASDAQ

    Trading hours (SGT)

    Monday - Friday

    Daylight Saving commences from second Sunday of March till the first Sunday of November:


    Non-daylight saving
    10.30pm - 5am

    Daylight saving 9.30pm - 4am

    Currency USD

    Price Quote Delay 15 min

    Use CPF No

    Trading Lot 1

    Settlement period T+2 market days

    Order Placement Via iOCBC or your designated Trading Representative

  • Commission rate and charges

  • US Live Price Feed Subscription

    Contact your Trading Representative to subscribe to Live Price Feed for the US markets at S$10 per month. 

  • Minimum bid size

       Share price     Minimum bid size 
       < US$1.00 US$0.001
       > US$1.00 US$0.01
  • iOCBC does not participate in extended trading hours

    iOCBC does not participate in Pre-Open and Pre-Close extended trading hours. Any US orders submitted via iOCBC before 9.30am (Eastern Time) will only be processed after 9.30am (Eastern Time) and routed to the Exchanges. 

    If you have entered a higher buying price or a lower selling price than the opening price, your order will be executed based on the prevailing market conditions after market opens at 9.30am (Eastern Time).

  • Trading holidays

  • Trading abbreviations

    The following trading abbreviations will appear in the “Remarks” column on iOCBC trading platform.To find out more information on the corporate action or trading status on the listed companies, kindly refer to the official websites of the respective Exchanges.

     

       Abbreviation    Trading Status
       XD    Ex-Dividend
       CD    Cum Dividend
       CB    Cum Bonus
       XB    Ex Bonus

  • Additional remarks

    American Depositary Receipt (ADR)

    An ADR allows an investor to trade in non-US companies stocks in the United States instead of investing through the overseas exchanges. An ADR investor receiving shares of such foreign companies stocks will be charged with ADR fees by ADR agents to compensate them for inventorying the non-US shares and performing registration, compliance, dividend payment, communication, and recordkeeping services.
    The ADR fee amount and frequency of charge will differ depending on each ADR and customer may refer to the relevant ADR prospectus for more details.


    Global Depositary Receipt (GDR)

    The global equivalent of an ADR, a GDR is issued by a depository bank which allows an investor to trade in stocks of a foreign company in more than one country. GDR agents will charge GDR fees as compensation for inventorying the foreign shares and performing registration, compliance, dividend payment, communication, and recordkeeping services.
    The GDR fee amount and frequency of charge will differ depending on each GDR and customer will be charged accordingly.


    Declaration Forms

    To start trading in the US markets (NYSE, Nasdaq and Amex) please complete the following forms:

    1) W8-BEN form (For Non US citizens)
    2) Risk warning statement form

    The purpose of the W-8BEN Form is for US Inland Revenue Tax Purpose and is compulsory for all non-US citizens and residents. You are not able to trade in the US market if you are a US citizen or a green card holder.

    Forms are valid for 3 years.