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Foreign Desks

 

The Foreign Desk was established in 1991 to facilitate the trading of shares on the foreign stock exchanges. It was initially set up to cater to the demand of clients investing in the Singapore and Hong Kong stock exchanges. However over the years it expanded to cover four more countries.

With the introduction of Direct Market Access (DMA) trading platform in some of the established markets, Dealers at the Foreign Desk are now able to route orders directly to these exchanges using the online trading platform.

Currently, the foreign desk is able to trade in the exchanges of the following countries:

 

Country

Trading Hours
(Local Time)

Country

Trading Hours
(Local Time)

Singapore

9.00 am – 12.30 pm
2.00 pm - 5.05 pm

Hong Kong

10.00 am - 12.30 pm
2.30 pm - 4.05 pm

Australia

7.00 am – 1.05 pm

Thailand

10.30 am – 12.30 pm
2.00 pm - 5.00 pm

USA

9.30 pm – 4.30 am

UK

3.00 pm - 11.30 pm


Note :

Day Light Savings Time is observed where the time is shifted forward by 1 hour in the following countries:

1.USA - begins on the 2nd Sunday in March and ends on the 1st Sunday in November
2.UK - begins on the last Sunday in March and ends on the last Sunday in October
3.Australia - begins on the 1st Sunday in October and ends on the 1st Sunday in April

How to trade on other recognised Exchanges

  1. Clients have to open a Trading Account with us and sign the Risk Disclosure form.

  2. Clients must submit a signed Statutory Declaration on the client's domestic borrowing to Documentation Department

  3. Clients must first sign the Tax withholding form (W-8BEN) before trading in US shares.

For further information, contact us at:
Tel: (603) 2072 1277 ext. 1304 or 1583
Fax: (603) 2072 2369

 

 

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