United Kingdom (LSE) Aus

Brokerage
Online Trades Broker-Assisted Trades
Commission 0.4% 0.6%
Minimum GBP 25 GBP 35
Other exchange fees:
Stamp Duty Charge (Buy trades)
UK stock on LSE: 0.5% stamp duty
European stock on LSE: 1% stamp duty
Panel and Takeover Merger (“PMT”) GBP 1 for any trade >= GBP10,000

Note: Goods & Services Tax (GST) will be applied to commission charges. Commission and exchange fees may be subject to change without prior notice. Please click here for custodian charges.

Trading Details
Order Placement  Via

1) POEMS 2.0

2) Your designated Trading Representative or

3) Night dealer (during UK Trading Hours)

 

Trading lot 1 share
Price Quote Via POEMS (delayed by 15 mins)
Exchange LSE
Order Type1 Limit Order
Minimum bid size > 5.00 – 10.00 0.001
> 10.00 – 50.00 0.005
> 50.00 – 100.00 0.01
> 100.00 – 500.00 0.05
> 500.00 – 1,000.00 0.10
> 1,000.00 – 5,000.00 0.50
> 5,000.00 – 10,000.00 1.00
> 10,000.00 5.00

Note: GBP stands for pound; GBX stands for pence.

Buy / (Sell) orders higher/ (lower) than 2% of prevailing market price will be rejected. Please contact Night Desk for further assistance.

Trading Hours  

Phillip Securities does not participate in extended hours trading (Pre-Opening and Pre-Closing)

Singapore Time (Mon – Fri) 04:00pm – 12:30am
03:00pm – 11:30pm
(during Daylight Saving Time2)
UK Time (Mon – Fri) 08.00am – 04.30pm

Orders will not be done during Pre-Opening and Pre-Closing as Phillip Securities does not provide extended trading hours.

Orders for the next trading day will be accepted 15 minutes after current trading market closes.

 

Settlement
Settlement Date3 T+2 market days
Settlement Currency SGD or USD or GBP
Order Amalgamation No
Contra Trading Yes
CPF settlement No

Note: For payment methods, please click here.

Holidays (2020)

2020

PAR

Month Day Date Holidays Settlement Trading Day
January Wednesday 01 January New Year’s Day No No
April Friday 10 April Good Friday No No
Monday 13 April Easter Monday No No
May Friday 01 May Labor Day No No
December Thursday 24 December Christmas Eve Yes Partial
Friday 25 December Christmas Day No No
Thursday 31 December New Year’s Eve Yes Partial

FFM

Month Day Date Holidays Settlement Trading Day
January Wedneday 01 January New Year’s Day No No
April Friday 10 April Good Friday No No
Monday 13 April Easter Monday No No
May Friday 01 May Labor Day No No
June Monday 01 June Whit Monday Yes No
December

Thursday 24 December Christmas Eve Yes No
Friday 25 December Christmas Day No No
Wednesday 30 December Last Working Day Of Year Yes Partial
Thursday 31 December New Year’s Eve Yes No

AMS

Month Day Date Holidays Settlement Trading Day
January Wednesday 01 January New Year’s Day No No
April Friday 10 April Good Friday No No
Monday 13 April Easter Monday No No
May Friday 01 May Labor Day No No
December

Thursday 24 December Christmas Eve Yes Partial
Friday 25 December Christmas Day No No
Thursday 31 December New Year’s Eve Yes Partial

Note: Information is correct at the time of posting

  1. Orders will be executed at the prevailing market price which will be the same as or better than the order price. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  2. Starts on the last Sunday of March to last Sunday of October.
  3. Should the due date coincide with a:
    a) Singapore public holiday - The due date will follow the traded market's due date.
    b) UK public holiday - The due date will be the following market day