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Notices

Read about these for a smoother and safer trading experience.

notices

US Trading - Revise US Trade Settlement from T+2 to T+1. WEF 28 May 2024, No Trade Amendment Permitted

We would like to inform you that starting from 28 May 2024 (Tuesday), there will be a significant adjustment to the US Trade Settlement process. Currently operating on a T+2 basis, the settlement timeline will now be shortened to T+1.

As a consequence of this settlement policy change, it's important to note that Trade Amendment requests will no longer be accommodated.

This restriction applies across various scenarios, including amendments between different accounts (e.g., Cash to Margin or CCT, and vice versa) as well as adjustments involving settlement currencies (e.g., SGD to USD, and vice versa).

Please remember to check carefully on the counter, price, quantity and settlement currency for the orders placed before submitting it.

For any enquiries, kindly contact your Trading Representative or our Online Trading Helpdesk at 6799 8188.