Here's the news (if you are subscribed to businesstimes):
http://www.businesstimes.com.sg/companies-markets/etrade-closing-singapore-and-hk-operations
If you are affected by the closure, Lim & Tan offers a U.S. share transfer service at no charge. To transfer, there are a few procedures involved. Please enquire if you are interested.
There is a promotion for U.S. Share Transfers:
Receive S$50^ Cash for every US$50,000 worth of
U.S. shares transferred in by 31 March 2016
U.S Stock Trading Promotion at Lim & Tan:
- U.S. minimum brokerage at only US$20
- Complete your first 3 U.S. trades* online and be rewarded with US$60 in your Online Trading account
- Enjoy interest rate of 0.15% p.a. for the USD placed in your Trust account
- New online U.S. Trading accounts enjoy complimentary U.S. Live Prices for 1 month.
Lim & Tan's U.S. market platform is user-friendly and shares the same platform as the Singapore market, ie. you can access both US and Singapore markets with one log-in & password, and manage all your stocks in one portfolio page.
The platform has several features that have been added to make it more easier to pick stocks, for example, a " LTS US" tab that lists the most frequently traded US counters by Lim & Tan clients, and a "View Trade Info" tab that . Read more about it's features here.
The platform has several features that have been added to make it more easier to pick stocks, for example, a " LTS US" tab that lists the most frequently traded US counters by Lim & Tan clients, and a "View Trade Info" tab that . Read more about it's features here.
* Upon the completion of the 3rd U.S. trade online, the US$60 rebate will be credited into your Online Trading account
by the end of the following month.
^ S$50 cash will be credited into client's trust account. Each client is eligible for up to a maximum credit of S$100.
^ S$50 cash will be credited into client's trust account. Each client is eligible for up to a maximum credit of S$100.
