Not sure where the market is heading, yet still want to take part in the
recent action?
Making use of smaller board lot sizes may be the
solution for you.
Lim & Tan has an ongoing promotion of S$10 min. brokerage for online trades done on SGX < 1000 shares and with contract value ≤ S$3500.
ADVANTAGES OF BUYING IN SMALL LOTS
For the retail investor, especially if you have just started out, this
means easier access to bluechip stocks which have a high share price.
For eg. for DBS at $18.00, the
minimum shares for purchase is 100, allowing you to be invested in DBS
for $1,800+.
Also, with a certain amount of money, say S$10,000, you can now
diversify into more bluechips stocks (rather than buying penny stocks).
One useful strategy is dollar cost averaging, which means buying the
same amount of stock at regular intervals. For eg. buying 100 shares of
DBS every quarter, or interchanging between OCBC and DBS every month.
BUYING IN SMALL LOTS IS AFFORDABLE
As long as your online trade is < 1000 shares and with contract value ≤ S$3500, brokerage is $10.
Here's other applicable examples for you:
- Buy/Sell SembCorp Industries 900 shares @ $3.51
- Buy/Sell STI ETF 700 shares @ $3.00
- Buy/Sell unit shares of UOB 85 shares @ $19.75
Note: All buy trades of the same stock fulfilled on the same day are
amalgamated into 1 contract. The same applies for sell trades. Other
charges including SGX Trading Fees, CDP Clearing Fees and GST still
applies.
Eg. a buy order and sell order for OCBC:
 |
| Net Total may differ by a few cents from actual |
HOW TO BE ENTITLED TO SMALL LOT PROMOTION?
No forms to fill up! You will automatically qualify once your online trade is < 1000 shares and with contract value ≤ S$3500.
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