📞US Trading Night Desk
Available 9pm-1am (Singapore Time)
Tel: +65 6533 4192 / 9703
3 MAJOR US STOCK EXCHANGES
There are 3 major stock exchanges in the US: the NYSE (New York Stock Exchange), AMEX (American Stock Exchange) and NASDAQ (National Association of Securities Dealers).
1. NYSE
The NYSE is the largest American stock exchange by volume and it lists companies from around the world.
2. AMEX
The AMEX is a smaller exchange than NYSE, and is typically favored by smaller companies which cannot meet NYSE's strict listing and reporting requirements.
3. NASDAQ
The NASDAQ is traditionally heavy with technology stocks, since the exchange was friendly to tech startups in the early days.
Find out more about the 3 Exchanges here: What are all the securities markets in the U.S.A?
All 3 exchanges are available on the Lim & Tan Online Trading Platform/ Mobile Apps:
Online Trading Platform
Mobile Apps
US STOCK MARKET INDEXES
In Singapore, we have the Straits Times Index (STI Index) as our most-widely used index.
In the US, the most broadly followed indexes are the S&P 500, Dow Jones Industrial Average and Nasdaq Composite. These indexes can be readily found on news websites such as CNBC, Bloomberg, Reuters, CNN, Market Watch. I generally like to use CNBC.
Read more about the 3 indexes here: An Introduction to U.S. Stock Market Indexes
These indexes can also be easily found on our Online Trading Platform:
Online Trading Platform
Alternatively, you may also access info on the indices via the US Research tab:
Online Trading Platform
HOW TO SEARCH FOR A US STOCK
For example, you would like to add the stock Apple in your watchlist. Usually, through Google or Yahoo Finance, you will be able to see which US stock market it is trading in.
On the Lim & Tan platform, you can easily search via stock name or stock code. If you are unsure of the market, you can simply select All US Markets.
Online Trading Platform
Mobile Apps
Placing order is similar to SG Market.
Find user guides here.
Some things to take note:
- Settlement currency: You will have to choose the settlement currency, either USD or SGD (currency you want to pay or receive in). Default is USD.
- Refrain from chasing prices: US stock prices move very fast, *blink your eyes* It is not recommended to chase prices, because the speed at which prices change is faster than the blink of your eyes. Hence, it is not recommended to cancel orders to change prices because sometimes your order can become fulfilled while you are trying to cancel it.
Online Trading Platform
Mobile Apps
Next, I recommend you to read the article: How To Find US Stock Info on Lim & Tan
Also, I recommend you to run through the US Market FAQ on Lim Tan website, it contains lots of useful information.
You may want to read:
- How To Activate US & HK Market Trading Account
- How To Find US Stock Info on Lim & Tan
- Where To Check For Exchange Rates on Lim Tan Platform
- Your Trust Account: Everything You Need To Know
- See all US Market articles
- See all Tutorials