As most of you should already knew that MAS( Monetary Authority of Singapore) required you to pass the qualification access for trading of SIPs(Specific Investment Product), with effect on 1st Jan 2012. SIPs including:
Examples of Listed SIPs
i. Certificates
ii. Exchange Traded Funds (ETFs)
iii. Exchange Traded Notes (ETNs)
iv. Futures (including Extended Settlement Contracts)
v. Structured Warrants
vi. Options
vii. Callable Bull / Bear Contracts (CBBCs)
viii. Foreign Listed Securities
An easy to to identify whether the stock you want to trade is a SIP product or not:
At your KE trade platform, when you see the stock name ending with "@", which indicate the counter is a SIP product. Example:
STI ETF@
GLD 10US$@
STI ETF.ES.1202@
STI 3100MBeCW130131@
Tuesday, February 14, 2012
Subscribe to:
Post Comments (Atom)
1 comment:
Specified Investment Products (SIPs) In an effort to ensure that Singapore retail investors have the relevant investment knowledge and experience. gold investment account
Post a Comment