Investing has been catching the attention of Singaporeans nowadays, especially now that Singapore Exchange has finally introduced a minimum trading price (MTP) for Mainboard companies. More investors can now access SGX, if you are a beginner, here are some things you should know.
SGX Singapore Exchange Ltd
On 1 December 1999, the SGX was founded as a holding company which eventually took over the stocks of Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services Pte Ltd (SCCS). SGX then issued SGX shares to the existing shareholders of the three companies.
SGX currently provides depository, listing, clearing, trading, settlement and data services. Presently with 90% of listed bonds and 40% of listed companies outside Singapore, SGX is the most internationally connected exchange.
SGX Singapore Stock Exchange Prices
The Market Price is the most current price the asset or service can either be sold or bought. Greatly dependent on the supply and demand forces involved in the market, the price depends on how the traders, dealers and investors interact with each other. The difference of bid and ask is called the spread. The more buyers, the higher will be the bid due to increased demand.
The trade involves selling and buying. The traders buy the stock from the dealers, however this does not necessarily means that the dealers own the stock. Oftentimes, the dealer only represents other traders who specify the order limit. The dealer logs the order in the order book until the market finally reaches the order price and then the dealer will execute the order. The dealer can quote the market price with bid and ask price. The ask is always higher than the bid, because the ask price will be the selling price and the bid is the buying price.
Straits Times Index (STI), keeps track of the market capitalization of the SGX top 30 companies.
Performance of Top 30 companies for the past 5 Years according to market price:
SGX Academy Singapore
SGX gives education and professional training to investors in various levels, from beginners to professional. With the aim to give investors the right knowledge to enhance their capabilities to be traders, SGX Academy continuously creates programmes and E-trainings. You can also watch videos for free basic e- trainings in sgxacademy.com.
For beginner investors, SGX teaches the fundamentals of investing. As for the Intermediate Investors, they can learn various method of investing and instruments they can utilize. SGX also has other programmes for savvy investors such as lessons on instruments and techniques they can use to future grow their investments.
SGX News Singapore
- SGXNews via XML
Corporate statements and actions are delivered in real time through the client’s system interface. To help the clients understand the news and easily get the most important in information, the statements have integrated a consistent structure in ISO20022 standard format. This way, the crucial information can be spread quickly to concerned investors and traders. This is ideal for is ideal for information vendors, institutions trading firms and independent software vendors.
- SGXNews vis SWIFT Network
SGXnews utilizes the SWIFT Network using ISO15022 standards to keep clients aware of corporate events. Broadcasting 37 different types of corporate action events, this assists the end users to accurately process their market events and ultimately lessen the operational risks, making it ideal for wealth managers and central securities depository/custodian service providers.
- SGXNews – EOD Corporate Actions
This is designed to support the client’s Straight Through Processing (STP) environment. Dissemination of data can be very cost effective as it is delivered through e-mails. This is for those who are not using the SWIFT and anyone who wants to get the golden information that can potentially affect their portfolio.
SGX Catalist Board Singapore Stock Exchange
Catalist companies are directly under the supervision of sponsors which are experienced companies when it comes to corporate finance. The catalyst has been created to support companies seeking be fast-growing enterprises. The initial list of the Catalist is presented by qualified sponsors through an initial public offering (IPO), in short, it is the sponsors who create the list with the use of their own criteria.
Catalist Listing Requirements
|Review of Listing Documents||Sponsor & SGX|
|Quantitative Requirements||No minimum quantitative criteria required by SGX – Sponsors will use their own house deal selection criteria. Adequate amount of Indicated Resources for a minerals company and contingent Resources for an Oil & Gas company are required.|
|MOG Requirements||Admission standards for MOG listing aspirants that are not in production
A MOG listing aspirant that is not in production seeking a listing has to satisfy the following conditions
Requirements for all MOG companies
|Independent Directors||2 independent directors (minimum of 1 Singapore resident independent director for Foreign Companies).|
|Accounting Standard||Singapore, US or International Accounting Standards.|
|Domicile||At the discretion of the issuer.|
|Business Operations||No requirement for operations in Singapore.|
|Variable Rate Per S$ million||S$100|
|Variable Rate Per S$ million||S$25|
SGX Singapore Address
2 Shenton Way,
#02-02 SGX Centre 1,
11 North Buona
#06-07 The Metropolis Tower 2,
Tel. +65 6236 8888
Fax. +65 6535 6994
9 North Buona Vista Drive
#01-19/20 The Metropolis
Tel. +65 6535 7511
Fax. +65 6535 0775
No. 6 Wudinghou Street, Excel Centre,
Unit 1905-A Xicheng District,
Beijing 100032, China
Tel: +86 10 6629 0660
Fax: +86 10 6629 0110
No. 168 Yincheng Zhong Road,
Room 25 and 26, 21F, Bank of Shanghai Tower,
Pudong Shanghai 200120, China
Tel: +86 21 5116 7230
Fax: +86 21 5116 7116
Europe & N.America
12 Floor, 30 Crown Place,
London EC2A 4EB
Tel: +44 207 856 2507
Unit 12B, 12/F
No. 33 Des Voeux Road Central
Tel:+852 2236 3000
The HUB 17th Floor, Tower 2B,
One India Bulls Centre,
Senapati Bapat Marg,
Tel: + 22 6189 9845
Fax: +22 6189 9900
Level 27, Shiroyama Trust Tower,
4-3-1 Toranomon, Minato-ku, Tokyo
Tel: +81 3 5403 4680
Fax: +81 3 5403 4646
SGX Customer Service
Monday to Friday 8.30am to 5.00pm
Saturday 9.00am to 12.30pm
Closed on Sundays & Public Holidays (65) 6535 7511
SGX CDP Customer Service
Monday to Friday 8.30am to 5.00pm
Saturday 9.00am to 12.30pm
Closed on Sundays & Public Holidays
SGX Singapore Careers
SSGX is currently in need of individuals who can fill in the spot of the following postions.
- Assistant Vice President, Business Planning and Analysis (6 months contract)
- Assistant Vice President/ Vice President, Media Communications (9 Months Contract)
- Assistant Vice President/Senior Associate, Investor Services
- Client Manager for Institutional Brokers/Members
- Corporate Secretariat, Compliance & Risk Management Executive
- Customer Onboarding Specialist (12 months contract)
- Fixed Income Sales Specialist
- FX Specialist
- Head of Compliance
- Index Product Development
- Senior Associate, IT Auditor
- Senior Associate/ Assistant Vice President, Market Surveillance (DT)
- Vice President, Business Planning & Analysis
If you want to gain a wide exposure to SGX, potentially have an attachment with one of the senior management office or get a cahne to work with other SGX external industry partners, then you can join the SGX Management Associate Programme (Open Track). The industry is vast, you can use the program to know which area can be you niche as you will be tasked to personally participate in business projects and special assignments. You will delve with the perspective of the organization and the financial industry.
A sample rotation schedule in the MA Programme (Open Track):
If you are a fresh graduate interested in capital marketing, you can try the SGX Management Associate (Technology Track) Programme. The 2-year rotation programme is designed to give you exposure in technical and business understanding of the company. With a senior manager as a mentor, you can have continuous personal guidance. At the end of the program you will be put at the best position suited for you. Just have to submit your resume and wait for the reply to enroll in the program.
If you want to invest in the Singapore Exchange, you have to get to know the basic by enrolling in the SGX academy and researching online. It takes patience, time and money to get involve and start your journey as an investor. There is no better time to start than now. Get a personal loan in Cash Mart and receive your cash within the day to finally make your first investment in SGX.
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