Singapore Investors who are looking to open a brokerage account will find a wide variety of choices. In this article, we run you through the main things you should be looking at when picking a brokerage:
Price Reliability Access to Research Platform Ease of Use Opening a Brokerage Account for Singapore InvestorsCDP and Custodian Explained
There are two main routes to share ownership for Singapore stocks specifically – the Custodian System and holding them in your CDP (Central Depository).
Essentially with a CDP system, the shares go into your CDP account and you are the legal ownership of the shares.
You get to attend AGMS, will receive Annual Reports & Circulars and If you are a top 20 Shareholder, your name will appear under the top 20 shareholder list.
With a custodian account, the brokerage is the legal owner of the shares and they hold it on
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