Last updated on June 16th, 2021
You’ve just received some odd lot shares via a share dividend. However, the minimum lot size for a stock listed on the SGX is 100! So how do you go about selling these odd lots that you own? Here’s a guide to get your started:How to sell odd lot shares on SGX
SGX has a Unit Share Market that allows you to sell any odd lots which are less than the minimum lot size. This is done through various brokers that allow you to trade in the SGX. For Singtel shares, there is actually a Singtel 10 share. This allows you to trade in multiples of 10 instead of multiples of 100! Here is a summary table of how you can sell odd lot shares on the SGX using the various brokers:Broker | Method of Trading | Fees |
---|---|---|
POEMS | Online | 0.28% (Min $25) |
OCBC Securities | Online | 0.275% (Min $25) |
DBS Vickers | Phone |