- At least 18 years old
- Is not an undischarged bankrupt
- Hold a bank account with one of the banks, DBS/POSB, OCBC, Citibank, HSBC, Maybank, UOB, or Standard Chartered Bank.
It’s never too early to start investing. Perhaps you’ve managed to save a sum of money and want to get started in trading. This begs the next question – how does one even get started? Fret not. Our handy guide will cover all you need to know about making your first stock market investment.
What is a CDP account?
The Central Depository (CDP) account is operated by the Singapore Stock Exchange (SGX). It provides integrated clearing, settlement and depository services for people in the Singapore securities market. This includes both fixed income instruments and equities.
If you do not want to hold your own investments, you can opt for a custodian account.
Who is eligible?
In order to start a CDP account, you must fulfill the criteria below:
