Interactive Brokers (was supposed) to start operations in Singapore from Jan 2020!

Belle69

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Two fingers to all the Singapore brokers.. Can't wait to switch over.

Very careless with their clients money.
 

cassowary18

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are they just brokers? No custodian role right?

For overseas stocks, all along they are the custodian of your stock.

For SGX, remains to be seen whether or not they use CDP or custodian. We don't even know if they will be offering SGX trades.
 

crystalnox

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For overseas stocks, all along they are the custodian of your stock.

For SGX, remains to be seen whether or not they use CDP or custodian. We don't even know if they will be offering SGX trades.

Probably can check with those residing outside of Singapore but buying SGX stocks.
 

tangent314

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It would almost certainly be custodian, with the option to transfer to CDP for a fee
 

kram62

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What are the new perks? If pass away beneficiary can go to sg office to settle matters?
For now, nothing. There's no information whatsoever about any client related ibkr things in SG.

So until and if some credible information shows up, there's no point speculating.
 
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