Samsung Securities Launches Industry-First Online Trading Service for Singapore Stocks

Starting February, Singapore Stock Online Trading Service Launch
Online Trading Fee 0.25%, More Than Half Cheaper Than Existing Offline Fees

[Asia Economy Reporter Song Hwajeong] Samsung Securities announced on the 13th that it will provide the industry's first online trading service for the Singapore stock market.

Samsung Securities explained that it decided to introduce this service because it focused on the fact that attractive REITs (Real Estate Investment Trusts) in terms of market size and dividend yield are listed on the Singapore stock market. With the introduction of this online trading service, investors can conveniently trade Singapore stocks anytime and anywhere, and the commission fee is also available at 0.25%, which is more than half cheaper than the existing offline fee.

The biggest advantage of REITs, considered the most attractive investment destination in the Singapore stock market, is their high dividend yield. The average dividend yield of REITs listed on the Singapore stock market exceeds 6%, boasting about 50% higher than the dividend yields of advanced global REIT countries such as the United States and Japan, which are around 4%. The investment targets are also diverse; as of the end of last year, there were 42 REITs listed on the Singapore stock market, and the market capitalization of these REITs accounts for about 14% of the total market capitalization of the Singapore stock market. This is 35 times the size of REITs listed in the Korean market and ranks fifth globally after the United States, Japan, Australia, and Canada.

Seo Jongbeom, head of the Global Sales Strategy Team at Samsung Securities, said, “In a situation where it is becoming increasingly difficult to obtain attractive investment returns due to prolonged low interest rates and low growth, online investment in Singapore REITs with high dividend appeal will be an excellent investment alternative for customers.” He added, “We will continue to make our best efforts to discover excellent products and services to proactively provide various products suitable for the ultra-low interest rate era.”

Samsung Securities will hold a free event for real-time Singapore stock quotes for all users until the end of this year in line with the launch of the Singapore online service. Applications for real-time Singapore stock quotes and trading are available on the Samsung Securities website, Samsung Securities Home Trading System (HTS), and mobile app (mPOP). For more details, please check with the Samsung Securities Customer Center.

This content was produced with the assistance of AI translation services.