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How will my SGX/USX assets be custodised?

SGX Shares are held in custody by the Central Depository (CDP) in a segregated custodian account, in accordance with SGX rules.

Alpaca Securities LLC, a member of the Securities Investor Protection Corporation (SIPC), serves as the sub-custodian for your securities account for US-listed securities only.

In the event that a SIPC-member fails and is placed in liquidation under the Securities Investor Protection Act, SIPC protects the securities customers of its members up to $500,000 (including $250,000 for claims for cash).

However, kindly note that SIPC does not protect against any decline in the value of your securities. For more information, please refer to www.sipc.org.

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