For buy orders
- Place market orders by value starting from US$50 (fractional trading available).
For sell orders
- Place market orders by quantity with no minimum requirement.
What is the trading schedule?
UCITS ETFs are listed on the London Stock Exchange (LSE).
- Trading hours: 8:00 AM – 4:30 PM GMT (4:00 PM – 12:30 AM SGT)
- Days: Monday to Friday (excluding LSE holidays).
Please note that Scheduled UCITS orders are not executed in real-time. They are generally executed weekly on Tuesdays.
How are orders processed?
- Order collection
- All buy and sell orders are collected until 10:00 AM SGT every Tuesday.
- Status updates:
- Submitted: Before 10:00 AM SGT Tuesday → you can cancel the order.
- Scheduled: After 10:00 AM SGT Tuesday → order is locked and cannot be canceled.
- Order execution
- Buy orders: Executed using a Time-Weighted Average Price (TWAP) strategy, where orders are spread across Tuesday for fairer pricing.
- Sell orders: Placed as Market-On-Close (MOC) orders to match the market’s closing price for clearer pricing.
What happens if my order fails?
- In rare cases of market disruptions or technical issues, we maintain a one-day buffer to reprocess affected orders.
- If your order isn’t executed on Tuesday, it will be processed by 6:00 PM SGT on Wednesday.
Can I auto-invest in Scheduled UCITS?
- Yes! You can set up auto-invest to schedule recurring UCITS investments, allowing you to benefit from dollar-cost averaging without placing orders manually.
- Auto-invest orders for Scheduled UCITS are executed on the Tuesday following your scheduled investment date.
