Announcements

Dear Valued Clients,

Effective 28th October 2025, you will no longer be able to initiate new positions on Straits Time Index SGD5 CFD.

The Straits Times Index SGD 5 CFD will be decommissioned and removed from trading  officially on 28th November 2025 at 5pm (SGT). Clients with positions in Straits Time Index SGD 5 CFD are required to close their Straits Time Index SGD 5 positions by 28th November 2025 at 4pm (SGT).

Sorry for the inconvenience and thank you for the support of our Straits Times Index SGD 5 CFD contract.

Updated 28th October 2025, 5:45 pm

Please be informed that starting from 27 Sep 2024, Fri, CFD finance charges on POEMS will be realised daily and reflected in your CFD transaction history (Login to POEMS > CFD > Transaction History).

Kindly note that any finance charges incurred over the weekend will be realised at the end of the coming Monday.

Additionally, any unrealised CFD finance charges accrued till 26 Sep 2024, Thu, on POEMS will be realised on 27 Sep 2024, Fri.

Dear Clients,

Please be advised that the following fees will be applied when making USD withdrawals from a POEMS CFD Account effective from 1st July 2024:

-USD Cheque Issuance Fee: SGD5 (subject to GST)

-Cheque Returned/Rejected Handling Fee: SGD50 (subject to GST)

To avoid these fees, we strongly encourage you to explore our paperless alternatives.

Kindly also note that clients with DBS Multi-Currency bank accounts as their EPS/GIRO linked account can now withdraw AUD, EURO, GBP, HKD, and USD cash balances from their trading accounts into their DBS MCA.

Clients are to ensure that their DBS multi-currency ledger supports the currency to avoid forced currency conversion at the bank's bond rate, which is IRREVERSIBLE.