Categorized | Beginning Online Trading, CDP

CDP account

What is the CDP?

The Central Depository (Pte) Limited (CDP) is a subsidiary of the Singapore Exchange Limited (SGX). CDP provides depository, clearing, settlement and computerised book-entry services for securities traded on the Singapore Exchange Securities Trading Limited (SGX-ST).

The CDP provides depository, clearing and book-entry settlement services for the Singapore stock market.

As a depository, CDP provides central nominee services. It is the central party which holds the shares on behalf of investors in CDP securities accounts.

As a clearing house, CDP also clears and settles all transactions in the stock market through its book-entry settlement system. Clearing takes place instantaneously once your trade is executed and we become the central counterparty, so it guarantees the trade for both the buyer and seller. Once CDP receives the details of the matched orders, it settles all trade positions by moving payments and shares to the rightful parties. After which, its book-entry settlement system will reflect all changes in share ownership in the CDP securities accounts concerned.

Q: What other services does CDP offer?
A: The CDP also offers a suite of depository services from account maintenance and custodial services, processing and distribution of entitlements to new issue distribution.

Approach friendly CDP Customer Service Officers at their counters if you have any questions concerning your shares, entitlements and other CDP services.
They’re there to help you to:

Open or close your CDP direct securities account
Deposit and/or withdraw scrips, which are the physical certificates reflecting ownership of your shares
Transfer your shares
Update your personal particulars & change in your signature
Check your latest or backdated shareholding balances
Exercise your rights entitlements
Process your application for CDP services like Direct Crediting Service (DCS), CDP Internet Access and CDP Phone
CDP Customer Service Counters are located at 11 North Buona Vista Drive
#06-07
The Metropolis Tower 2
Singapore 138589

CDP’s counter services are mostly free of charge. However, there are certain administrative costs that are payable for services like deposits, withdrawals and transfers.
New issue distributions (IPOs) are credited into the accounts of successful applicants by the CDP.
Corporate actions will be the company’s distribution of entitlements, if any, to you. Dividends, rights and bonus issues fall under such corporate actions.

18 Responses to “CDP account”

  1. Cathy Ho says:

    Dear Sirs:
    I have a CDP account but I would like to go on line and login to check my account. Please advise how what should l do.

    Thanks
    Cathy

  2. Suhaimi bin Abdul Rashid says:

    Hi
    Please help me to obtain my CDP account number.

    Tkx

  3. JENNY.KIM says:

    how can i open CDP account?
    is there any other condition for foreigner?

  4. Teo Geok Ee says:

    Dear Sir

    I am not sure whether I did open a CDP account before. If I did not open the account before may I know the procedure of opening the account. Can I open the account on line?

    Thanks

    • Admin says:

      CDP account cannot be opened online because CDP needs to verify your documents.

      If you have a stock trading account in Singapore, then you must have a CDP account. If not, I would suggest you give them a call at (65) 6535 7511 before sending in the application form.

      Application form for individual CDP account

      Mail in the application form to :
      The Central Depository (Pte) Limited
      11 North Buona Vista Drive
      #06-07
      The Metropolis Tower 2
      Singapore 138589

  5. I have not been able to use link to CDP Internet Access login in order to view my portfolio since last month. Can CDP look into this matter and advise me. Tks

  6. Ow Sin Kwai says:

    Thank you for re-sending me a new password. As I have never received the One-key Token I cannot access to my CDP account even though I have the password. Your staff did advise me to call One-Key Assurity. A staff there tried to help me with my application for a token but due to technical problem with my pc I could not proceed with the application. Kindly assist.

  7. Cody says:

    Hi
    I am from HK and would like to open a CDP account for a company, would you please advise if it can be done online?

    Thanks
    Cody

  8. Jenny Lam says:

    I am a HK citizen and live in HK. How can I open a CDP account in Singapore?

  9. Laksh says:

    Hi,

    I am looking to transfer Singapore listed shares- custodised outside singapore- with another broker.
    How do i proceed with the transfer from overseas broker ( custodised overseas) to CDP ?

    Thanks.

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