Investing

For decades, Singapore investors have used CDP accounts to hold local shares directly in their names. But with cheaper online brokers and custodian accounts becoming the norm, is CDP still necessary— or is it becoming a relic of the past?

Did you know you can invest in the S&P 500 directly on the Singapore Exchange (SGX) without having to go through a foreign custodian? What’s more, since it is listed on our local exchange, you can even use your own SRS funds for it and own it in your very own CDP account!