Showing posts with label Broker. Show all posts
Showing posts with label Broker. Show all posts
Monday, August 24, 2015
How to Buy Singapore Stock (4 Steps)
Open and deposit money into an online stock brokerage account if you do not already have one. If you have an account send in or set aside some money for your Singapore investment. To select a broker, a link to the 'Smart Money' magazine 2010 Broker Survey is provided in Resources.
Look up the current share price for the iShares MSCI Singapore Index ETF which has the stock symbol EWS. Use the quote screen of your online brokerage account, type in EWS, and select 'Get quote.'
Calculate the number of shares of EWS you want to buy. Divide your investment amount by the current EWS share price. Most brokers limit ETF trades to whole share purchases. Round your result to the nearest whole share.
Buy the shares of EWS using your brokerage account stock trade screen. You must enter the stock symbol 'EWS,' the number of shares you want to buy, select 'Buy to open,' and place the order. Your trade should be filled in a few seconds and the shares will show in your account summary.
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