2) Australian (ASX) Stocks
1. Trading Hours
The Australian Market trades from Monday to Friday at the following timing:
Australian Eastern Standard Time (AEST) 10am - 4pm
2. Trading Lot & Bid Size
||Minimum Bid Size
|Up to 0.10 AUD
|0.10 up to 2.00 AUD
|> 2.00 AUD
3. Minimum Trading Unit
The minimum trading unit for Australian stocks is 1 share.
4. Minimum Initial Investment
The initial purchase of any particular shareholdings must be at least $500 worth of shares, known as a 'minimum marketable parcel of shares'. Tiger Brokers may then allow you to purchase smaller amounts of shares to top up existing shareholdings.
5. Intra-Day Trading
Yes, we do allow intra-day trading for Australian stocks.
6. Do we provide short-selling for Australian stocks?
No, we currently do not offer short-selling for Australian stocks.
7. Settlement Date
Australian stocks are currently on a T+2 settlement basis.
8. Do We Offer Australian Derivatives?
No, we do not currently offer Australian derivatives.