Singapore Depository Receipts (SDR)

Global Stocks, Made More Accessible on SGX

What are Singapore Depository Receipts (SDR)?

Singapore Depository Receipts (SDR) are instruments each representing beneficial interest in an underlying security listed on an overseas exchange.

Global Access

Invest in overseas listed companies via SDR through a single marketplace - SGX-ST.

Cost Simplification

Local brokerage and exchange fees applies. No additional overseas trading fees, foreign exchange fees, or management fees.

Convenience

Traded, cleared and settled during SGX-ST market hours in Singapore dollars.

CDP Custody

SDR are custodised with CDP.

Flexibility

Abilityto convert between SDR and underlying securities via the Issuance & Cancellation Process.

Transparency

Announcements on corporate action events relating to SDR will be published on the SGX website.

Trade global giants as SDR on SGX at 0.08% with no minimum commission on NOVA now!

No minimum funding.

How Do SDR Work?

Each SDR is backed by a security listed on an overseas exchange, desposited with a custodian in the home market.

Underlying securities are registered in the name of the custodian and held for benefit of the SDR issuer.

SDR issuer issues SDR for trading on SGX-ST and facilitates conversion between SDR and underlying securities.

SDR trade according to SGX-ST market rules. Terms and conditions of the SDR are set out in a programme disclosure document.

SDR investors have beneficial interest and are entitled to certain benefits attached to the underlying securities.

Each SDR is backed by a security listed on an overseas exchange, desposited with a custodian in the home market.

Underlying securities are registered in the name of the custodian and held for benefit of the SDR issuer.

SDR issuer issues SDR for trading on SGX-ST and facilitates conversion between SDR and underlying securities.

SDR trade according to SGX-ST market rules. Terms and conditions of the SDR are set out in a programme disclosure document.

SDR investors have beneficial interest and are entitled to certain benefits attached to the underlying securities.

List of SGX SDR

USA

ASSET	TICKER	COUNTER NAME	COLLATERAL HAIRCUT
Stock	UGBD	Grab US SDR 2to1	N.A.
	UGGD	Sea US SDR 50to1	N.A.
	UXSD	SpaceX US SDR 100to1	N.A.

Hong Kong

ASSET	TICKER	COUNTER NAME	COLLATERAL HAIRCUT
Stock	HBBD	Alibaba HK SDR 5to1	50%
	HBND	Bank of CN HK SDR 1to1	30%
	HCCD	CATL HK SDR 30to1	50%
	HMTD	Meituan HK SDR 5to1	50%
	HPAD	Ping An Insurance HK SDR 2to1	30%
	HPPD	Pop Mart HK SDR 20to1	50%
	HSHD	HSBC HK SDR 5to1	30%
	HTCD	Tencent HK SDR 10to1	30%
	HXXD	Xiaomi HK SDR 2to1	30%
	HYDD	BYD HK SDR 10to1	30%
	HPCD	PetroChina HK SDR 1to2	N.A.
	HHZD	Horizon Robotics HK SDR 1to1	N.A.
	HGMD	Geely Automobile HK SDR 2to1	N.A.
	HCMD	China Mobile HK SDR 5to1	N.A.
	HKUD	Kuaishou Technology HK SDR 5to1	N.A.
	HSMD	SMIC HK SDR 5to1	N.A.
	HBUD	Baidu HK SDR 10to1	>N.A.
	HJDD	JD HK SDR 10to1	N.A.
	HUUD	UBTECH HK SDR 10to1	N.A.
	HZGD	Zijin Gold HK SDR 10to1	N.A.
	HLPD	Laopu Gold HK SDR 50to1	N.A.
	HTGD	Trip.com HK SDR 50to1	N.A.

Thailand

ASSET	TICKER	COUNTER NAME	COLLATERAL HAIRCUT
Stock	TBDD	BDMS TH SDR 1to2	N.A.
	TPFD	CP FOODS TH SDR 1to2	N.A.
	TCPD	CP ALL TH SDR 1to1	50%
	TGUD	GULF DEV TH SDR 1to1	N.A.
	TATD	Airports of Thailand TH SDR 1to1	50%
	TPED	PTTEP TH SDR 1to1	50%
	TKKD	Kasikorn Bank TH SDR 1to1	N.A.
	TDED	Delta TH SDR 1to1	N.A.
	TADD	AIS TH SDR 10to1	N.A.
	TSCD	Siam Cement TH SDR 10to1	N.A.

Indonesia

ASSET	TICKER	COUNTER NAME	COLLATERAL HAIRCUT
Stock	ITKD	Telkom Indonesia ID SDR 1to5	N.A.
	IBKD	Bank Central Asia ID SDR 1to2	N.A.
	IICD	Indofood CBP ID SDR 1to2	N.A.

USA

TICKER	COUNTER NAME	COLLATERAL HAIRCUT
UGBD	Grab US SDR 2to1	N.A.
UGGD	Sea US SDR 50to1	N.A.
UXSD	SpaceX US SDR 100to1	N.A.

Hong Kong

TICKER	COUNTER NAME	COLLATERAL HAIRCUT
HBBD	Alibaba HK SDR 5to1	50%
HBND	Bank of CN HK SDR 1to1	40%
HCCD	CATL HK SDR 30to1	50%
HMTD	Meituan HK SDR 5to1	50%
HPAD	Ping An Insurance HK SDR 2to1	40%
HPPD	Pop Mart HK SDR 20to1	50%
HSHD	HSBC HK SDR 5to1	40%
HTCD	Tencent HK SDR 10to1	40%
HXXD	Xiaomi HK SDR 2to1	40%
HYDD	BYD HK SDR 10to1	40%
HPCD	PetroChina HK SDR 1to2	N.A.
HHZD	Horizon Robotics HK SDR 1to1	N.A.
HGMD	Geely Automobile HK SDR 2to1	N.A.
HCMD	China Mobile HK SDR 5to1	N.A.
HKUD	Kuaishou Technology HK SDR 5to1	N.A.
HSMD	SMIC HK SDR 5to1	N.A.
HBUD	Baidu HK SDR 10to1	>N.A.
HJDD	JD HK SDR 10to1	N.A.
HUUD	UBTECH HK SDR 10to1	N.A.
HZGD	Zijin Gold HK SDR 10to1	N.A.
HLPD	Laopu Gold HK SDR 50to1	N.A.
HTGD	Trip.com HK SDR 50to1	N.A.

Thailand

TICKER	COUNTER NAME	COLLATERAL HAIRCUT
TBDD	BDMS TH SDR 1to2	N.A.
TPFD	CP FOODS TH SDR 1to2	N.A.
TCPD	CP ALL TH SDR 1to1	50%
TGUD	GULF DEV TH SDR 1to1	N.A.
TATD	Airports of Thailand TH SDR 1to1	50%
TPED	PTTEP TH SDR 1to1	50%
TKKD	Kasikorn Bank TH SDR 1to1	N.A.
TDED	Delta TH SDR 1to1	N.A.
TADD	AIS TH SDR 10to1	N.A.
TSCD	Siam Cement TH SDR 10to1	N.A.

Indonesia

TICKER	COUNTER NAME	COLLATERAL HAIRCUT
ITKD	Telkom Indonesia ID SDR 1to5	N.A.
IBKD	Bank Central Asia ID SDR 1to2	N.A.
IICD	Indofood CBP ID SDR 1to2	N.A.

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