A Visit to OCBC in Singapore - Office Found

Reason for this visit

As the product of a merger of the former Singapore Stock Exchange and the Singapore International Monetary Exchange (SIMEX), Singapore Exchange (SGX) is the only stock exchange in Singapore, and also the first stock exchange enabling electronic trading in Asia. In terms of market regulation, the Monetary Authority of Singapore (MAS) is the primary regulator responsible for formulating and enforcing stock market policies and rules. In recent years, driven by financial technology, with service fees declining, it has become extremely convenient to invest in stocks in Singapore, appealing to a large number of retail investors into the market. As a result, an increasing number of international brokers start to focus on the country. Overall, Singapore is a globally important financial center, and the local stock market is growing steadily in size and regulation, with sufficient liquidity and enhanced market confidence. In an attempt to help investors to get a more comprehensive understanding of current brokers in Singapore, WikiStock survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Singapore to visit broker OCBC as planned according to its regulatory address that 18 Church Street #01-00 OCBC Centre South Singapore 049479.

The investigators arrived at 18 Church Street in Singapore for a visit to the brokers office on December 10, 2023, and located OCBC Centre South, a modern 7-storey commercial building. In close proximity to Raffles Place MRT station, the building boasts a coveted location easily accessible via public transports.

Upon access to the building for further investigation, the survey personnel spotted a lobby directory, which displayed the company name and logo of OCBC. In additionally, the entire building is owned by the bank, and the various departments of the company are situated in different suites on each floor. In the meantime, broker OCBC is located on the ground floor.

Through the on-side investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Singapore to visit broker OCBC as scheduled, and found the companys name at its regulatory address. This denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make a judicious decision following an overall consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.