Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving...
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STI Warrants Trading Tips

Do you trade STI warrants? This is a high risk high reward instrument. Unless you have the necessary tools and techniques, it is risky to trade. It is for trading, not for investment as it's price decays overtime.

Just want to share my observations trading and monitoring STI warrants:


  1. I prefer to trade STI warrants issued by SGA as I find the pricing is reliable. Other market makers might use their own method for calculating STI, so their pricing might not follow the STI value you see. Also price movements don't really track STI correctly, but not for SGA.
  2. High volumes of STI warrants traded – due to people short selling either the call or put warrants when STI moves in the reverse direction. Why? They can make money faster as 1 bid = 4-6 STI points. Whichever warrant price jumps 1 bid faster, they will short/long that warrant. They buy in 200k to 300k lots, take profit every 1-2 bids.
  3. Trade warrants which are in the money or near the money because can make money faster, as explained in item 2 above.
  4. Choose warrants 2 months before expiry, stop trading 2 weeks before expiry.
  5. If you can read STI direction correctly, holding it overnight can make big profits when STI gap up or gap down. But very risky.


Are you aware of the above?

In Part 2, I'll share with you tools I use. Me no expert in warrants trading, just sharing my observations lah.

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