The exchange adopts the following fee schedule for all trading participants.
1. Applicable to all BondBloX Standard and BondbloX Synthetic (unless otherwise expressly stated below)
Trade
Amount/Description
Frequency
Institutional Members Flat rate of $2, in the currency of the BondbloX
Per Transaction
Non-Institutional Members 20 basis points, in the currency of the BondbloX
Per Transaction
Platform Access
Amount/Description
Frequency
Institutional Members 20 basis points per annum, on assets under holdings
Quarterly
Non-Institutional Members 20 basis points per annum, on assets under holdings (capped at US$100 per month)
Monthly
2. Applicable to BondbloX Synthetic with Specified Currency in Bangladeshi Taka, BDT (Note: Fees stated in #1 above do not apply). All Fees stated below are payable in USD.
Trade
Amount/Description
Frequency
Flat rate of $1
Per Transaction
Platform Access
Amount/Description
Frequency
(i) 20 basis points per annum, on assets under holdings
(i) Equity conversion: as charged by Designated Banker/Custodian
Per Transaction
(ii) Sale of converted shares:
BBX processing fee of $200
all fees as charged by local broker
Per Transaction
(iii) FX conversion: as charged by Designated Banker/Custodian
Per Transaction
(iv) Sale of Underlying Bonds in Bangladesh market:
BBX processing fee of $200
all fees as charged by local broker
all fees as charged by local accountant for computation of capital gains and capital gains tax for withholding tax purposes
Per Transaction
Order Types
The exchange currently supports the following order types.
Limit
A limit order is an order which is entered into the order book with both the price (maximum buy price or minimum selling price) and the quantity that a buyer or seller is willing to trade at.
Market
A market order is an order which is entered into the order book with a specified quantity but without a price. It is purely volume-based and has no target price. It is an instruction to trade at the best price currently available in the market.
Other Rules/Policies
The exchange adopts these other rules & policies. Rules and policies may be updated from time to time.
Partial Fill
All orders can be filled partially. The exchange does not support all-or-nothing orders.
Fill-and-kill (only market orders)
Any portion of a market order that can immediately be matched is traded as soon as the order is entered into the orderbook. The rest of the unfilled order will be cancelled.
Order Expiry
All orders may be placed for specific validity dates, up to a default 14 day expiry window. Any portion of the order that is unfilled when the order is expired will be cancelled. Orders may also be cancelled at any point in time.
Order Entry (Market Open)
Order entry is currently only supported during market open.
Cut-off Times for Cash Withdrawals
For both USD and SGD, withdrawal requests submitted before 3pm Singapore Time (GMT +8) on business days will be processed the same day. Otherwise, requests will be processed the next business day.
BondbloX is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.
9:00 - 17:00, Monday to Friday. (Singapore Time, GMT+8)
Holidays
The market observe Singapore holidays listed below for 2022 & 2023.
Public Holiday
Day of the week
Hari Raya Puasa
22 Apr 2023
Saturday
Vesak Day
2 Jun 2023
Friday
Hari Raya Haji
29 Jun 2023
Thursday
Polling Day
1 Sep 2023
Friday
New Year's Day
1 Jan 2022
Saturday
Chinese New Year
1 Feb 2022
2 Feb 2022
Tuesday
Wednesday
Good Friday
15 Apr 2022
Friday
Labour Day
1 May 2022*
2 May 2022 (in lieu)
Sunday
Monday
Hari Raya Puasa
3 May 2022
Tuesday
Vesak Day
15 May 2022*
16 May 2022 (in lieu)
Sunday
Monday
Hari Raya Haji
10 Jul 2022*
11 Jul 2022 (in lieu)
Sunday
Monday
National Day
9 Aug 2022
Tuesday
Deepavali
24 Oct 2022
Monday
Christmas Day
25 Dec 2022*
26 Dec 2022 (in lieu)
Sunday
Monday
Christmas Day
25 Dec 2023
Monday
Deepavali
12 Nov 2023*
13 Nov 2023 (in lieu)
Sunday
Monday
National Day
9 Aug 2023
Wednesday
Labour Day
1 May 2023
Monday
Good Friday
7 Apr 2023
Friday
Chinese New Year
22 Jan 2023*
23 Jan 2023
24 Jan 2023 (in lieu)
Sunday
Monday
Tuesday
New Year's Day
1 Jan 2023*
2 Jan 2023 (in lieu)
Sunday
Monday
Fees
The exchange adopts the following fee schedule for all trading participants.
1. Applicable to all BondBloX Standard and BondbloX Synthetic (unless otherwise expressly stated below)
Fee Type
Amount/Description
Frequency
Trade
Institutional Members Flat rate of $2, in the currency of the BondbloX
Per Transaction
Non-Institutional Members 20 basis points, in the currency of the BondbloX
Per Transaction
Platform Access
Institutional Members 20 basis points per annum, on assets under holdings
Quarterly
Non-Institutional Members 20 basis points per annum, on assets under holdings (capped at US$100 per month)
Monthly
2. Applicable to BondbloX Synthetic with Specified Currency in Bangladeshi Taka, BDT (Note: Fees stated in #1 above do not apply). All Fees stated below are payable in USD.
Fee Type
Amount/Description
Frequency
Trade
Flat rate of $1
Per Transaction
Platform Access
(i) 20 basis points per annum, on assets under holdings
The exchange currently supports the following order types.
Order Type
Description
Limit
A limit order is an order which is entered into the order book with both the price (maximum buy price or minimum selling price) and the quantity that a buyer or seller is willing to trade at
Market
A market order is an order which is entered into the order book with a specified quantity but without a price. It is purely volume-based and has no target price. It is an instruction to trade at the best price currently available in the market.
Other Rules/Policies
The exchange adopts these other rules & policies. Rules and policies may be updated from time to time.
Rules/Policies
Description
Partial Fill
All orders can be filled partially. The exchange does not support all-or-nothing orders.
Fill-and-kill (only market orders)
Any portion of a market order that can immediately be matched is traded as soon as the order is entered into the orderbook. The rest of the unfilled order will be cancelled.
Order Expiry
All orders may be placed for specific validity dates, up to a default 14 day expiry window. Any portion of the order that is unfilled when the order is expired will be cancelled. Orders may also be cancelled at any point in time.
Order Entry (Market Open)
Order entry is currently only supported during market open.
Cut-off Times for Cash Withdrawals
For both USD and SGD, withdrawal requests submitted before 3pm Singapore Time (GMT +8) on business days will be processed the same day. Otherwise, requests will be processed the next business day.
BondbloX is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.