Singapore Exchange (SGX) will hold its first-ever SGX My First Stock Carnival, as part of a campaign to educate new investors and encourage them to start investing. The campaign comprises a fun-filled carnival this weekend (6 to 8 February), digital initiatives including an interactive online tool, the launch of SGX Mobile App as well as a weekly radio programme.
Recent retail investment trends have shown that almost one-third of new retail CDP account holders are under the age of 25. Targeted at NIBIs (Not Invested But Interested) aged 18 – 30 years old, the SGX My First Stock Carnival takes a hands-on, user-friendly approach to educate investors on how to get started on investing. A Resource Centre will be set up at the carnival to provide information and tools for investing, and SGX staff will show participants how to select their first investment. Participants will be given a My First Stock Guidebook to help them learn about investing. Six brokers will also be on hand to help investors open accounts and activate their first transaction, and share about their fee promotions to support smaller board lots.
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