At Saxo, we don't open CDP account on behalf of Singapore clients. We use a custodian account at HSBC for them to hold SGX products.
FAQ:
I hold Singapore ETF position but when I go to SGX website, I don’t see this holding there in my CDP account. Why is that so?
As your Saxo account does not link to SGX CDP, all Singapore stocks that you have traded in your Saxo account will not be shown in your CDP account. All Singapore stocks that you have traded in Saxo are held with our custodian, HSBC Singapore.
Can I use my CPF/SRS funds to buy Singapore stocks?
No, we do not allow clients to do so as we do not link Saxo accounts to CPF.