SHARE MARGIN FINANCING PROMOTION (01012012) Related Links
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NEW! Share Margin Promotion


Enjoy fantastic brokerage rebate bundled with irresistible interest rates when you sign-up for a NEW Share Margin Financing Account today!



 HIGHLIGHTS

Promotion applies to NEW Margin Financing Accounts opened during the period 1 January 2012 to
31 March 2012. Validity period for promotional interest and brokerage rebate is from the date of account opening.

 

1. PROMOTIONAL BROKERAGE REBATES
Account Type
Promotional Brokerage Rebate5
Validity Period
New Broker-Assisted or Online Trading Margin Financing Accounts
15%

Does not apply to contracts charged at minimum brokerage.

 
3 months from date account opened within the promotion period from
1 January 2012 to 31 March 2012 inclusive.

 

2. PROMOTIONAL INTEREST RATE

Account Type

Promotional Interest Rate4

Validity Period

Amount Drawdown

New Broker-Assisted or Online Trading
Margin Financing Accounts

3% p.a.

first 3 months from date of account opening

up to S$500,000

4.5% p.a.

subsequent 3 months

 

These rates will apply if margin portfolio comprise of at least 80% in Qualifying Stocks*

2.75% p.a.

first 3 months from date of account opening

up to S$500,000

4.25% p.a.

subsequent 3 months

* Qualifying Stocks are selected from the list of stocks on the Singapore Exchange, including all STI component stocks.
Click to display the list.


3. OTHER PROMOTIONAL BENEFITS

  1. One-time waiver of transfer fees for up to 5 SGX counters ($10.70 per counter);,
  2. Low minimum deposit requirement of S$5,000 cash or $10,000 marginable securities with financing of up to 3.5 times the amount of cash collateral or 2.5 times the amount of marginable securities;
  3. Daily update of your Share Margin Financing Account portfolio via email.

Margin REFINANCING clients from other financial institutions are entitled to this
promotion too!

 

Terms & Conditions

    1. This promotion is not applicable for clients on any other concurrent Margin promotional schemes.

    2. Only New Share Margin Financing Accounts opened during the period from 1 January 2012 to 31 March 2012 will be eligible for the promotion.

    3. All buy orders of the same stock fulfilled on the same day will be amalgamated into one contract. The same applies for all sales orders of the same stock fulfilled on the same day.

    4. Promotional interest rates of 3% p.a. and 4.5%p.a. are applicable in the form of interest rebates for the first 3 months and the subsequent 3 months respectively from date of account opening and for monthly average drawdown of up to $500,000.  For accounts with portfolio comprising of at least 80% in Qualifying Stocks over the validity period, the applicable promotional interest rates are 2.75% p.a. and 4.25% p.a. respectively. Thereafter, the prevailing interest rate of 6%p.a. shall apply.

    5. Contract note will be charged at Standard Brokerage rates.  Rebates for both brokerage and interest ,will be credited to the Share Margin Financing Account in the following calendar month.

    6. The Management reserves the right to change the terms and conditions at any time including the withdrawal of the promotion without prior notice. Other terms and conditions apply.