Share Financing Account (V)

The Solution For Active Traders
- Up to 80% financing available for 2000 stocks/ ETFs across 11 international markets
- Global shares collateral accepted
- No upfront collateral required
- Contra capability
- Financing available in up to 5 currencies (SGD, USD, GBP, HKD, CNY)
Margin Finder
Note:
- Grade S = 80% Financing in Share Financing Account (V)
- Grade A = 71% Financing, Grade B = 50% Financing
- Warrants will be non-marginable 6 months to their expiry.
Greater Investment Power
The multiplier table below illustrates how much you can leverage to purchase shares, bond and unit trusts based on different types of collateral
Step 2
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Step 1 Step 1
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Collateral Type (Cash, Shares, ETFs) |
GRADE S PURCHASE |
GRADE A PURCHASE |
GRADE B PURCHASE |
GRADE C PURCHASE |
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CASH (S$10,000) |
S$50,000 | S$33,333 | S$20,000 | S$10,000 | |
GRADE S (S$10,000) |
S$40,000 | S$26,664 | S$16,000 | S$8,000 | |
GRADE A (S$10,000) |
S$35,000 | S$23,333 | S$14,000 | S$7,000 | |
GRADE B (S$10,000) |
S$25,000 | S$16,666 | S$10,000 | S$5,000 |
Example 1: Client deposits S$10,000 cash and wishes to purchase Grade S Shares
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Example 2: Client deposits S$10,000 cash and S$10,000 Grade S Shares
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No financing is provided for Grade C shares, you can use your Grade A or Grade B shares as collateral to purchase Grade C shares.
Key Information
Phillip Share Financing (V) Account | |
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Financing Quantum | As low as 20% owner’s equity (80% financing) |
Margin Call Period | 5 Market Days |
Collateral Deposit | Buy first and top up by Due + 1 |
Financing Rates^ |
SGD: 7% p.a. USD: 6% p.a. HKD: 7% p.a. GBP: 4.5% p.a. CNH: 8.25% p.a. |
Markets Available | SG, US, CN, GER, HK, MY, CAN, JP, UK, AU, TH |
Multi-Currency Facility
(All contracts will be settled |
SGD, USD, HKD, CNY & GBP |
Credit Interest
(For Credit Balance > 50K) |
SGD : 0.10% p.a. USD : 0.15% p.a. HKD : 0.10% p.a. |
Securities Lending(SBL) Custodise your shares and earn up to 4% p.a. |
Yes |
^Rates are subject to change from time to time without prior notice