Notice: Change in Margin (M) Accounts and Prepaid (CC) Accounts

Please be informed that the following changes will take effect on 19 July 2019:

(i) Contracts for Margin accounts will be settled on due date. In case of public holiday, contracts will be settled on the following business date;
(ii) Contra facility will not be available for Margin and Prepaid accounts;
(iii) New margin computation method will be applied.

Please refer to www.poems.com.sg >FAQs > General > Information Sheets > Phillip Investment Account Margin (M) for more information.