Promotion

DLC’s 5th Anniversary Promotion is here!

Receive S$200* Cash Credit when you trade DLCs with us now!

1. New to DLCs

You must not have traded any DLCs from 1 Mar 21 to 6 Mar 22. Promotion period is from 7 March 2022 to 30 July 2022.

 

2. Trade DLCs

Be the first 100 eligible clients to complete either of the following:
Execute 5 online transactions of DLC OR Execute 2 online transactions of DLC tracking the US Market.

 

3. Receive S$200!

Should you qualify, expect the S$200* to be credited into your qualified Account by 30 September 2022.

*T&Cs Apply.

 

Webinars

 

 

Frequently Asked Questions(FAQ)

 

Daily Leveraged Certificates (DLCs) are a form of structured financial instrument issued by banks and traded on the securities market. DLCs offer investors fixed leverage of up to 7 times the daily performance of the underlying index, be it a rising or falling market. The basic principle is simple – if the underlying moves by 1% from its closing price of the previous trading day, the value of the 7x DLC will move by 7%.

For more information on DLC, please click here.

More information can also be found on Societe Generale’s DLC website here.

You can identify the Issuer from the DLC name. Let’s use the counter Tencent for example. DIHW – Tencent 5xLongSG231214

DIHW Counter Code
Tencent Underlying
5x Leverage Factor
Long Long/Short
SG Issuer (SG = Societe Generale)
231214 Expiry Date (YYMMDD)

Do note that this promotion is in collaboration with Societe Generale, thus only Societe Generale DLCs will be counted for this promotion.

Clients with a POEMS Account that has not traded DLCs from 1 Mar 21 to 6 Mar 22 will be eligible for this promotion. Only the first 100 eligible accounts that either executed 5 online transactions of Societe Generale’s DLC or executed 2 online transactions of Societe Generale’s DLC tracking the U.S. market indices.

Should you qualify for the reward, you should expect to see it directly credited to your POEMS Account by 30 September 2022.

No. Each client is only eligible to claim the reward once despite having multiple accounts. Please see example below.

Example:

Client A has accounts 1234567 & 2345678 with POEMS and both accounts have not traded DLCs from 1 Mar 21 to 6 Mar 22. Client A executed 3 contracts of Societe Generale DLCs on account 1234567 on 5th March 22 and executed 3 contracts of Societe Generale DLCs on account 2345678 on 7th March 22. Assuming that both accounts are within the first 100, Client A will qualify for the reward based on the account that trades the 3 DLCs first. In this case, Client A will receive S$200 into his POEMS Account 1234567.

 

Terms & Conditions

 

  1. This promotion will award Eligible Accounts with S$200 Cash Credit (“Reward”) to the first 100 Accounts that fulfill either of the following 2 criteria from 7 March 2022 to 30 July 2022 (the “Promotion Period”).
    1. Execute at least FIVE online transactions on Daily Leverage Certificates (“DLC”) issued by Societe Generale OR
    2. Execute at least TWO online transactions on Daily Leverage Certificates (“DLC”) tracking the U.S. market indices issued by Societe Generale.
  2. Eligible Accounts refers to Customers that have not traded DLC with Phillip Securities Pte Ltd from 1 March 2021 to 6 March 2022. These Accounts can be new or existing Accounts.
  3. To be eligible for the reward, these Accounts have to be Cash Plus, Margin (M), Custodian (C), Prepaid (CC), Cash Management (KC) and Share Financing (V) Accounts.
  4. Each Customer will only be able to claim the Reward once. Customer(s) with multiple Accounts will not qualify for the reward more than once.
  5. Reward will be credited to Eligible Accounts by 30 September 2022.
  6. The following persons are not eligible for this promotion, unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
    1. PSPL institutional customers and corporate customers
    2. PSPL account holders whose accounts have been suspended, cancelled or terminated
    3. PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives including their spouse and direct family members.
  7. In the event of a dispute over the customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  8. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.
  9. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.