How can I participate as an eligible lender?
You will need to have an SBL account in addition to any other accounts you may have with Phillip Securities. Once you open an SBL account and agree with the terms and conditions of securities borrowing/lending, you will be able to participate as an eligible lender of securities. Do note that Phillip Securities will have to be the appointed custodian of your securities before they can be loaned out. Your securities in all your accounts with Phillip Securities will be eligible for Securities Lending.