Frequently Asked Questions
Securities Lending
How can I participate as an eligible lender?
Your securities custodised with Phillip Securities will be eligible for our Securities Lending services, unless you have provided standing instructions to opt-out of this service.
Agency lending is possible by distinct agreement with Phillip Securities, as required by Reg 33 read with Reg 45(1)(b).
Other faq that might help you
- Who can participate in Securities Lending?
- Can I lend my securities which are bought using a CPF investment account?
- How do I check if my securities are eligible for lending?
- Is there a minimum quantity of each security I need to have to be eligible?
- How long will my securities be lent out for?
- How do I know which securities I have lent?
- What is the lending rate I will get for lending my securities?
- How is the lending fee computed?
- How will the lending fee be paid?
- Can I sell my securities even if they are lent out?
- Can I recall my loaned securities?
- Will I still be entitled to corporate actions such as dividends, bonus securities and rights issues?
- Can I use my SBL account to buy securities?
- What is the risk to a lender?
- Do I need to notify changes in my shareholding according to the requirement in the Companies Act if I am a substantial shareholder participating in securities lending program?
- What are the tax implications of securities lending?
- How do I opt-out of Securities Lending?
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