Securities Financing

Up to 71% financing available for over

  • 2000 stocks/ETFs across 11 international markets
  • 100 bonds

Financing available in up to 9 currencies

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, ETFs and bonds based on different types of collateral

Step 2
Step 1
Collateral Type
(Cash, Shares, ETFs, Bonds)		 71% Financing
PURCHASE		 50% Financing
PURCHASE		 No Financing
PURCHASE
CASH
(S$10,000)		 S$35,000 S$20,000 S$10,000
71% Financing
(S$10,000)		 S$25,000 S$14,280 S$7,140
50% Financing
(S$10,000)		 S$17,500 S$10,000 S$5,000

Example 1:

Client deposits S$10,000 cash and wishes to purchase "71% Financing" shares

  1. Go vertically down the table, stop at cash (Step 1)
  2. Go horizontally across the table, stop at "71% Financing" Purchase (Step 2)
  3. Client can purchase up to S$35,000 worth of "71% Financing" shares with S$10,000 cash deposit

Example 2:

Client deposits S$10,000 cash and S$10,000 "71% Financing" shares to purchase "50% Financing" shares

  1. Go vertically down the table, stop at cash (Step 1) and go horizontally across the table, stop at "50% Financing" Purchase (Step 2)
  2. Go vertically down the table, stop at "71% Financing" (Step 1) and go horizontally across the table, stop at "50% Financing" Purchase (Step 2)
  3. Client can purchases S$34,280 worth of "71% fFinancing" shares.

You can use your "71% Financing" or "50% Financing" shares as collateral to purchase "No Financing" shares

Key Information

New Infosheet (Effective from 28 January 2022)
Infosheet
Phillip Investment Account – Margin
Financing Quantum As low as 28.57% owner’s equity (71.43% financing)
Margin Call Period 3 Market Days
Collateral Deposit Before trading
Financing Rates
  • SGD
  • USD
  • HKD
  • JPY
  • AUD
  • GBP
  • EUR
  • CAD
  • CNY
    		•
    Markets Available SG, US, CN, HK, MY, CAN, GER, JP, UK, AU, TH
    Multi-Currency Facility

    (All contracts will be settled
    in traded currency unless
    client stated otherwise, no
    auto conversion)    		 SGD, USD, HKD, JPY, MYR, AUD, GBP, CAD, EUR & CNY
    Credit Interest

    (For Credit Balance > 50K)
  • SGD : 0.10% p.a.
  • USD : 0.15% p.a.
  • HKD : 0.10% p.a.
  • AUD : 0.05% p.a.
    		•
    Excess Funds Facility
    Earn on your idle funds.
    1 Year Rolling Return: SGD p.a.* | USD p.a.*
    Return (1 month) Annualised: SGD p.a.# | USD p.a.#

    Rates updated as of
    *Based on 1-year rolling return, NAV/NAV prices.
    #Based on the average rate of annualised returns over the last rolling one month.
    Past performance is not necessarily indicative of future performance. View disclaimer

    		Yes
    Securities Lending(SBL)
    Custodise your shares and earn up to 4% p.a.    		 Yes

    FAQ

    New Margin (M) Information Sheet (Effective from 19 July 2019)

    Those who wish to open a Margin (M) Account must be above the age of 21 years old and must not be blacklisted or found to be delinquent by the Singapore Exchange (SGX) or other securities firms.
    Yes.  Please visit Phillip Investor Centre or contact Trading Representatives.
    No.
    Yes.  Please visit Phillip Investor Centre or contact Trading Representatives.
    No. You would have to transfer the shares into your Margin (M) Account before you can sell them.
    No. You would have to transfer the shares into your Margin (M) Account before you can sell them.
    You can transfer the shares by signing the relevant forms. Please contact your trading representative for a copy of the form.
    It will take around two working days for the shares to be transferred into your Margin (M) Account.
    Your Margin (M) Account will be ready for trading within three working days upon receiving your completed application if all the requirements are met.

    It takes only one day to open an account if all the required documents are submitted and no AML records are found. You can open an account via https://www.poems.com.sg/open-an-account-tr/.

    If you are an existing account holder, please apply for the Margin Account via POEMS > Acct Mgmt > Stocks > online forms > Margin Account Opening. The account should be opened by the next working day.

    Yes. Custodian (C) Account can be converted into a Margin (M) Account by signing the relevant forms. Please contact your trading representative for a copy of the form.
    1. You need to be 21 years and above to open an account with us.
    2. Your account opening documents need to be certified by a public notary, commissioner of oaths, or judicial officer.
    3. You are neither a US citizen nor a bankrupt.

    For documentation, please refer to https://www.poems.com.sg/open-an-account-tr/

    To request for a higher credit limit, the customer is required to contact his/her Trading Representative. The Trading Representative will submit a request to the company for review. This generally takes 3-5 working days for processing. Requests for a substantially higher limit may take longer for review. Upon approval of the new credit limit, the customer will receive a notification from the company.

    For Cash Management, Custodian, Prepaid, Margin, and Cashplus accounts:

    From 26 October 2020, all new accounts will be auto enrolled with this feature. An auto currency conversion process will be performed  at 7.15pm based on prevailing rates to offset any currency in debit balance by utilizing currencies in credit balance according to currency hierarchy set up in our system. The hierarchy of currencies to be utilized for offsetting in descending order: SGD, USD, HKD, CNY, JPY, AUD, GBP, EUR, CAD, & MYR.

    To opt in/out from this facility, please contact your Trading Representative.

     

    For trading accounts that are not opted in for the above feature, clients are required to take the necessary steps to either transfer money into the trading account or submit a currency conversion request to avoid being charged debit interest.

    To view FAQs on trading settlements on Margin Account (M) , click here

    To read the general Risk Disclosure Statement, click here.

    To find out more, chat with us using our Live Chat function.

    Alternatively, you may call us at 6531 1555 or email us at financing@phillip.com.sg

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