Margin Account

Margin Advance Rate

Margin advance is 70%. Account holder needs to place 30% collateral, 70% will be loan.

 

Shares Transfer to Margin Account

Shares being transferred to margin account are reflected under ‘Pend In’. When the shares have been transferred, it is reflected under ‘Net Qty’.

 

Client Ledger Report

The report shows the movement of cash to/from margin account.

Shares Transfer from Margin to CDP Account

A fee of SGD$10.70 is payable to the broking house for transfer of shares from the margin to CDP account. No form is required.

 

Updated on 4 June 2018