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What is the securities margin financing policy for DBS Vickers Securities? What terms and conditions apply i.e. interest rates/valuation of marginable securities?

April 26, 2017Conditions DBS financing interest rates margin policy securities terms valuation Vickers

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What is the securities margin financing policy for DBS Vickers Securities? What terms and conditions apply i.e. interest rates/valuation of marginable securities?

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The securities margin financing policy DBS Vickers Securities adopts is in accordance with SGX Rules ie. initial margin of 150%, margin call of 140% and force-selling of 130%. The prevailing interest rate charged on debit balances under margin financing is 6.00% p.a.* The valuation of marginable securities shall be determined based on various factors including market capitalisation, liquidity and volatility. Please call your broker for more information regarding securities margin financing. *Terms and conditions apply. Interest rate is subject to change without prior notice.