Product & services

SBL

 

Securities Borrowing and Lending  (SBL) is a business which deals in securities borrowing and lending transactions between qualified customers in order to cover short selling of cash or credit balance account.

 

CGS-CIMB Securities (Thailand) provides SBL business to enhance investment opportunity and increase return on investment in a market downtrend. The company, serves as a party (Principal) is acting as an intermediary in the supply of securities borrowing and lending to investors.

Why trade this product with CGS-CIMB Securities?

Type of Trading Account

1) Cash and Cash Balance Account

 

2) Credit Balance

Conditions for SBL

 

  • Lending securities must be listed in SET50 which are in the Marginable list of the company and TDEX.
  • The securities lent to the client must be settled.
  • Borrower has to buy back the borrowed securities within T-1 date before corporate action (XD, XR, XM, XW, or Par Value changed) of borrowed securities happen and return them to the company.
  • Short selling price must not be lower than the last trading price at that time. (Zero Plus Tick).
  • Foreign stocks and NVDR cannot be sold short.
  • The maximum amount of time for borrowing is one year, the minimum is one day.
  • The minimum borrowing fee will be charged for 50 baht/day.

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Supported platform

Smart SBL

SBL Real Time System which immediately responds to the needs of borrowers who are expecting the faster and efficiency by randomizing the lending orders to each individual borrower.

FAQs

Short selling price must not be lower than the last trading price at that time. (Zero Plus Tick Rules).

Executing Short and  cover short transaction have to Flag "s" into the trading system.

CGS-CIMB will inform borrowers before 4 working days of corporate action and borrowers have to buy back the borrowed securities within at least 1 working day before corporate action (XD, XR, XM, XW, or Par Value changed) of borrowed securities happen and return them to the company.

Open an account now

Simply contact CGS-CIMB Securities to request for an account opening pack.
 

Remark

Should study product features, condition of returns and risk before making investment decision

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