Straits Times Index CFD

Indices

• Straits Times Index CFD
• Hong Kong 40 Index CFD
• Japan 225 Index CFD
• Wall Street Index CFD
• US SP 500 Index CFD
• US Tech 100 Index CFD

As the first to introduce CFDs in Singapore, Phillip Securities is once again proud to be the first brokerage firm to offer Singapore's benchmark Index, the Straits Times Index (STI), for CFD trading.

The Straits Times Index (STI) CFD is a form of Contracts for Difference (CFD) that allows clients to trade the underlying stock index, although the prices may differ from the actual index levels. Take a bullish or bearish view with the STI CFD by going long or short respectively. The STI CFD can be a cost-effective way to diversify your portfolio. And with a leverage of 20 times, use the STI CFD to make your money work harder for you.

Contract Details

CFD (Index)	Commission * Rates subjected to changes. GST on Commission	* Finance Charges * Based on 100% mark-to-market contract value * Rates subjected to changes	Contract Details	Current Promotion (s)
Straits Times Index CFD	S$10 (per side / lot basis)	Long : 5.5% p.a. (DR) Short : 3.0% p.a. (DR) Based on 100% mark-to-market contract value	Margin Requirements: 5% Min Trade Size: 1 Target Spread:1 6 pts Value of 1 Index Point: S$5 Contract Size: S$5 x Price of Index Trading Hours (SGT): 9:01 am – 12:30 pm 2:00 pm – 4:59 pm	From 1 Apr - 31 Dec 2010, All Trades i) Waiver of rollover commission for this index

¹ Please refer to World Indices Infosheet for more information.

To view more trading promotions, visit our Global Rates & Promotions page

Order Types

• Limit Order

Investors can place Limit orders using POEMS and CFDTrader.

Example of Long Trade

A client is bullish on Straits Times Index CFD and buys 1 contract worth S$13,405 at a price of 2,681.
The value of 1 index point is S$5.

Scenario 1:
Positions are closed 4 days later at a higher value. The client sells his position at a price of 2,724.

Scenario 2:
Positions are closed 4 days later at a lower value. The client sells his position at a price of 2,632.

Example of Short Trade

A client is bearish on Straits Times Index CFD and short sells 1 contract worth S$13,565 at a price of 2,713.
The value of 1 index point is S$5.

Scenario 1:
Positions are closed 4 days later at a lower value. The client buys back his position at a price of 2,623.

Scenario 2:
Positions are closed 4 days later at a higher value. The client buys back his position at a price of 2,809.

Index CFD is a highly leveraged trading instrument, and you can lose more than what you put in.

The Straits Times Index CFD (the “Securities”) are not in any way sponsored, endorsed, sold, or promoted by FTSE International Limited,
The London Stock Exchange Plc, The Financial Times Limited, SPH Data Services Pte Ltd, Singapore Press Holdings Ltd or Singapore Exchange
Securities Trading Limited (collectively, the “Index Sponsor”), and the Index Sponsor bears no liability in connection with the administration,
marketing or trading of the Securities. No warranty or representation or guarantee of any kind whatsoever relating to the Straits Times Index (the
“ST Index”) or the Securities is given by the Index Sponsor. Singapore Press Holdings Ltd is entitled to all intellectual property rights in the ST
Index.