Markets

Singapore World Indices CFD

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Phillip CFD is the first and only stock broker providing Straits Times Index CFD in Singapore

As the first to introduce CFDs in Singapore, Phillip Securities is delighted to be the first and only stock broker to offer Singapore’s benchmark Index, the Straits Times Index (STI), with Straits Times Index SGD5 CFD. In addition, investors can now also choose to trade the Singapore market through Singapore Index SGD20 CFD, which tracks the Singapore MSCI Index.

Be part of the action, by tracking the performance of the Singapore market through Straits Times Index SGD5 CFD and Singapore Index SGD20 CFD. Both are forms of Contracts for Difference (CFD) allow clients to trade the underlying indices, although the prices may differ from the actual index levels. With Singapore World Indices CFDs, investors now have the ability to trade on the performance of the benchmark indices, without having to come up with capital to buy every single blue chip counter on the Singapore Exchange (SGX).

Long and Short the market with Singapore World Indices CFD

Whether you have a bullish or bearish view on the Singapore market, you can choose to buy long or sell short the Singapore World Indices CFD conveniently. This provides a cost-effective way to diversify your portfolio. And with a leverage of 20 times, the Straits Times Index SGD5 CFD and Singapore Index SGD20 CFD allow investors to use their capital more efficiently.

¹Contract Details

¹ Minimum trade size for all World Indices is 1 contract.

² The marked-to-market closing price will be used to calculate the MM. Phillip CFD reserves the right

to amend margin requirements from time to time.

³ Spreads are subject to variation, especially in volatile market conditions and may widen during out-of-trading hours.

Please refer to Phillip CFD Infosheet for more information.

Order Types

Investors can place Day and Overnight Limit/Stop Limit/OCO orders using POEMS and CFDTrader.

Example of Long Trade

A client is bullish on Straits Times Index SGD5 CFD and buys 1 contract.

Buying Price = 2,681.0

Scenario 1

Positions are closed 4 days later at a higher value.

Selling Price    = 2,724.0

Net Gain /Loss   = S$187.47

Return on Equity = 27.97%

Calculations:

Scenario 2

Positions are closed 4 days later at a lower value.

Selling Price    = 2,632.0

Net Gain /Loss   = (S$272.42)

Return on Equity = (40.64%)

Calculations:

Example of Short Trade

A client is bearish on Straits Times Index SGD5 CFD and short sells 1 contract.

Selling Price = 2,713.0

Scenario 1

Positions are closed 4 days later at a lower value.

Buying Price     = 2,623.0

Net Gain / Loss  = S$426.35

Return on Equity = 62.86%

Calculations:

Scenario 2

Positions are closed 4 days later at a higher value.

Buying Price     = 2,809.0

Net Gain / Loss  = (S$503.66)

Return on Equity = (74.26%)

Calculations:

World Indices 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.