About Singapore Exchange (SGX)
In 1999, the Singapore Exchange (SGX) formed due to the consolidation of three entities (Singapore International Monetary Exchange, Stock Exchange of Singapore, and Securities Clearing and Computer Services Pte.). SGX made public trading available in 2000.
According to its 2017 report, SGX is the largest exchange in Southeast Asia. Investors use it for trading, clearing, and settling thousands of securities.
How Do Stock Loans Work?
Also known as securities lending, these loans are available to help investors keep the stock they own while still having access to the cash they need in order to make other investments. Our borrowers gain the opportunity to dip into the value of their non-marginable stock quickly and easily without having to wait a long time for the money.
Our loan amounts are dependent on characteristics of the collateralized security, including the number of shares, price, volatility, and additional criteria. By transferring your stock to us, you can be assured of receiving a loan against its value. All you have to do is make quarterly interest payments during the life of the loan. We keep the process simple: once you fully repay the borrowed amount, your stock will be transferred back to you.