Securities Borrowing and Lending (SBL)

CGS International Securities (Thailand) Co., Ltd. provides Securities Borrowing and Lending (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. The company employs 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.

Benefits of SBL

Lender

- Lender still entitles to dividend payment and right issues of loaned securities.

Borrower

- Borrower will be able to make profit in downturn of securities market

Related conditions of SBL

• Lending securities must be listed in SET100 which are in the Marginable Securities 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 be higher than the last trading price at that time. (Uptick).
• 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.