FAQ
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CFD TIPS

Q1. What is TIP?

TIP (Thematic Investment Portfolio) is basket of stocks tied to an underlying theme. TIP will be transacted as CFDs therefore it has all characteristics of CFD trading such as leverage, flexibility to take long and short positions, margin calls, etc.


Q2. What is TIPS?

TIPS (Thematic Investment Portfolio System) is an online platform provided by CGSI to trade and manage your portfolio consisting of TIPs.


Q3. How can I trade TIPs?

TIPs will be traded on a separate platform which is available online via CGSI CFD website. You will require a separate log-in for this platform.


Q4. Can I trade TIPs in my existing CFD account?

No, TIPs will be traded in separate account.


Q5. How can I open CGSI TIPS account?

You must have CGSI CFD account in order to apply for CGSI TIPS account. If you are an existing CGSI CFD client, you will need to sign and mail the TIPS Terms of Use back to us. Upon receipt of the signed form, we will create your TIPS account and you will receive your log-in details at the same email address where you receive your CFD Daily statement.

If you are not an existing CGSI CFD client, please click here for more information on opening an account with us. Please also sign and return the TIPS Terms of Use to us.

Please contact your trading representative or email us at sg.cfdquery@cgsi.com for further assistance.


Q6. How will I receive TIPS account statements?

You will receive your daily & monthly statements for your TIPS account at the same email address provided for CFD account. There will be a separate statement for TIPS transactions and balances.


Q7. Can I use funds in CFD account to trade TIPS?

No, in order to trade TIPS you must have funds in your TIPS account. If your CFD account has excess funds you can request to transfer funds from your CFD account to the TIPS account for trading purpose. Please contact your trading representative for transfer of funds.


Q8. How will I be notified about my margin call in TIPS account?

You will receive margin call letter and/or email from us (similar to CFD account) if your TIPS account goes into margin call. You can either deposit funds in your TIPS account or transfer funds from CFD account (subjected to availability of free equity) to cover the margin call.


Q9. Can I view and trade TIPs on my existing CFD log in?

Your existing CFD log-in will have view only access to the TIPs account on the IRESS platform. You will be able to view real time account summary (subject to market data permission) using your CFD log in but will not be able to place any orders in the TIPS account. TIPS orders can only be placed via CGSI TIPS online platform.


Q10. What is the cost related to trading TIPS?

TIPS trades will have commission fees and it will be the same as CFD Equities.


Q11. Can I take short positions in TIP?

Yes, certain TIPs are available for both long and short positions. Please contact your trading representative or contact us at sg.cfdquery@cgsi.com for assistance.


Q12. How will corporate actions impact my TIPs positions?

Corporate actions will be applied to TIPs position in same manner as CFD positions. You will receive or pay dividends based on Long or Short positions respectively. Other non-cash events like Bonus shares, Stock split, Stock consolidation, Rights, etc. will be adjusted in your TIPs positions.


Q13. Where can I find more information on TIPS?

Please refer to Help section in your online platform TIPS which has extensive help topics available. For any further assistance please contact us at sg.cfdquery@cgsi.com