SGX E-learning

Decided to do something fulfilling again today. While baby M was having her afternoon nap, I logged into SGX to do some elearning on Specified Investment Products (SIPs).

I must admit while I know about warrants and Daily Leverage Certificates (DLCs), I am not familiar with the other SIPs so this website is a good place to start reading up with.

For those interested, the website is

https://onlineeducation.sgx.com/specifiedinvestmentproducts/

All in all I took about an hour for the reading and quiz. Importantly, I have gained alot of useful knowledge from here for my investment journey.

The topics covered includes:

1) Exchange Traded Funds (ETFs)

2) Exchange Traded Notes (ETNs)

3) Futures

4) Options

5) Structured Warrants

6) DLCs

7) Leveraged Inverse Products

Oh for those interested in trading SIPs but do not have the relevant qualification or experience, I believe reading these modules and doing the quiz online can help you to obtain the necessary approval from your broker to trade. You have to pass the quiz of course though :)

Anyway below are some screenshots for sharing purpose.

Go ahead and read up more if you think it helps. Enjoy guys!

SGX Securities Borrowing and Lending Programme

It seems like a long time since I signed up for SGX securities borrowing and lending programme (SBL).

In fact I have forgotten about this until today when I realised $4.94 was credited to my bank account.

Upon checking my CDP statement, I found out that 11,000 of my M1 shares were borrowed (on loan) for 2 days last month.

In the probably 2 years since I signed up, this is the first time my shares got borrowed.. Haha

And of all shares, M1? This is some logic that I don't understand. Perhaps this is why I remained as an average retail investor.

As I can't find any formula online on the expected returns for borrowed securities, I decided to do a back-of-the-envelope calculation myself.

Calculations

No. of Shares On Loan: 11,000

Closing Price of Share While On Loan: $2.05 & $2.06

No. of Days On Loan: 2

Returns: 4% (this information is available online)

11,000 shares x $2.05 × 4% / 365 days x 2 days = $4.94

Please feel free to correct me if this formula is incorrect.

It's nice to have some additional lunch money sometimes.

Till next time.