Q1. How do I find out what are the margin requirements for the contracts I wish to trade?
Q2. How do I find out what is the First Notice and Last Trading Day for a particular contract?
Q3. What are the operating hours of Phillip Futures?
Q4. I am new to Futures (Commodity/Energy/ Metals Futures and Options) and Forex/ Bullion trading, how can I get started?
Q5. How can I know the swap points that I earn or lose for my forex pair?
Q6. After receiving a margin call, my position goes in my favour; do I still need to top up?
Q1. How do I find out what are the margin requirements for the contracts I wish to trade?
Please approach our Marketing Desk at the Main Office or Investor Centres during operating hours for a detailed margin list of the contracts. You may also contact the Marketing Desk at (65) 6538 0500 or email futures@phillip.com.sg for the margin requirements.
Existing clients may also view the latest margin list from POEMS (log in to your account)> Futures or Forex/Gold> Attention.
Q2. How do I find out what is the First Notice and Last Trading Day for a particular contract?
Please approach our Marketing Desk at the Main Office or Investor Centres during operating hours for information related to First Notice and Last Trading Day. Or visit our contract specifications webpage for more information.
Q3. What are the operating hours of Phillip Futures?
Phillip Futures Pte Ltd operates from Monday to Friday, 9.00 am to 6.00 pm. However, our Dealing Desk provides 24-hour broking, execution and clearing services to all our clients, even on Singapore public holidays. (Holiday schedules of other global futures exchanges will be regularly updated on the POEMS Attention page.)
Q4. I am new to Futures (Commodity/Energy/ Metals Futures and Options) and Forex/ Bullion trading, how I can get started?
You may register for one of our free education services below:Or visit our Resources page for our regular market reports. You may also call our Marketing Desk at (65) 6538 0500 or email futures@phillip.com.sg if you have further queries.
Q5. How can I know the swap points that I earn or lose for my forex pair?
The swap points can be found in the daily and monthly statements. However, if you are interested to know the swap points for a particular pair of forex., please approach our Marketing Desk at the Main Office or Investor Centers during operating hours for the updated swap points. Or contact the Marketing Desk at (65) 6538 0500 or email futures@phillip.com.sg for the margin requirements.
Q6. After receiving a margin call, my position goes in my favour; do I still need to top up?
If the market movement is in the favour of client and it covers the margin call amount at day end, client need not top up funds (as the account will not appear on the margin call list). However if the movement is only intraday, client will still need to top up funds.
