Conditions of use:
Customer has a regular stock trading account at KIS. Customers wishing to use the service will have to sign a margin trading contract with KIS form to open a margin trading account at KIS Customers make deposits in cash or securities in compliance with the law on margin trading.
Regulations on loan term and interest rate:
Maximum loan term: 03 months. Can consider extending the maximum loan period: 03 months
Lending rate for margin trading: 10.4% / year (Applied from June 11, 2018)
About additional margin call (Margin call): At the beginning of the trading day, based on the current margin trading rate of the customer, if it is lower than the safety ratio prescribed by KIS, KIS will send a notice. to the Customer (according to the customer contact method registered with KIS) to request the Customer to add collaterals (deposit or sell more securities) to bring the margin ratio to a safe level. safe.
Safety ratios at KIS:
|1||Minimum Margin Ratio (MMR)||50%||
CMR> = 50%: Safe Level
Last Margin call ratio (LMR)
|40%||40% ≤ CMR <50%: The warning threshold, the Customer has an additional margin obligation.|
30% ≤ CMR <40%: Required deposit within KIS period and according to
|3||Force sell Margin Ratio (FMR)||30%||CMR ≤30%: without further disbursement, KIS reserves the right to dispose of the customer’s property in accordance with the agreement signed with the customer.|