Extended Settlement Financing (T+7)

The Features

Settlement

Settlement is by way of contra
or cash. The settlement date is
T+7, and forced selling takes
place on T+8.

Non-acceptable Stocks

Practice Note 17 (PN17)
Stocks, Warrants, Loan
Stocks and RHB Capital Shares are not acceptable.

Rates

Please contact your dealer or remisier for the latest rates.

Settlement

Settlement is by way of contra
or cash. The settlement date is
T+7, and forced selling takes
place on T+8.

Non-acceptable Stocks

Practice Note 17 (PN17)
Stocks, Warrants, Loan
Stocks and RHB Capital Shares are not acceptable.

Rates

Please contact your dealer or remisier for the latest rates.

Normal Trading vs Discretionary Financing Trading

In Normal Trading (T+2), if you do not settle your position by T+2 but wish to hold the same stock longer, a force-sell will be
triggered on the existing contract, and you must buy it again at the prevailing market price. Each rollover beyond T+2 creates a
new Buy and Sell contract, resulting in multiple Buy/Sell cycles (e.g., 3 Buys and 3 Sells) and higher trading costs.


Normal Trading for holding the position to >T+6 (Contra Period T+2)	Cost incurred on 3 BUYS & 3 SELLS contracts as illustrated above. Buy and sell prices are subject to market fluctuation.
Discretionary Financing Trading (Contra Period T+7)	Cost incurred on 1 BUY & 1 SELL contracts as illustrated above. With DF, you only lock-in 1 BUY price.

See how DF gives you more time

Note: 1 DF Trading Cycle = 3 Normal Trading Cycles

Assuming your trading value is at RM90,000, Brokerage at 0.6% per transaction, DF fees at 0.3%, DF interest at 8% per annum, 5-day holding period.

*The figures below are for illustration purposes only. For the exact fees, please contact your dealer or remisier.


Normal Trading
Brokerage Fees (0.6% x 2 Transactions x RM 90,000) x 3 times	RM3,240
Total Cost	RM3,240


Discretionary Financing Trading
Brokerage Fees (0.6% x 2 Transactions x RM 90,000)	RM 1,080
DF Fees (0.3% x RM 90,000)	RM 270
DF Interest (RM90,000 x 8% x 7 days / 365)	RM 138.11
Total Cost	RM 1,488.11


Total cost saving with DF: RM1,751.89

Ready to Trade with More Breathing Room?

You’ve seen how a T+7 settlement can transform your strategy. Take control of your cash flow and extend your trading window today.

Are you an existing RHB Share Trading Client?* Yes No Name* Email Address* Phone Number*

Preferred State*

Preferred Branch*

Do you have any preferred dealer?* Yes No Key in your preferred dealer name I acknowledge that I have read and understood the online Privacy Policy and hereby give my consent to the RHB Banking Group using the information I have provided for the purpose of contacting me / addressing my request / enquiry / complaint / feedback, etc.*