Terms and Conditions for ProsperUs 2024 Q2 Welcome Pack Campaign (the “Campaign”)

  1. This Campaign is organised by CGS International Securities (Singapore) Pte. Ltd. (“CGS SG”) and is valid from 01 April 2024 to 30 June 2024 (both dates inclusive) (the “Campaign Period”).
  2. Participants who successfully open a new global investment account with CGS SG (a “ProsperUs Account”) during the Campaign Period shall be eligible to participate in the Campaign and, subject to fulfilling the applicable requirements below, receive rewards in the form of cash credits and/or Ryde cash credits. Existing or past clients of CGS SG who closed their ProsperUs Account(s) at any time during the 12-month period prior to 01 April 2024 shall not be eligible to participate in this Campaign.
  3. Existing clients of CGS SG who have a ProsperUs Account with CGS SG and who have received an exclusive email from CGS SG informing them of their eligibility to participate in this Campaign, shall be eligible to participate in the Campaign and shall be subject to the requirements set out below.

Account Opening Reward

  1. Participants who open a ProsperUs Account with CGS SG during the Campaign Period and input a valid unique referral code into the referral code field during the account opening process will receive cash credits of SGD10 (the “Account Opening Reward”) which will be credited into their ProsperUs Account within 21 calendar days from the date of their successful account opening.
  2. The unique referral codes for the Campaign will be published through selected social media and other channels and/or by social media personalities in their social media content.

Trading Reward

  1. Participants will receive cash credits of SGD30 (the “Trading Reward”) in respect of the first buy trade executed by the participant on the Singapore Exchange in each calendar month during the Campaign Period (the “Eligible Buy Trade”), up to a maximum of three (3) Eligible Buy Trades for the entire duration of the Campaign Period, provided that the participant satisfies the trading conditions below:
    1. the participant shall execute at least one (1) Eligible Buy Trade on the Singapore Exchange;
    2. the minimum trade value of each Eligible Buy Trade shall be SGD1,000; and
    3. an Eligible Buy Trade shall not include any foreign exchange products, crypto foreign exchange products, contracts for difference (CFD) and options contracts.
  2. The Trading Reward shall be credited into the participant’s ProsperUs Account within 21 calendar days from the execution date of each Eligible Buy Trade.

Booster Reward

  1. Participants who complete at least one (1) Eligible Buy Trade on the Singapore Exchange per calendar month for any two (2) consecutive months during the Campaign Period (the “Consecutive Trading Requirement”) will be entitled to a booster reward of SGD30 Ryde cash credits (the “Booster Reward”), up to a maximum of one (1) Booster Reward for the entire duration of the Campaign Period.
  2. In relation to participants who are entitled to the Booster Reward, CGS SG will provide instructions for the redemption of the Booster Reward by way of email to the email address provided by the participant when opening the ProsperUs Account within 21 calendar days from the date the Consecutive Trading Requirement is fulfilled.
  3. Except for their intended purpose, the Ryde cash credits are non-transferrable and cannot be converted into cash or otherwise exchanged for value. Only participants who are residing in Singapore according to the residential address provided by the participant when opening the ProsperUs Account are eligible to receive the Booster Reward.
  4. The table below provides a summary of the rewards available:
    Action Reward
    1 Open a ProsperUs Account using a valid unique referral code (not applicable for existing clients of CGS SG who have an existing ProsperUs Account) SGD10 cash credits (Account Opening Reward)
    2 Complete at least one (1) buy trade on the Singapore Exchange in the month of April 2024 SGD30 cash credits (Trading Reward)
    3 Complete at least one (1) buy trade on the Singapore Exchange in the month of May 2024 SGD30 cash credits (Trading Reward)
    4 Complete at least one (1) buy trade on the Singapore Exchange in the month of June 2024 SGD30 cash credits (Trading Reward)
    5 Complete at least one (1) Eligible Buy Trade on the Singapore Exchange per calendar month for any two (2) consecutive months during the Campaign Period SGD30 Ryde cash credits (Booster Reward)

Additional Rewards

A. Free Market Data Subscription

  1. Participants who subscribe to SGX Level 2 Market Data via their ProsperUs Account during the Campaign Period shall be entitled to receive complimentary access to SGX Level 2 Market Data for the remaining duration of the Campaign Period. The said subscription will automatically expire after the Campaign Period, unless the client applies for SGX Level 2 Market Data on a paid subscription basis.
  2. As an additional benefit, participants will be rewarded with free level 1 market data subscription for US stocks (more particularly described below) during the Campaign Period.
  3. The free level 1 market data subscription for US stocks that would be made available to participants consists of the following exchanges:
    • NASDAQ;
    • New York Stock Exchange (NYSE);
    • American Stock Exchange (AMEX); and
    • NYSE Arca.

D. Promotional Commission Rates – Singapore Exchange

  1. Participants who successfully open a new ProsperUs Account with CGS SG within the Campaign Period shall also be eligible to receive a promotional commission rate for their trades on the Singapore Exchange, which is also being extended to all existing clients of CGS SG with a ProsperUs Account.
  2. The table below illustrates the promotional commission rate for trades on the Singapore Exchange:
    Exchange Rookie All-star Hall of Fame
    Singapore Exchange 0.06% of the trade value (no minimum commission) 0.06% of the trade value (no minimum commission) 0.06% of the trade value (no minimum commission)
  3. All other commission rates which can be found at https://www.prosperus.asia/pricing/ (as amended, modified and/or supplemented from time to time) will continue to apply during the Campaign Period. All other fees including, but not limited to, clearing fees, SGX trading and settlement fees and goods and services tax, shall continue to be borne by the participants.

Other Terms and Conditions

  1. The rewards from this Campaign can be earned in conjunction with any other ongoing campaigns, unless otherwise stated in the terms and conditions of the relevant campaign(s).
  2. CGS SG’s employees, representatives and agents are not eligible to participate in this Campaign.
  3. Although CGS SG shall endeavour to distribute the rewards promptly, CGS SG shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays. CGS SG shall be entitled in its sole and absolute discretion to forfeit the rewards or disqualify any participant from participating in this Campaign.
  4. CGS SG reserves the right to withdraw or substitute the rewards with other items such as vouchers (but shall not be under any obligation to do so) without prior notice and without assigning any reason.
  5. By participating in this Campaign, each participant is deemed to have read, understood and agreed to be bound by the foregoing terms and conditions of the Campaign, the CGS SG General Terms and Conditions (as amended, modified and/or supplemented from time to time), and the terms and conditions of any other agreement(s) (as amended, modified and/or supplemented from time to time) that the participant has entered into with CGS SG.
  6. CGS SG reserves the right in its sole and absolute discretion to terminate, vary, delete or add to any of the Campaign’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to the participant.
  7. CGS SG and its affiliates, and their respective employees, directors, officers, representatives and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this Campaign.
  8. The decision of CGS SG on all matters relating to or arising from this Campaign (including the eligibility of any trade to be considered within the scope of this Campaign, and the eligibility of any person to participate in this Campaign) is absolute, final and binding and no correspondence and/or requests to retract and/or modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Campaign, these terms and conditions shall prevail.
  9. CGS SG reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  10. These terms and conditions are governed by and interpreted according to the laws of Singapore and the participants in this Campaign agree to submit to the exclusive jurisdiction of the courts of Singapore.
  11. This Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. The participants are advised to make their own independent evaluation and to consult their professional advisers before undertaking any transaction.
  12. Any person who is not a participant shall not have any rights under the Contracts (Rights of Third Parties) Act 2001 of Singapore to enforce or benefit from these terms and conditions.

CP/0095/2024