Terms and Conditions for the Contracts for Difference Campaign (the “Campaign”)

  1. This Campaign is organised by CGS-CIMB Securities (Singapore) Pte. Ltd. (“CGS-CIMB”) and is valid from 03 July 2023 21:30 SGT to 30 September 2023 03:59 SGT (both dates inclusive) (the “Campaign Period”).
  2. This Campaign is open to both new and existing clients of CGS-CIMB who have a ProsperUs global investment account (“ProsperUs Account”) with CGS-CIMB during the Campaign Period.

A. Promotional Commission Rates – Hall of Fame

  1. Participants who qualify under this Campaign will be eligible to receive promotional commission rates (Hall of Fame tier) for Contracts for Difference(s) (“CFD(s)”) purchased during the Campaign Period, as shown in the table below:
    Asia Pacific

    Exchange Hall of Fame Rates
    Australia Securities Exchange 0.06% (min. AUD 6)
    Hong Kong Exchange 0.20% (min. HKD 60)
    Singapore Exchange 0.13% (min. SGD 0)

    North America

    Exchange Hall of Fame Rates
    American Stock Exchange USD 0.012/Share (min. USD 4)
    New York Stock Exchange (Including ACRA) USD 0.012/Share (min. USD 4)
    NASDAQ (Including NSC) USD 0.012/Share (min. USD 4)
    Toronto Stock Exchange CAD 0.02/Share (min. CAD 10)
    TSX Venture Exchange CAD 0.02/Share (min. CAD 10)

    Europe

    Exchange Hall of Fame Rates
    Euronext Amsterdam 0.08% (min. EUR 8)
    Euronext Brussels 0.08% (min. EUR 8)
    Euronext Dublin 0.08% (min. EUR 8)
    Euronext Lisbon 0.08% (min. EUR 8)
    Euronext Paris 0.08% (min. EUR 8)
    NASDAQ Copenhagen 0.08% (min. DKK 55)
    NASDAQ Helsinki 0.08% (min. EUR 8)
    NASDAQ Stockholm 0.08% (min. SEK 55)
    BME Spanish Exchanges 0.08% (min. EUR 8)
    Deutsche Börse Xetra 0.08% (min. EUR 8)
    London Stock Exchange 0.06% (min. GBP 5)
    London Stock Exchange (IOB) 0.06% (min. USD 7)
    Milan Stock Exchange 0.13% (min. EUR 8)
    Oslo Stock Exchange 0.08% (min. NOK 55)
    SIX Swiss Exchange 0.08% (min. CHF 8)
    Vienna Stock Exchange 0.08% (min. EUR 8)
  2. For the avoidance of doubt, the cash credit reward under the above paragraph can only be earned once, with reference to the very first deposit that the applicant makes, and only that amount shall be deemed to constitute the initial funding amount.

B. Rebate Scheme

B.1 Eligibility to participate

  1. Participants who trade US equity CFDs using their ProsperUs Account during the Campaign Period (“Trade(s)”) will be eligible to receive trading rebates based on the number of CFDs traded.
  2. Only Trades in US equity CFDs listed on NASDAQ, American Stock Exchange and New York Stock Exchange shall be considered to qualify for a rebate under this Campaign.
  3. CGS-CIMB reserves the right in its sole and absolute discretion to determine whether a Trade meets the eligibility requirements to qualify for a rebate under this Campaign.
  4. The following Trades are not eligible for a rebate:
    (a) Trades that are subsequently cancelled, voided or reversed (either by yourself or by CGS-CIMB); or
    (b) Trades that are automatically generated, or otherwise not initiated by you (or on your behalf).

B.2 Details of the rebate scheme

  1. The amount of rebates to be awarded will be calculated on a monthly basis based on the total number of CFDs traded within a calendar month during the Campaign Period, calculated as at 04:00 (SGT) on the last business day of the relevant calendar month. This is illustrated in the table below:
    Tiers Number of CFDs traded in a month Rebates
    (per CFD)
    1 1-20 US$0.50
    2 21-50 US$0.70
    3 51-75 US$0.90
    4 76 and above US$1.20

    As an example, a participant who trades a total of 22 CFDs in July 2023 and 101 CFDs in August 2023 during the Campaign Period will be entitled to receive the following rebates:

    Total rebate for the month of July 2023: 22 x US$0.7 (tier 2) = US$15.40
    Total rebate for the month of August 2023: 101 x US$1.20 (tier 4) = US$121.20
    *Grand total: US$136.60

  1. Rebates will be calculated and awarded in US$.
  2. Rebates earned by eligible participants during a calendar month will be credited to the eligible participants’ respective ProsperUs Account within 30 days from the last business day of the relevant calendar month.
  3. Rebate earned but not credited cannot be used to satisfy any payment obligations, including any obligations to pay for a margin, commission or spread, or any other applicable charges.

Other Terms and Conditions

  1. The rewards from this Campaign can be earned in conjunction with any other ongoing campaigns if reflected in the respective terms and conditions of such campaign.
  2. CGS-CIMB employees, representatives and agents are not eligible to participate in this Campaign.
  3. Although CGS-CIMB shall endeavour to distribute the rebates promptly, CGS-CIMB shall not be responsible for any delays whatsoever nor shall there be any compensation payable in respect of any such delays.
  4. CGS-CIMB reserves the right to withdraw or substitute the rebates 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 agrees to be bound by the foregoing terms and conditions of the Campaign, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that the participant may have entered into with CGS-CIMB.
  6. CGS-CIMB reserves the right in its absolute discretion to modify, 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 any participant.
  7. CGS-CIMB, its affiliates, its 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-CIMB on all matters relating to or arising from this Campaign (including the eligibility of any person to participate in this Campaign and the eligibility of any trade to be considered within the scope of this Campaign) is absolute, final and binding and no correspondence and/or requests to retract and/or to 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-CIMB reserves the right to modify, terminate or suspend this Campaign for any reason and without any prior notice whatsoever.
  10. This Campaign shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. You are advised to make your own independent evaluation and to consult professional advisers before undertaking any transaction.
  11. 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.
  12. Any person who is not a participant shall not have any rights under the Contracts (Rights of Third Parties) Act 2001 to enforce or benefit from these terms and conditions.

CP/0078/2023