Holiday Schedule (April 2021)
| Kindly maintain sufficient funds in your trading account(s) during the upcoming April 2021 holidays. |
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You can do so by either topping-up your margin or by reducing your position two (2) business days before the holiday to withstand any possible and/or unexpected market volatility during these periods.
Upcoming Holidays:
- Australia, Easter Monday: 5 April 2021
- Hong Kong, Ching Ming Festival: 5 April 2021
- Hong Kong, Good Friday: 2 April 2021
- Hong Kong, Easter Monday: 5 April 2021
- India, Good Friday: 2 April 2021
- Japan, Showa Day: 29 April 2021
- Singapore, Good Friday: 2 April 2021
- Taiwan, Labour Day: 30 April 2021
Margin Call
There might be inherent volatility arising from significant overseas market movements during the above-mentioned holiday period(s). As such, KGI Securities (Singapore) Pte. Ltd. (“KGISS”) may issue margin call(s) for additional or advance margins to clients.
The client(s), shall on demand from KGISS, fulfil any margin call obligations within 1 hour of receipt of the margin call, failing which, our Margin Call Policy as per the Customer Trading Agreement(s) will be strictly adhered to.
We strongly encourage clients trading OTC derivates to prepare multiple funding sources during this period as inter-dealer brokers might not be available and there might be thinner market liquidity across different time zones. Thank you.