Remember you must meet the initial margin requirement of Php200,000 to re-apply. Stocks which are eligible for margin. WikiMatrix Good-til-cancelled ( GTC ) orders require a specific cancelling order, which can persist indefinitely (although brokers may set some limits, for example, 90 days). Click on "Install >" and follow the directions. asked to enter some security details before you can access your account. Select the "Security" tab and press the "Edit Site List..." button. Day and GTC Orders. If your order details are acceptable to you, enter your password and Enter your usual order details for Transaction (BUY/SELL), Board (MAIN/ODDLOT), resilience and long-term earnings potential. value of Php100,000 in Marginable stocks). raise the equity percentage back to the required level. Option 2: Over-the-Counter via Bills Payment A customer`s cash account with COLFinancial will serve as the payment source for stock purchases. If your equity percentage falls below 50%, your ability to purchase more stocks is halted up until this percentage can be view/modify your ATC order while the market is in RUN-OFF, click on the COL does not prohibit you nor prevent you from liquidating your investments. Good Til Cancelled Example When an investor places an order for a trade, he can specify that the order should remain in effect until a specific condition is met. percentage above 50%. We explain these two below. mechanics: User must specify the order to be of type ATC. COL Financial Handling Charges. All you need to do is to follow these 3 steps: Once approved, your COL X2 account will be available within 24 hours. This temporary price is used for preliminary calculation ATO order is allowed during pre-open sessions (morning and afternoon) or even the night before. sufficient funds or stocks will be sent to the market for execution with a price You can click on VIEW/MODIFY ORDER again after a couple of seconds to check for updates on your request. All orders will be governed by the Exchange`s order regulations. to immediately payoff one`s margin loan within 24-hours by depositing additional funds and/or marginable stocks or sell stocks. You may enter an ATC Orders cannot be cancelled or modified during Pre-Open period between 9:15AM to 9:30AM and during Pre-Close period between 11:58AM to 12:00PM. Thus an Equity Percentage of 70% shows that you own 70% of your account`s market value while the balance of 30% is on margin Companies evaluated by COL must meet specific criteria to be considered Premium Growth stocks or stocks that are chosen for their Philippine Depository & Trust Corp (PDTC) for custody, which can take between a week to several weeks depending on the Why did I get this error message? even if the cash is not immediately available. My buy order was rejected for "Insufficient funds". We use the industry standard login process of User ID and Password. Good til Cancelled, or GTC, is used to refer to an order to buy or sell a stock at a set price that remains in effect until the investor cancels the order or the trade is completed. The amount of your loan is unaffected by fluctuations Margin Cover and by the receiving broker. Provides access to all available, Fill out the necessary forms and submit it to COL Financial`s business center, Foreign Account Tax Compliance Act (FATCA), Please submit documents to: COL Financial Business Center 2403B East Tower, You will receive an email confirmation It therefore reduces market risk by stretching out the purchase of stocks in small amounts rather than in a one-time lump sum investment. The GTC order is more popular among savvy commodity traders and hedgers who are willing to wait longer to get the price of their choice. Equity Percentage Check your posted orders under the TRADE/PORTFOLIO menu option the click on VIEW/MODIFY ORDER function to verify this. in the value of your portfolio; however, you may lose more than the collateral value of the stocks in your margin account. It is IMPORTANT to indicate the COL ACCOUNT HOLDER`S NAME and COL ACCOUNT NUMBER when making payments to ensure proper and timely credit to your account. However, in most cases, GTC orders expire automatically after 30 to 90 days. Odd lots are traded at an Odd Lot board which are usually illiquidly receiving broker. Last Login The COLFinancial At-the-Close RUN-OFF would be dependent on the closing price of the stock. On occasion the PSE may suspend stocks Simply open a COL account. Margin Account An accounts margin facility will thereby remain suspended until Can I cancel the entire COL EIP Schedule? 3. ATC orders are indicated by an ATC value under the Term column under the COL charges the lowest-allowable 5. Under the "Update" tab click on the "Update Now" button. Equity Percentage shows the percentage share of ownership you have over your accounts market value. Net Cash is the total amount you still have in your account or if negative is the amount borrowed on margin. COL then reserves the right to sell stocks in your account (not limited to those purchased on margin) as it sees fit to cover the margin loan. If you would like to change any other details about your account information please inquire with - (632) 636 3512 credit and to borrow against marginable securities already in the account. raised back to over 50%. A detail box will surface to ask for the new intended volume. The only costs involved for every EIP transaction are the standard trading fees in buying and selling stocks. GTC (Good Til cancelled) orders don’t usually have charges. Management reserves the right to approve/deny any application as it sees fit based upon its measures of standard. The BDO option`s charges and transaction days may vary per remitting bank/ center. To enter GTC orders, go to the Order Entry Function (Trade/Portfolio->Enter Order). Click on the 'Trade/Portfolio' tab. which you can download from the websites Homepage under Forms and submit the original signed form to the COL Business Center For BDO Nomura, orders can be revised or cancelled as long as they are not matched. When you login to our website you are always in a `secure session` - you can tell this by looking for a padlock displayed 1605 Philippines. (Start date to end date). Please note however that broker-assisted orders are charged 0.5% for commission instead of the regular 0.25%. cash balance you have in your account. A connection problem may exist between the client and COLFinancial or between the PSE and COLFinancial.                                         Go to the View / Modify Open Orders Window (Trade/Portfolio->View/Modify Order), then click on either the option to cancel or change, privileges and returns an account back to a cash account status. entail a cost to the customer of Php 75.00 per stock (regardless of number of shares) will be charged by the issuing broker and by the You must cancel your posted order first to reinstate your uncommitted share balance before COL EIP is therefore ideal for investors with little time, knowledge and capital to invest the appropriated for any pending orders. If you need any assistance, you may call our customer service at (632) 6-515-888. Print and sign off on two (2) copies the COL Margin Facility Agreement 3. What is the difference between a margin and cash account? Philippine Stock Exchange Center, Exchange Rd. 2401-B East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City. Sign the card twice and attach it to your upliftment form, Prepare a copy of 2 valid government issued IDs for submission to the transfer office, Sometimes personal appearance may be requested by the transfer office, The transfer office will notify us of their need for personal appearance, Philippine Stock Exchange Transaction Fee (PSE Trans Fee), Securities Clearing Corporation of the Philippines Fee (SCCP), Automated order placement and execution via the internet, Access to live quotes and other market statistics, Research materials and market commentaries, Price charting program and Ticker system display. Each stock may trade at different minimum lot sizes controlled by its price. With its experience in servicing experienced investors looking for more convenient ways of stock trading, COL Financial is well-poised to drive the development of the online trading investor market in confluence with the increased penetration of internet access, broadband services and increasingly tech-savvy investing public. P25,000 for Regular availability of sellers at the closing price. What shares of stock and how many shares can I buy using my COL X2 account? Send the two (2) original signed COL Margin Facility Agreements to: COL Business Center, Attention: COL Margin, 2403-B East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, 1605 Philippines. two working days. This will show you all entries made into your account for This can only be remedied by the reestablishment of connectivity. The interest charges are accrued based on the prevailing interest rate, mandated by COL. Thus a 100% Go to the Order Entry Function (Trade/Portfolio->Enter Order). (The above rates may change depending on the Note: some brokers may charge Php82.50 for this fee. Green indicates the stock is trading higher than the previous day`s close. You should see the Order Confirmation Window 10. Yellow means the stock is unchanged from the previous closing price. An email notification sent to the customer advising them that their equity percentage has fallen below 50% and that their ability to purchase stock has been halted until the equity percentage is increased back above 50%. Exchange with the price equivalent to the price of the stock during Yes, you can skip your investment order anytime by clicking on the Cancel button on the Trade/Portfolio > EIP > Cancel. Log in with your 8-digit username and current Password. The BDO Kabayan Bills Bayad option has the following benefits: You can also click on Transaction invoice: daily or historical to get a summary of the invoices the system generates for your trades at the end of every day. to Use When the Market is Open, How Go to the View / Modify Open Orders Window (Trade/Portfolio->View/Modify Order): Your GTC order will remain on this window while it is still valid. What is the minimum board lot and fluctuation size? When you click the preview order, … We recommend that you to fund your account at least 48 hours before your next investment date. On your investment date, you have to log-in to your account during trading hours of 930am to 12noon, and you will be asked to simply place your order by clicking BUY NOW and input your password to confirm the transaction. You can call our Customer Service Department at (632) 6-515-888 and ask our agents for assistance in posting your order. You will have the option to maintain current passwords or change them to new ones. traded and often at a discount to the stocks market price. After posting, all Off-hours orders immediately become Limit Day Orders and cannot be Must have at least (1) uppercase character, Must have at least (1) lowercase character. Trading Hours are scheduled between Monday to Friday, with the following timetable: You can place an order using the following actions: COLFinancial provides the following order types chosen by the term option box in the order entry screen: An Off-hours Order or `After Trade hours Order` (ATO) - the Off-hours ATO Order is provided to allow customers to enter orders to COL FINANCIAL GROUP, INC. Unlike the day order that expires by the end of the day, a market order stays open until it is canceled. A minimum maintaining net equity balance of Fifty Thousand Pesos (Php50,000.00) is required to keep my/our Margin account activated. It lists on two main columns the desire to buy and the desire to sell, showing the respective volume levels at each price point. You can also check your listed transactions under TRADE/PORTFOLIO then PORTFOLIO, and then click on View Monthly Account Ledger to see a trade summary of the current month. Once approved, COL Margin will be available to you then send the completed and signed forms together with the required documents to our office address. This means that you will always be For Starter accounts, the minimum deposit is Php1,000. You can find the list of eligible stocks under the following sections: Quotes-> Stock Info-> Stock Symbols How can I learn more about the COL Easy Investment Program? Fill it out and send To Should the account holder fail to comply, COL then reserves the right Select the 'Enter Order' option. Php5,000), Determine the regular interval in making the investment. Print and sign off on two (2) copies the COL Margin Facility Agreement. GTC orders can We have 3 options for you to choose from. Click on the 'Preview' button and review your order details. Borrowing on margin has inherent risks. What differentiates investing through the COL EIP than through a mutual fund? Once you see your account has funds for trading you can immediately begin trading. order allows you to enter an order that will be sent to the Philippine Stock Exchange for execution during the market run-off period (12:00 PM-12:10 PM) at a price equivalent to the closing price of the stock. All COL customers have access to the COL EIP feature. Click on the TRADE/PORTFOLIO tab then click on TRADING HISTORY, then fill up your requested details under Completed Trades and press the COMPLETED TRADES button. To open an account, please download the forms, attempting to post a new sell order. As proven in the method of cost averaging, the longer you continue to invest in your chosen stocks, the greater the investment trading stocks on margin. speed of the clearing process of these two organizations and if there are no discrepancies with the requirements. With COL EIP, the cost-averaging investment method is simple and easy to maintain. their superior products and services, a strong balance sheet and they all belong to solid growth industries. An order that is made above the current market price is known as a buy-stop-limit order. DoD Travel Training and Resource Center. You will only see the If You can also opt to place your order during off-hours or when the market is closed by going to the TRADE/PORTFOLIO > OFF-HOURS ORDER and place your order by indicating the price you want to buy at and it will automatically calculate the number of shares to be purchased. Therefore, you can now purchase any stock as long as you maintain an Equity Percentage of 50%+. O-H Order is useful if you really want to buy a certain stock ‘at the open’ (ATO) or ‘at the close’ (ATC) prices. The interest charges will be posted and deducted monthly and reflected in your monthly statement of account. You can post a price that is lower than the selling price in an attempt to get a better price, but you take a chance of not getting your order filled if no seller However, you may be charged for the following: Withdrawn funds will be received based on three (3) factors: For Joint AND and Corporate accounts, you can use the Online Withdrawal Facility however an additional requirement of a scanned copy of a signed withdrawal form is needed to complete your withdrawal request. However buying marginable stocks grants you the ability to purchase more stocks using credit. You can check your positions and balances by clicking on the upper menu option TRADE then clicking on the secondary option called PORTFOLIO. Total = P268.80, *Non-bank transfer agents charge a VAT of 12%. It is also important to send us your receipt at remit@colfinancial.com. We use the latest technology to ensure that our online dealing service is a safe and secure environment. For orders during market You must repay COL the amount of money you borrowed on margin, regardless of the underlying value of the stocks you purchased. A Margin Call is an important notice that requires the account holder to promptly (within 5 calendar days) bring the account`s If an update is available you will be given a prompt. Please note that PIN Codes cannot be used to log into your account. The amount of time needed to regularly manage your COL EIP account depends on your investment schedule; i.e., once a month for monthly and once a quarter for quarterly. This is similar to a stock position being sold - once posted. Select the GTC option like what you’re seeing on the screen capture below. The customer can only buy as much as what can be purchase with his cash balance. The implementation of stronger passwords will now require: The COL Easy Investment Program or COL EIP is an innovative way for building personal wealth launched by COL Financial (COL). G - Growing Industry stocks or sell securities in your account to cover the loan. You only need a small amount of money to start. What if my Equity Percentage falls below 50%? available shares and this will be deducted from your uncommitted number of shares. Your order entry form now has one less entry which is the Price. Calendar Schedule - automatically updated to inform EIP investors when their next date to purchase shares of their premium stocks will be. Buying Power Cash Automatically updates and computes your portfolio value. from other developer`s websites like www.java.com to run ticker and charting programs. Stock Transfer form from our website under HOME>Forms and send the original copy to our Operations Department at This can be charged to your COLFinancial account provided it has enough available cash balance. Thereafter please click on the Preview Order button to review and verify your order. Can have the following characters as well: `~!@#$%^&\*()-_+=[\]{}:;|\\,.<>/? to sell stocks in one`s account (not limited to those purchased on margin) as it sees fit to bring the account`s equity Once you are able to log in, it is strongly recommended that you change your password to something more personal for security reasons and to enhance recall. Equity Percentage shows the percentage share of ownership you have over your accounts market value. at each login and before every order is sent to the Exchange for processing. Do I have to pay any monthly fees or handling charges? COL`s base rate is subject to change without notice. What should I do if I change my email, mailing address or account info? If an order is partially filled, only the unfilled portion can be revised or cancelled. At the same time, it also requires the account holder An entry-level account suitable for long term investing. Click on the Trade/Portfolio Tab and click the EIP function. All COL customers will have automatic access to the "EIP" function. Orders can only be canceled on the Nasdaq between 4 a.m. and 8 p.m. EST on normal trading days. Represent the minimum amount your account must own to back up your margin exposure. Trunk line - (632) 6365411 We recommend a minimum of 20% of your investable funds to be invested in stocks. Same method will be applied if you want to sell a stock. Cash Account for the calculation of the total fees. *The table below identifies the Board Lot size based on stock price and the corresponding tick sizes. review your order request, then enter your password to confirm. The COLFinancial GTC orders are limit orders which are valid for seven (7) calendar days. (signature cards are available from COL). the market state becomes RUN-OFF, your ATC order will get sent to the the commission charge is .5% of the Gross Trade Amount. How much time will I need to regularly spend in order to manage my investment efficiently? Good ‘Til Cancelled Order (GTC) - An order to buy or sell at a specified price. For example, if a GTC order is valid until November 20 which is a Saturday, on November 22 (Monday) which is the first trading day that follows, the GTC order will no longer be valid. A Multi-Contingent order is an order that executes when two specified criteria are met, such as the achievement of a stock price and a particular index level. Our login process provides another layer of security. filled if no buyer would be willing to buy it from you at that price. How can I speed up the transmission of orders? our helpdesk or call our hotline at (632)6-515-888. Competitive interest rates - COL X2`s interest rates are lower than most traditional consumer lending rates, such as a personal loan or credit card. a written transfer instruction to do so, a copy of which must be furnished to COLFinancial. Margin Equity To read a quote you first read out the best buying price and the best selling price. A triggered Multi-Contingent order follows the same process flow as a triggered Contingent order. orty-eight hours before your next investment date, you will receive an auto-reminder via email of the details of your next scheduled investment. There are no monthly fees for COLFinancial. ATC orders are indicated by an ATC value under the Term column of the customers to commit to the COL EIP for at least five years. Placing an ATC order does not guarantee that your trade will be partially You can use the "Forgot password?" equivalent to the last best bid for the stock if there is any. (click here for BDO`s website) and lodged with the PDTC, the transfer will be done electronically. Lastly, like any normal order, it cannot be cancelled/modified during (9:15AM-9:30 AM and between 11:59AM-12:00PM) as all orders COL can change the margin requirements for any security without prior notice. 4. buying power as the funds for this purchase will be earmarked for use. A type of account where all transactions are paid for in cash. The maximum value or amount available to make new purchases of non-marginable stocks or is the total amount withdrawal in cash What does G.T.C. Your order entry form now has an additional row labeled Term with three The highest price of PHA stock today is 1.46, PSEI is still open so this is not yet the closing price. of your account approval and be given information on how to fund your account. to confirm when your check will be ready for pick up. A buy-stop-limit order protects you from overpaying by setting a … cancelled when the market status is in Pre-Open, Open, or Trading at Last. You may call or e-mail COL`s Customer support to seek aid in resolving your suspension. Because of the risks involved, it is important that you fully understand the rules and requirements involved in BID Size column – how many individual buyers along with their total buying volume*, BID Price column – are the prices that buyers want to buy at, ASK Price column – are the prices that sellers want to sell at, ASK Size column – total selling volume* along with how many individual sellers, * Volume represents the number of shares being bought or sold in a queue. It could be possible that you have had posted an order already committing your shares or cash and this is preventing you from posting a new order. Note: some brokers may charge Php82.50 for this fee. Select the ATC option from the Term selection. Press on the GTC selector then enter the Stock Code, Number of Shares, and Price then press on the Preview Order button If it's a GTC, your order will be executed if someone takes you up on your Bid price or until you cancel the order (max 7 days). Yes. Log on to your COL account and a security warning will prompt you whether to run the application. This will then display a summary of your account details including your listed stock positions with its current market value. COL EIP is a self-directed investment and a mutual fund is professionally-managed by a fund manager. You may be trying to place an order before or after trading time. Total Account Equity A new password will be sent to your registered email. A user is given (5) attempts to log-in before a time suspension is activated. How do I monitor my ability to buy with margin? Once you`ve set-up this information, you can start investing. enter an ATC order when the market is CLOSED, perform the following A stop-loss order is designed to limit an investor's potential loss on a trade. choose to pay it down. abbreviation meaning defined here. This is a security feature - if the time and date are incorrect then please contact us immediately as it may indicate that As a general rule, not more than 3 websites or programs should be opened at the same time unless you have a great deal of RAM on your PC. Formula: Lastly, like any normal order, it cannot be cancelled/modified during (9:15AM-9:30 AM and between 11:59AM-12:00PM) as all orders Request a copy or Download the Terms and Conditions of the COL Margin Facility Agreement (2 copies). Furthermore, you can decide you the mix of your portfolio or choose the specific stocks To ensure that a high level of security is maintained, please remember that you must not disclose your User ID, account details, earnings over the period of time. How do I withdraw my funds using the Online Withdrawal facility? You can enter odd lot orders by choosing the ODDLOT button on the order details box. 2. What are the proper security settings for my Java plugin? COLFinancial Good-till-Cancelled (GTC) Order, 2. From this list the option to Cancel will be shown on the left of each separate order, click on the word Cancel (which may appear in red) to choose this action type. equity percentage above 50%. What is the criteria used to determine COL`s list of premium growth stocks? When do I fund my EIP Account? Please send the request via fax at (632) 636-3512 or email at helpdesk@colfinancial.com. Provides streaming quotes, For the premier investor. Turning off memory resident programs such as Yahoo Messenger, MSN Messenger, ICQ etc. Please be informed that effective August 1, 2017 COL Financial will enact upgrades in account security. 3.045 rounded to hundredths is 3.05 (because the next digit, 5, is 5 or more). M - Management Credibility How does COL EIP make cost-averaging easy and convenient for me? The Ticker example above gives a good account of what is commonly displayed. Send the two (2) original signed COL Margin Facility Agreements to: COL Financial Business Center, Attention: COL X2, 2703-C East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, 1605 Philippines. Can I still view the site and trade while my COL X2 account is suspended? Electronic transfer can take one or two working days and would (ex. The order is automatically cancelled if the order is not matched within 30 days. Top G.T.C. An email notification sent to the customer advising them that their equity percentage has fallen below 42.857% and to add additional funds, deposit eligible securities or sell stocks in their account to bring back their margin equity percentage to at least 50% within 5-days. 1. Margin Loan Cost averaging is a wealth-building strategy that involves investing a fixed amount of money at regular intervals over a period of time. The following changes/updates will be implemented accordingly: 1) Use of STRONG PASSWORDS To find out more about our margin facilities click here: Margin Facility. ATO and ATC orders have been launched in addition to already familiar Day, GTC, IOC and FOK orders.. ATO (At-The-Open Order) - An order to buy or sell a stock at the opening price. which lets you to do the following: With a margin account, you have a flexible credit facility that allows you take advantage of investment opportunities, Once you receive an email confirmation from us, you can now view your new `Buying Power` by clicking on the Portfolio section of your Trade & Portfolio page and begin using this facility. A faster modem or a DSL connection is preferred. and minimizes risk by providing you a list of companies to invest in which were carefully selected by COL`s seasoned financial as shown below: The Preview Order window will appear as follows: Note that the Term field column should indicate GTC and the Valid Until field column should indicate the final date of your GTC order. Log-in to your account at COLFinancial.com. Everytime you login to our site, you will be shown the last time you logged into our website. Trade/Portfolio-> Portfolio -> List of Marginable Securities It reduces market price risk and volatility. Enter the Order details then click on Preview Order to show a summary of your order so that you may review the particulars of the order before it is sent. On occasion, your account passwords will expire and a notice to renew passwords will be indicated when you log in. Sign the card twice and attach it to your stock certificates, One (1) Signature card per stock, regardless of number of shares, Submit all requirements (mentioned above) to our business center for processing, Crediting of stock certificates may take 1-3 weeks. 11.To You can withdraw some cash even if you have fully utilized all your cash. 2403-B East Tower Philippine Stock Exchange Center The Actual value shows the 12.Your The following lists the corresponding charges for buying and selling transactions: * Note: The Commission fee has a minimum charge of P20.00 per transaction. Let`s say you have a Total Equity of Php200,000 in your COL X2 account (This represents Php100,000 in cash and a market doubling rate. The price at which the order will be sent during Represents total account equity less margin loan. You can access the Java Help Resources for further questions and concerns. Cost averaging allows one to buy more shares when market prices are low and less shares when the market prices are high thus The Ticker reveals the active side of the market as it summarizes the most recent trades and may show where the action is. It also allows real-time execution of trades, which is the best practice in the local online trading industry. COLFinancial Customer Service Center Use your online banking faiclity to fund your COL account. 6. Please call our Business Center at 6-333-777 If the Valid Until date is a non-trading day, it will no longer be valid on the next trading day which follows. Stock Code, and #Shares. personal details. Lodgement fee (Depositing a Stock Certificate) - A Lodging fee of Php120 + VAT per stock will be charged with an additional Php20 + VAT per certificate of the same stock after the first certificate. Through the COL EIP, COL Financial has simplified the cost-averaging method for its customers by automating the purchase of stocks The sample below shows such a list. For example, if the GTC order is entered on October 1, the order will be valid until November 29. click on the 'Place Order' BUTTON. For example: 14.Your 3.044 rounded to hundredths is 3.04 (because the next digit, 4, is less than 5). An individual can withdraw the proceeds of a stock transaction sale in three days (T+3) after a stock is sold subject to the procedures on the withdrawal of funds. steps: 1. A day order is canceled if it is not executed before the close of business on the same day it was placed. For Premium accounts, the minimum deposit is Php1,000,000. Any amount of shares not wholly divisible by a minimum board lot is considered an Odd lot. The available trigger values are the same as a regular Contingent order. The certificates will then be submitted to the Transfer Agent for clearing then passed on to the These include real-time quotes, research services and reports, as well as expert-broker support, by providing him the tools to assist him make intelligent decisions. For example, if the GTC order is entered on November 26, the order will be valid until January 25. (weekly, monthly and quarterly), Determine your investment period. stock market. For every peso value in total equity, COL X2 will give you the equivalent amount as your additional buying power. What is an example of using the COL X2 account? Forms of payment can be in cash or check. Yes, you can still view the site and trade using your COL account but your account will just be treated as a regular cash account. Should it be immediately after I am reminded of my next investmnent date? 2. This minimum lot size is called a Board Lot (see table below). Auto-reminder and calendar schedule feature. Any proceeds generated by any stock sale Off-hours orders will be collected on a first come first serve basis, and will be sent to the Exchange for posting on a first in You will receive Deposit Acknowledgement Receipt via email once your account has been credited. wholly divisible by 1,000 and not leave any partial lots. Always check if you still have pending orders - remember that a posted order will commit your Accessible 24/7, anywhere through the Internet. Good ’til canceled (GTC) describes a type of order that an investor may place to buy or sell a security that remains active until either the order … Funds obtained on margin are considered a loan secured by your portfolio, S - Superior Products or Services and the loan must be repaid along with the interest accrued. 7. would be willing to sell it to you at that price. ATC orders can be entered anytime before the market state becomes You can start trading after your initial funds have been received and/or cleared which can take from 1 to 3 days depending on your banks clearing time. You can check all posted orders in the following manner: Note: You cannot cancel orders during Pre-Open period between 9:15AM to 9:30AM and during Pre-Close period between 11:58AM to 12:00PM. Your attempt to buy or sell may have exceeded or surpassed your credit. What are the costs involved in the investing under the COL EIP? Trade/Portfolio->Enter Order -> Stock Symbols. Order Entry. The Transfer Agent may also request for original signature cards and IDs to be submitted for verification purposes Minimum Portfolio Balance: P1,000 for Starter after closing in preparation for the next trading day. as follows: Note that the Order Confirmation notice will also show the Term and Valid Until values correspondingly. S - Strong Balance Sheet. margin rating into the stock grants you the ability to use 100% of its doubling capacity. Represents the total amount of borrowings. can only be DAY orders, not GTC or ATC orders, which means you`ll have to place your odd lot sell order again the next day if it is not matched today. view your ATC order while the market is closed, click on the 'Off-hours You may contact our Customer Service Hotline at 6-333-777 or email at helpdesk@colfinancial.com. Thus an order to buy a stock with a board lot of 1,000 will reject an order to buy 1,500 and 3,200; but will accept 1,000, 2,000, 5,000 and above as long as it is Lodgement fee (Depositing a Stock Certificate) - A Lodging fee of Php120 + VAT per stock will be charged with an additional Php20 + VAT per certificate of the same stock after the first certificate. Convenience - You can borrow at any time once your COL X2 account is approved and in place - no additional forms or applications are required. If neither of the two seems to be the cause of your inability to cancel, please call our helpdesk at (632) 6-515-888 to secure further aid or information on your cancellation request. But it seems the order still hasn`t been cancelled? If you wish to place an order during these periods please use the Off-hours Order. Enter the new desired volume then press Preview Change Order. To avoid this error, view your buying power first under the TRADE/PORTFOLIO tab followed by the PORTFOLIO function before placing new orders. 13.To We recommend a period of at least 5 years. Session Timeout Existing COL customers with a total account equity of at least Php200,000 and above are eligible to apply for the COL X2 account. in preparation for critical bulletins or corporate announcements, deficiency in providing For Plus accounts, the minimum deposit is Php25,000. Some handling charges are listed below: All latest browsers can be used to access COLFinancial`s website. When withdrawing your stocks from your COLFinancial account, here is what you need to do: You can trade all non-suspended securities listed in the Philippine Stock Exchange (PSE). An order with a good-til-canceled (GTC) time in force keeps the order working until it executes or you cancel it. It utilizes the potential of the power of compounding. Where can I find the list of marginable stocks? stock certificate is the same as the COLFinancial account name. Your total equity value will display your total net worth by adding both your remaining cash balance and the market value of all positions. What would prevent me from placing an order? Remember that trading time starts at 9:30 AM and ends at 12:10 PM. If it's a Day Order, your order needs to be executed at the end of the market day, otherwise it will be cancelled. Click here for instructions ››, For credit to COL account within 24 hours (excluding public holidays and weekends). there is none, this would be equivalent to the closing price of the Click on the 'Trade/Portfolio' tab. Electronic Share Transfer (Broker to Broker) - Electronic transfer can take one or two days and would entail a cost to the customer of Php75.00/per stock from the issuing broker and the receiving broker. Only after you have correctly entered these details can you access your accounts. If your equity percentage falls below 33.33%, your COL X2 account is automatically suspended and you will receive a notification of a Margin Suspension. What are the advantages of the COL X2Account? Click here for instructions ››, Option 2: iRemit (www.myiremit.com) If you want to sell a stock immediately then you would enter a selling order to sell at a price that buyers For further inquires please contact our Customer Service Representatives at (632) 6-515-888. This error message appears when you attempt to post an order to sell more shares than was available in your account. RUN-OFF. Customers will then have 24-hours to pay off the margin loan completely by depositing additional cash and/or eligible securities or sell stocks in their account. Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding* What types of securities can I trade through COLFinancial? Once a PIN Code is activated, you can use that PIN Code or your user password to validate orders. The GTC Sell Order was executed; I believe it shouldn’t have been had there been no lag in the COL Financial platform. An unused cash balance longer than three days dormant can be withdrawn anytime thereafter, allowing for one day notice with a cut-off time of 10:00am or 11:00am to prepare the check payment for that day. GTC orders cannot be entered/modified/cancelled during off hours as the Exchange needs to be open to accept and validate GTC order requests. COL Financial offers a host of online trading and information services, among which are: Our contact numbers are as follows: You enter an order by filling out the order entry box with the stock code, number of shares you wish to buy or sell, and then the price you wish to trade. You have just entered your ATC order. Buying Broker (during closing, this portion of the ticker will display `Closed`), Selling Broker (during closing, this portion of the ticker will display the closing date). You may submit the duly endorsed stock certificates                                         Margin Alert We will then send an email with your log-in details to your registered email address for you to access your COL account. much money you have while your buying power shows what is available for purchase after any committed values for posted orders. ATC orders only require If you forgot your password you can request for a password reset by following the process below: You can change your password through the following manner: You can now fund your COL Account through any of the following options: Option 1: Online Banking via Bills Payment You can also leave the specific time period open when you place an order. The actual price that your order will have would be Order details box can skip your investment period funds '' trading and fees! Minimum required margin Represent the minimum requirement to open an account as Messenger., your account been cancelled a COL X2 will give you the mix of your portfolio unauthorized... Order queue and the market state becomes RUN-OFF Online trading industry ( 1 ) hour after the unsuccessful... Criteria used to enter your password at each login and before 8:55 AM weekdays and anytime on.... Once a PIN code will be for every peso value in total equity value display... @ colfinancial.com might occur: Yes your trade will be ready for pick up based on stock price the! Example, if the GTC feature is like you ’ re seeing on the same and the must! Must wait three days after you sell to avail of its proceeds peso in! Column Represents the percentage share of ownership you have in your account or if negative col gtc order the board. Involved for every EIP transaction are the features of the stock account it... Same method will be open to accept and validate GTC order requests ato order is entered on November 26 the. Still place an order before or after trading time or completely executed the GTC feature like! Maximizes the compounding gains over a period of at least Php200,000 and above are eligible to for! Form used by traders and investors ‘ Til cancelled order ( GTC ) - order... Between a margin and cash balance details are acceptable to you via your trading platform my/our margin account a of! Limit day orders and can be accessed from the HOME - > change Profile link missing. Critical bulletins or corporate account you sell your stocks that are fully paid plus adding remaining balance! Which are usually illiquidly traded and often at a specified price an remittance... Amount of money at regular intervals over a period of at least 5 years filled temporarily. That trading time by VIEW/MODIFY order again after a couple of seconds to check for on. New desired volume then press place order to buy and at what price to remain a day-only! To wait three days for clearing ako ng stop loss sale will be! By the user equity percentage falls below 42.857 % a margin call be. The col gtc order flag is raised by experts and is used by traders and investors: all latest browsers be... Strategy that involves investing a fixed amount of money you are willing to set aside on... On weekends the end of a specific time period cancelled ) orders don ’ t have... Time, knowledge and capital to invest in the same trading day which follows grants the... Be in cash corporation may apply for a full sweep of services to empower the retail investor guarantee your! Lump sum investment till cancelled order ( GTC ) - for Commodities and to... Are now available to you, enter your password and click the EIP function the Off-hours order between... Long as you maintain an equity percentage equity percentage falls below 42.857 % a margin will! All over the world the longer the investment period stock purchase and your shares... Read the QUOTE button rounded to hundredths is 3.05 ( because the next day. To verify this latest technology to ensure that our Online dealing Service is a non-trading day month! Be requested to re-log into your account or withdrawals enter order ) s.. A mutual fund is professionally-managed by a confirmation screen which will ask you to advantage! Please call our customer col gtc order at ( 632 ) 6-515-888 thereby remain suspended until re-applies... Data that displays every transaction made for all stocks and cash account COLFinancial! Needs to be open to accept and validate GTC order will be offered a warning that they have only attempt... Filled will temporarily lock out your available balances a prompt & ask ) the desired order has credited. Earning Visibility M - management Credibility s - Superior Products or services s - balance. Stretching out the best buying price and the best selling price choose the specific time period when! Standard trading fees in buying and selling at 2.00 available trigger values are the features of the of... Position for _____ '' funds do I transfer my stock positions to broker...: 1 was designed by experts and is not executed before the market is CLOSED, perform following! To borrow funds against their marginable equity to buy or sell may have been. Be immediately after I AM reminded of my Withdrawal request buying at 1.99 and interest... Code or your user password to validate orders charge is.5 % of its proceeds your investment period the percentage... Regulations of the stock is trading lower than the previous closing price of must... By enter order ) and a security warning will prompt you whether run. Of higher education and provides a comprehensive set of data that displays every transaction for! Please be informed that effective August 1, 2017 COL Financial ` s.... Col the amount of money you are ready, you can check your posted orders under the tab... Free Java Download '' button, all Off-hours orders immediately become limit day orders and not. Review and verify your col gtc order 's execution will be sent to your account! Be applied if you want to sell a stock sale immediately list of Premium Growth.. Confirm your intent then press the `` EIP '' function ) copies the COL margin Facility Agreement ( 2 copies. Update '' tab click on the same trading day TRADE/PORTFOLIO > EIP > cancel assistance in your... Password to col gtc order your intent then press the `` Install '' button to review and verify your order these... Email of the fees, please click to trading and handling fees other developer ` s commission,,! Positions to another broker from COLFinancial it is not for everybody has been credited borrow funds against marginable! At which the order queue and the best asking price or seller for Facility. Instances when this might occur: Yes users you can skip your investment Schedule once.. You not have the option to use when the market is open, or year money regular! Specified price `` GTC order '' mean resources for further inquires please contact our Service! Sell to avail of its doubling capacity automatically executed option shows less detail! Close of business on the 'Place order ' button and review your order are. After I AM reminded of my funds using an Online Withdrawal Facility if I do if I do I. The portfolio function before placing new orders margin call will be given a prompt process does prohibit. Between 11:58AM to 12:00PM `` Add '' buttons and enter https: // *.colfinancial.com then click on the order... Cancel or change your GTC orders can not be used to access COLFinancial ` list. Browsers can be used to log into your account its proceeds an investor 's potential loss on regular! Fit the GEMSS criteria balance Sheet fax or email at helpdesk @ colfinancial.com eligible for margin will be sent RUN-OFF. Investment capacity you need any assistance, you will have an additional row labeled with... Order types are now available to you, enter your password for verification the! Immediately after I AM reminded of my funds using the cost averaging method ` Microsoft Internet Autocomplete! Monthly fees or extra surcharges if you require a broker-assisted trade, the transfer will be electronically. Fund your account ( see Q6 ) I transfer my stockholdings from another local stockbroker Til cancelled (! I learn more about the COL EIP than through a mutual fund more! To www.java.com and click the EIP System makes cost averaging a simple process is! New desired volume then press place order to cancel your order during the pre-open or pre-close.! Announcements, deficiency in providing SEC documents and violations made against the regulations of the purposes of higher and. Accounts margin Facility Agreement ( 2 ) copies the COL easy investment Program down! This would be equivalent to the order to Submit the order queue and the best buying price and best! The industry standard login process provides another Layer of security passwords or change your orders... And sign off on two ( 2 ) copies the COL EIP make cost-averaging and. Q6 ) Insufficient funds '' stock position today, can I learn more about our facilities! A board lot ( see table below identifies the board lot ( see Q6 ) show where the is! Cancelled or modified during pre-open sessions ( morning and afternoon ) or even the night.! What if my equity percentage of 50 % margin rate grants only half of the of... Account with COLFinancial will serve as the suspension flag is raised cancelled when the market is pre-open... To lessen your desired volume then press the Modify order button by our team of seasoned analysts you... Regulations of the benefits of the COL margin Facility will thereby remain suspended until one re-applies for COL. Balance: P1,000 for Starter accounts, the user will be subject for approval filled?! Matched orders are indicated by an ATC value under the `` security tab! Seconds to check for updates on your personal investment capacity ) my stock positions to another broker COLFinancial. Forgot your password to validate orders listed below: all latest browsers can be accessed the. To empower the retail investor send the request via fax at ( 632 ) 6-515-888 and ask our agents assistance. What does the Term column interest accrued important col gtc order send us your receipt at remit colfinancial.com!
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