Equity Broking
We provide services to cater to the investing and trading needs of both retail and institutional investors, domestic and foreign.
List of Services
Equity Broking
Kenanga is one of the top three stockbrokers in terms of industry market share with a network of more than 17 branches and has the largest pool of remisiers in Malaysia. Our suite of services includes personalised dealer assisted channels to online self directed methods.
What we offer
Our client services are backed by in-house independent research covering the economy, industrial sectors and specific companies and these reports are published regularly. Our online trading and stock broking portals provide direct electronic access to research reports, real-time stock quotes and third party financial news. Kenanga’s Direct Market Access platform provides foreign institutions the ability to trade in Malaysian equities conveniently and efficiently.
Contact Details
For more information, please email us at [email protected] or visit our website
Global Equity Trading
With the aim of diversifying our client’s investment portfolio, we offer access to 15 foreign markets including those in Hong Kong, United Kingdom, Singapore and the United States through Kenanga’s global trading platform.
What we offer
We provide access to more than 15 equity trading markets worldwide.
- AMEX (American Stock Exchange)
- ASX (Australian Stock Exchange)
- FWB (Frankfurt Stock Exchange)
- IDX (Indonesia Stock Exchange)
- KLSE (Bursa Malaysia)
- KRX (Korea Stock Exchange)
- LSE (London Stock Exchange)
- NASDAQ (National Association of Securities Dealers Automated Quotation)
- NYSE (New York Stock Exchange)
- PSE (Philippine Stock Exchange)
- SEHK (Stock Exchange of Hong Kong)
- SET (Stock Exchange of Thailand)
- SGX (Singapore Exchange)
- SH-HK Connect (China A Shares-Shanghai)
- SSE (Shanghai Stock Exchange)
- SZ-HK Connect (China A Shares-Shenzen)
- SZSE (Shenzhen Stock Exchange)
- TSE (Tokyo Stock Exchange)
- TSX (Toronto Stock Exchange)
- TWSE (Taiwan Stock Exchange)
Contact Details
For more information, please email us at [email protected] or visit our website
Structured Warrants
Kenanga offers products that are risk-controlled access to equity, as well as provides leverage and diversification to clients’ portfolio.
What we offer
Structured Warrants are by and large an efficient way to take advantage of a given market scenario. The Equity Derivatives team offers Structured Warrants to traders and investors who seek opportunities to participate in the performance of the equity market. Warrants may be traded via a remisier or online.
NagaWarrants.com provides cutting-edge information and value-added support for warrant traders. The site is complemented by a team of investment professionals equipped with extensive experience and expertise to provide clients with what they need, to make the most out of their warrants portfolio.
Tools available on www.nagawarrants.com include:
- Live Matrix
- Warrant Scanner
- Warrants Charting
- Cash Settlement Calculator
- Market-Media Hotline
Contact Details
For more information visit our website or message us on telegram @KenangaWarrants or call 03-21722615 or email us at [email protected]
Equity Structured Solutions
Equity Derivatives tailors structured solutions for high net worth individuals, corporates & institutional counterparties.
What we offer
- Counterparties market access
- Protection against adverse market conditions
- Monetisation of shareholding
- Lowering cost of capital
- Diversification
Contact Details
For more information visit our website or message us on telegram @KenangaWarrants or call 03-21722615 or email us at [email protected]
Securities Borrowing and Lending (SBL)
SBL is a transaction where securities are transferred on a temporary basis from a lender to a borrower. The borrower is obliged to return the securities to the lender either on demand or at an agreed date. The borrower provides collateral with an agreed margin and pays a fee for the transaction, whilst lender receives a fee for the transaction.
SBL has been acknowledged by many markets as one of the important market component to improve market liquidity, price discovery, facilitating hedging and risk management activities.
SBL is conducted through negotiated transactions in the over-the-counter market.
SBL is regulated by the Securities Commission Malaysia and Bursa Malaysia.
What We Offer
With the aim of creating new value for our clients, Kenanga is offering our clients an opportunity to participate in our SBL service that help address client investment needs.
Kenanga SBL Service provides two services:
(a) Retail Securities Lending Service – A great way to earn extra income on securities you already own
(b) Retail Securities Borrowing Service – An effective tool to enhance your trading strategies
Retail Securities Lending Service
Don’t let your securities sit idle in your CDS account. Let your securities work harder for you!
- Retail Securities Lending Service offers opportunity for an investor (lender) to lend out securities to Kenanga (borrower), in a prudent way to:
- to earn extra income, without hassle and at minimum cost.
- to enhance yield on portfolio of securities.
- The loan is typically arranged on an open basis. Lender can recall or Kenanga can return loaned securities at any time.
- The lender receives a fee from Kenanga for the loaned securities.
- More than 200 securities are eligible for lending.
- The terms and conditions of the securities lending transactions are governed by a SBL Agreement executed between lender and Kenanga.
Other terms & conditions shall apply
|
|
How is the Retail Securities Lending process flow like? |
Will I be entitled to corporate actions such as dividends, bonus securities, rights issue etc of securities that I lent out?Although securities lending involves a transfer of securities title out from lender’s CDS account into borrower’s CDS account, economic benefits remain with you, as a lender. This means that Kenanga will be required to remit the entitlements arising from corporate action in respect of the loaned securities during the loan period to you in accordance with the SBL Agreement.However, you will not be entitled to any voting right when the securities are lent out. If a lender wishes to exercise voting right, the lender should recall the loaned securities within the stipulated timeline. |
How long must I lend out the securities?The loan is usually arranged on an open basis.This means that, Kenanga, as the borrower can return the loaned securities at any time or you, as the lender can recall the loaned securities at any time in accordance with the SBL Agreement. The loan term vary from trade to trade. Some may lend out for many months, while others may be for very short term. Typically, as long as there is a demand for the security, the security will remain on loan. |
How do I find out my securities is in demand?Demand of each security varies from time to time. To find out:a) You may contact your Dealer’s Representative, our branch or SBL Desk; or |
How do I transfer my securities that I agreed to lend out to Kenanga?You are required to complete and sign CDS transfer form and submit to Kenanga or the broking company that you maintain your CDS account (if outside of Kenanga) for the securities to be transferred for lending within the settlement date stipulated in the Trade Confirmation. |
Can I recall my loaned securities?Yes. You may recall the loaned securities in full or partial at any time in accordance with the SBL Agreement.However, you must provide notification to Kenanga before 12noon in order to receive returned securities within Bursa Malaysia’s prescribed settlement cycle. |
Will I be penalised if I recall my loaned securities?No, if SBL loan is entered at open basis, the lender may recall the loaned securities at any time without penalty. However, if SBL loan is entered into on fixed term basis, recall will be subject to penalty fee determined by Kenanga from time to time. |
What if I fail to deliver securities to be lent out within the agreed settlement date?You, as the lender shall bear the buy-in cost and any other costs incurred pursuant to SBL Agreement on the loaned securities or to pay the market value of the loaned securities to Kenanga. |
Do I receive any report or document to keep track of my loaned securities and lending fee?Kenanga will provide you with the following: |
What do I earn from this product?Lender will receive lending fee when securities are lent out. |
How is the lending fee determined?The lending fee is negotiable. It is determined on trade by trade basis subject to demand and supply of the securities. In general, the higher the demand for your securities, the higher your potential income. |
How is lending fee calculated?Fee is calculated daily based on the closing price of the loaned securities. The fee is paid on a monthly basis.
1 rate agreed between lender and Kenanga Example: Please note that share price of loaned securities may rise or fall depending on market conditions, which will affect potential earnings. |
Are there any other fees and charges to participate in securities lending?You are only required to pay: Note: Fees and charges are subject to changes. Please refer to your Dealer’s Representative or our branch for more information and updates. |
Retail Securities Borrowing Service
Let’s expand your trading strategies and investment alternative!
- Retail Securities Borrowing Service allows our clients to borrow securities from Kenanga,
- to enhance trading strategies and performance.
- to facilitate hedging and other risk management.
- to cover potential failed trade to avoid expensive buy-in cost.
- The loan is typically arranged on an open basis. Borrower can return or Lender can recall loaned securities at any time.
- The borrower must provide collateral and pay fee to Kenanga for the loaned securities.
- Loaned securities and collateral are marked to market daily.
- The borrower is obligated to deliver all the entitlements/corporate actions arising from the loaned securities to Kenanga.
- More than 200 securities are eligible for borrowing.
- The terms and conditions of the securities borrowing transactions are governed by a SBL Agreement executed between borrower and Kenanga.
Other terms & conditions shall apply
|
|
How is the Retail Securities Borrowing process flow like? |
How do I find out what securities are available for borrowing?
Availability of each securities and quantity varies from time to time. Please contact your Dealer’s Representative, our branch or SBL Desk for the latest list. |
Am I required to place collateral to borrow securities?Yes. Securities borrowing is fully collateralised. You must place collateral with Kenanga in order to borrow securities. |
How long can I borrow securities?The loan is usually arranged on an open basis. This means that there is no fixed lending period.You, as the borrower can return the borrowed securities at any time subject to prior notification to Kenanga. Similarly, Kenanga may also recall the loaned securities at any time by giving notice. If Kenanga recalls the borrowed securities, you are required to return the borrowed securities within Bursa Malaysia’s prescribed settlement cycle. Essentially, you must buy back the securities on the same day the recall notice is issued in order to fulfil settlement obligation. |
When will I receive the borrowed securities from Kenanga?Kenanga will deliver the borrowed securities into your SBL/RSS account upon receipt of the required collateral.It means that you must deliver the collateral to Kenanga by agreed timeframe before Kenanga delivers the borrowed securities into your SBL/RSS account. |
Can I transfer my borrowed securities to my normal trading account?No. The borrowed securities are only permitted to be transferred to your designated SBL/RSS account. |
How do I return borrowed securities to Kenanga ?Prior to returning the borrowed securities, you must provide a Return Notice to Kenanga. You may provide the Return Notice to your Dealer’s Representative or the SBL Desk, to perform the return.The borrowed securities must deliver to Kenanga’s account within the settlement date stipulated in the Return Notice Confirmation. |
What if I fail to return borrowed securities within the agreed settlement date?You, as the borrower shall bear the buy-in cost and any other costs incurred on the buy-back or to pay the market value of the borrowed securities to Kenanga pursuant to SBL Agreement. |
What happen if there is corporate action such as dividend/income distribution, bonus/rights issue etc. for borrowed securities?In accordance with the SBL Agreement, the borrower is required to remit the entitlements arising from corporate action if the securities are still under borrowing and have not been returned over the Record Date/Entitlement Date. |
What happen if the borrowed securities is no longer a SBL eligible securities or suspended?
|
Do I receive any report or document to keep track my borrowed securities and borrowing fee?
|
How is the borrowing fee determined?The borrowing fee is negotiable. It is determined on trade by trade basis subject to demand and supply of the securities.In general, the borrowing fee will be higher if stock availability is lower. |
How is borrowing fee calculated?The fee is calculated daily, commencing on the settlement date as stipulated in Trade Confirmation until such time when the securities are returned and credited into Kenanga account. The fee is paid on a monthly basis.
1 rate agreed between borrower and Kenanga Example: Please note that share price of borrowed securities may rise or fall depending on market conditions, which will affect your cost of borrowing. |
What if I fail to remit borrowing fee on agreed due date?
|
Are there any other fees and charges apart from borrowing fee?
|
Contact Us
To learn more, please contact your Dealer’s Representative, our branches or email SBL Desk at [email protected]
List of Services
Securities Borrowing and Lending (SBL)
SBL is a transaction where securities are transferred on a temporary basis from a lender to a borrower. The borrower is obliged to return the securities to the lender either on demand or at an agreed date. The borrower provides collateral with an agreed margin and pays a fee for the transaction, whilst lender receives a fee for the transaction.
SBL has been acknowledged by many markets as one of the important market component to improve market liquidity, price discovery, facilitating hedging and risk management activities.
SBL is conducted through negotiated transactions in the over-the-counter market.
SBL is regulated by the Securities Commission Malaysia and Bursa Malaysia.
What We Offer
With the aim of creating new value for our clients, Kenanga is offering our clients an opportunity to participate in our SBL service that help address client investment needs.
Kenanga SBL Service provides two services:
(a) Retail Securities Lending Service – A great way to earn extra income on securities you already own
(b) Retail Securities Borrowing Service – An effective tool to enhance your trading strategies
Retail Securities Lending Service
Don’t let your securities sit idle in your CDS account. Let your securities work harder for you!
- Retail Securities Lending Service offers opportunity for an investor (lender) to lend out securities to Kenanga (borrower), in a prudent way to:
- to earn extra income, without hassle and at minimum cost.
- to enhance yield on portfolio of securities.
- The loan is typically arranged on an open basis. Lender can recall or Kenanga can return loaned securities at any time.
- The lender receives a fee from Kenanga for the loaned securities.
- More than 200 securities are eligible for lending.
- The terms and conditions of the securities lending transactions are governed by a SBL Agreement executed between lender and Kenanga.
Other terms & conditions shall apply
|
|
How is the Retail Securities Lending process flow like? |
Will I be entitled to corporate actions such as dividends, bonus securities, rights issue etc of securities that I lent out?Although securities lending involves a transfer of securities title out from lender’s CDS account into borrower’s CDS account, economic benefits remain with you, as a lender. This means that Kenanga will be required to remit the entitlements arising from corporate action in respect of the loaned securities during the loan period to you in accordance with the SBL Agreement.However, you will not be entitled to any voting right when the securities are lent out. If a lender wishes to exercise voting right, the lender should recall the loaned securities within the stipulated timeline. |
How long must I lend out the securities?The loan is usually arranged on an open basis.This means that, Kenanga, as the borrower can return the loaned securities at any time or you, as the lender can recall the loaned securities at any time in accordance with the SBL Agreement. The loan term vary from trade to trade. Some may lend out for many months, while others may be for very short term. Typically, as long as there is a demand for the security, the security will remain on loan. |
How do I find out my securities is in demand?Demand of each security varies from time to time. To find out:a) You may contact your Dealer’s Representative, our branch or SBL Desk; or |
How do I transfer my securities that I agreed to lend out to Kenanga?You are required to complete and sign CDS transfer form and submit to Kenanga or the broking company that you maintain your CDS account (if outside of Kenanga) for the securities to be transferred for lending within the settlement date stipulated in the Trade Confirmation. |
Can I recall my loaned securities?Yes. You may recall the loaned securities in full or partial at any time in accordance with the SBL Agreement.However, you must provide notification to Kenanga before 12noon in order to receive returned securities within Bursa Malaysia’s prescribed settlement cycle. |
Will I be penalised if I recall my loaned securities?No, if SBL loan is entered at open basis, the lender may recall the loaned securities at any time without penalty. However, if SBL loan is entered into on fixed term basis, recall will be subject to penalty fee determined by Kenanga from time to time. |
What if I fail to deliver securities to be lent out within the agreed settlement date?You, as the lender shall bear the buy-in cost and any other costs incurred pursuant to SBL Agreement on the loaned securities or to pay the market value of the loaned securities to Kenanga. |
Do I receive any report or document to keep track of my loaned securities and lending fee?Kenanga will provide you with the following: |
What do I earn from this product?Lender will receive lending fee when securities are lent out. |
How is the lending fee determined?The lending fee is negotiable. It is determined on trade by trade basis subject to demand and supply of the securities. In general, the higher the demand for your securities, the higher your potential income. |
How is lending fee calculated?Fee is calculated daily based on the closing price of the loaned securities. The fee is paid on a monthly basis.
1 rate agreed between lender and Kenanga Example: Please note that share price of loaned securities may rise or fall depending on market conditions, which will affect potential earnings. |
Are there any other fees and charges to participate in securities lending?You are only required to pay: Note: Fees and charges are subject to changes. Please refer to your Dealer’s Representative or our branch for more information and updates. |
Retail Securities Borrowing Service
Let’s expand your trading strategies and investment alternative!
- Retail Securities Borrowing Service allows our clients to borrow securities from Kenanga,
- to enhance trading strategies and performance.
- to facilitate hedging and other risk management.
- to cover potential failed trade to avoid expensive buy-in cost.
- The loan is typically arranged on an open basis. Borrower can return or Lender can recall loaned securities at any time.
- The borrower must provide collateral and pay fee to Kenanga for the loaned securities.
- Loaned securities and collateral are marked to market daily.
- The borrower is obligated to deliver all the entitlements/corporate actions arising from the loaned securities to Kenanga.
- More than 200 securities are eligible for borrowing.
- The terms and conditions of the securities borrowing transactions are governed by a SBL Agreement executed between borrower and Kenanga.
Other terms & conditions shall apply
|
|
How is the Retail Securities Borrowing process flow like? |
How do I find out what securities are available for borrowing?
Availability of each securities and quantity varies from time to time. Please contact your Dealer’s Representative, our branch or SBL Desk for the latest list. |
Am I required to place collateral to borrow securities?Yes. Securities borrowing is fully collateralised. You must place collateral with Kenanga in order to borrow securities. |
How long can I borrow securities?The loan is usually arranged on an open basis. This means that there is no fixed lending period.You, as the borrower can return the borrowed securities at any time subject to prior notification to Kenanga. Similarly, Kenanga may also recall the loaned securities at any time by giving notice. If Kenanga recalls the borrowed securities, you are required to return the borrowed securities within Bursa Malaysia’s prescribed settlement cycle. Essentially, you must buy back the securities on the same day the recall notice is issued in order to fulfil settlement obligation. |
When will I receive the borrowed securities from Kenanga?Kenanga will deliver the borrowed securities into your SBL/RSS account upon receipt of the required collateral.It means that you must deliver the collateral to Kenanga by agreed timeframe before Kenanga delivers the borrowed securities into your SBL/RSS account. |
Can I transfer my borrowed securities to my normal trading account?No. The borrowed securities are only permitted to be transferred to your designated SBL/RSS account. |
How do I return borrowed securities to Kenanga ?Prior to returning the borrowed securities, you must provide a Return Notice to Kenanga. You may provide the Return Notice to your Dealer’s Representative or the SBL Desk, to perform the return.The borrowed securities must deliver to Kenanga’s account within the settlement date stipulated in the Return Notice Confirmation. |
What if I fail to return borrowed securities within the agreed settlement date?You, as the borrower shall bear the buy-in cost and any other costs incurred on the buy-back or to pay the market value of the borrowed securities to Kenanga pursuant to SBL Agreement. |
What happen if there is corporate action such as dividend/income distribution, bonus/rights issue etc. for borrowed securities?In accordance with the SBL Agreement, the borrower is required to remit the entitlements arising from corporate action if the securities are still under borrowing and have not been returned over the Record Date/Entitlement Date. |
What happen if the borrowed securities is no longer a SBL eligible securities or suspended?
|
Do I receive any report or document to keep track my borrowed securities and borrowing fee?
|
How is the borrowing fee determined?The borrowing fee is negotiable. It is determined on trade by trade basis subject to demand and supply of the securities.In general, the borrowing fee will be higher if stock availability is lower. |
How is borrowing fee calculated?The fee is calculated daily, commencing on the settlement date as stipulated in Trade Confirmation until such time when the securities are returned and credited into Kenanga account. The fee is paid on a monthly basis.
1 rate agreed between borrower and Kenanga Example: Please note that share price of borrowed securities may rise or fall depending on market conditions, which will affect your cost of borrowing. |
What if I fail to remit borrowing fee on agreed due date?
|
Are there any other fees and charges apart from borrowing fee?
|
Contact Us
To learn more, please contact your Dealer’s Representative, our branches or email SBL Desk at [email protected]