Intraday Buying Power Service (SMTN) is a service applied to customers using Margin trading on buying power (EzMarginPro) to otimize the buying power in short-term trading. Customers can easily register/cancel online via Eztrade or EzMobileTrading platforms. Customer’s changes will take effect in the following trading session.

Definitions and features of the Intraday Buying Power Service (SMTN):

- Intraday buying power service (SMTN) is an optional service in the Margin trading on buying power (EzMargin Pro) of FPTS, which Buying Power on the Customer’s account is increased at the start of each trading session based on calculating the Buying power rate (TLsm) for all margin stocks at the highest margin loan rate according to FPTS regulations (currently 50%). The increased buying power is only valid until the end of the trading session

- Leveraged by stocks in the account only applies to buying stocks, not to other transactions such as withdrawing/transfering money and exercising rights

- After the end of trading session, the margin loan rate (R) for the Customer’s account is calculated according to the Buying power rate (TLsm) of each margin stock

- Formula to calculate Intraday buying power:

Intraday buying power from stocks = Leveraged by stocks in the account Max - Leveraged by common stocks in the account

Wherein:

• Leveraged by stocks in the account Max = Σ (Number of stocks * Loan price * Intraday TLsm)
• Number of stocks = Maximum number of common stocks to calculate buying power + Maximum number of pending stocks to calculate buying power
• Loan price = Min (Market price, Maximum loan price)
• Intraday TLsm is the highest margin loan rate according to FPTS regulations

- Update number of Intraday buying power

At the time the stock market opens (usually at 19:00 on the previous trading day), number of intraday buy power will be calculated based on the list at that time and pushed up so that Customers can use it for the following trading session

• Note: Number of intraday buying power is only updated for accounts in Safe status at the time of update
• The highest margin rate applies to all pending stocks in the account at the time of update

- After FPTS runs the system at the end of daily trading session, the intraday buying power will be updated to equal 0, the rate R will be calculated based on the borrowing rate in the portfolio.

For example:

At the end of day T: Customer’s portfolio as follows:

- If Customers register the Intraday Buying Power service, the margin loan rate of Customers will be the highest rate according to FPTS regulations (currently 50%) for the stocks being loaned.

At that time, the leveraged from stocks in the account such as ACB, OCB and TCH will be calculated at a rate of 50% (including common stocks and pending rights) as follows:

- The leveraged buying power from stocks in the account of Customers will increase by 46,500,000 → This is the Intraday buying power of Customers.

• SMTN is added to the leveraged from stocks in the account and is updated just once at the time the market opens for the next trading session
• SMTN is only for buying stocks (withdrawing/transferring money is not accepted) Note: Orders will only be calculated at the standard TLV
• In case, the account has negative underlying buying power, increasing SMTN will offset the negative percentage that resulted in less SMTN being utilized

More information about Intraday Buying Power service (SMTN), please see here.