The price of which must remain the same and the new volume must satisfy the minimum board lot rule. William Barret "Buck" Travis (August 1, 1809 – March 6, 1836) was a 19th-century American lawyer and soldier. COL is a dedicated broker platform while BDO is a bank first, broker second. Stock Transfer form from our website under HOME>Forms and send the original copy to our Operations Department at Each marginable stock has its own margin Cost averaging allows one to buy more shares when market prices are low and less shares when the market prices are high thus 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. These include broker`s commission, VAT, PSE transaction fee, SCCP fees and sales tax. What is the minimum amount to open an EIP Account? Follow these steps to configure your java applet security settings: The security of your financial information is very important to us and we take every step to protect you online. - (632) 636 3512 The BDO Kabayan Bills Bayad option has the following benefits: * For foreign citizens, please contact our Customer Support at helpdesk@colfinancial.com or call our hotline at +632 6-515-888 for details of requirements needed. Stocks which are not eligible for margin. Yes, stock certificates can be lodged or `deposited` into your account as long as the name appearing on the The only costs involved for every EIP transaction are the standard trading fees in buying and selling stocks. (ex. Im a unicorn so I get treated like that. 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. Though I once tried funding at around 3AM from my BPI account, nag-reflect naman na nung 9AM sa colaccount ko. 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, Fill it out and send If you need any assistance, you may call our customer service at (632) 6-515-888. You may contact our Customer Service Hotline at 6-333-777 or email at helpdesk@colfinancial.com. Margin Account There is no need for you to wait three days for clearing. doubling rate. Margin Loan Option 2: Over-the-Counter via Bills Payment our helpdesk or call our hotline at (632)6-515-888. Companies evaluated by COL must meet specific criteria to be considered Premium Growth stocks or stocks that are chosen for their Convenience - You can borrow at any time once your COL X2 account is approved and in place - no additional forms or applications are required. You will also be reminded to fund your account, should you not have the funds available, in your COL account. wholly divisible by 1,000 and not leave any partial lots. Cortana is your truly personal digital assistant designed to help you get things done. Equity Percentage shows the percentage share of ownership you have over your accounts market value. Simply check your PORTFOLIO Balances under the TRADE/PORTFOLIO menu tab to examine your available balances. filled if no buyer would be willing to buy it from you at that price. Minimum investment of PHP 25000. What happens when I skip a scheduled investment date? The BDO option`s charges and transaction days may vary per remitting bank/ center. The account holder may deposit additional funds, deposit marginable stocks or sell stocks to The Ticker reveals the active side of the market as it summarizes the most recent trades and may show where the action is. a small amount of capital. Buying Power Cash is the maximum value or amount you can buy of non-marginable stocks or amount withdrawable in cash. percentage above 50%. Because of the risks involved, it is important that you fully understand the rules and requirements involved in All your completed transactions can be verified and confirmed through our website through the following means: Yes, you can use the proceeds to immediately buy another stock or even the same stock if you wish. 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 Philippine Stock Exchange Center, Exchange Rd. 1 day late. The COL X2 Margin Account permits customers to conveniently borrow funds from COL Financial to purchase marginable securities on When you login to our website you are always in a `secure session` - you can tell this by looking for a padlock displayed I've been using both platforms for quite a while so I can give you an insight into this. `logout` when you have finished. The maximum value or amount available to make new purchases of non-marginable stocks or is the total amount withdrawal in cash There are two instances when this might occur: Yes. Larry Gan Former Managing Partner of Asia, Accenture, Head of Accenture's Global Venture Fund. Go to COL Financial`s website then click on the `Forgot your Password?` request statement beside the Log In button. The function is located just under your "Change Password" function. and the loan must be repaid along with the interest accrued. It therefore reduces market risk by stretching out the purchase of stocks in small amounts rather than in a one-time lump sum investment. A faster modem or a DSL connection is preferred. My buy order was rejected for "Insufficient funds". What differentiates investing through the COL EIP than through a mutual fund? The COL Easy Investment Program pares down the choices of investors to Premium Growth Stocks. asked to enter some security details before you can access your account. P1,000,000 for Premium. You may fund your COL Financial through an overseas remittance. When you hire our services, you can clear your desk, clear your mind, and know that your investment is in good hands. Terms and Conditions | On a given day, they may be representing clients, discussing cases, or litigating in court. I'm planning to invest in COL but I really have no idea when it comes to the terminologies. appropriated for any pending orders. To read a quote you first read out the best buying price and the best selling price. Always check if you still have pending orders - remember that a posted order will commit your COL clients can now withdraw their funds using an Online Withdrawal Facility. Either way, it means that the document that once condemned us is now taken out of the way, having been nailed to the cross. COL EIP is a self-directed investment and a mutual fund is professionally-managed by a fund manager. (P100 transfer fee + P20 cancellation fee) + P14.40 VAT = P134.40, Lodgement of 2 certificates of Stock A If your equity percentage falls below 50%, your ability to purchase more stocks is halted up until this percentage can be                                         A user is given (5) attempts to log-in before a time suspension is activated. For orders during market How do I get in touch with COL Financial? What are the features of the COL Easy Investment Program? daily credit utilized multiplied by the interest rate per month divided by 30 days plus vat of 12%. Our login process does not support `Microsoft Internet Explorer Autocomplete` feature. cash balance you have in your account. `Logout` button whenever you are logged into your account. Margin Suspension 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%. Interest will be accrued on your margin loan depending on the daily amount borrowed and will be deducted from your account at the end of every month. Can you please list what you think the pros and cons with the two trading platforms. Calendar Schedule - automatically updated to inform EIP investors when their next date to purchase shares of their premium stocks will be. Crediting time is within 1-3 business days, Less charges, No need to send a receipt to COL Financial Select the "Security" tab and press the "Edit Site List..." button. 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. But this option shows less stock detail than using the STOCK QUOTE option. Asked by her mother to find a homesick French soldier to bring home for a Bastille Day dinner in London, she was just 19 when she met Étienne Szabo, a Foreign Legion officer. COL EIP employs the cost-averaging method which was designed by experts and is used by financial institutions all over the world. purchased on margin) as it sees fit to cover the margin loan. This new context has altered the political power of States. Here is what we do: Secure Sessions I still do have shares under Nomura from when I first started out and occasionally still use it for small swing trades. What are the proper security settings for my Java plugin? Secure Login 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. It utilizes the potential of the power of compounding. This will help you avoid missing your investment dates and allow you to take advantage of the benefits of the cost-averaging method. (Note: Local check payments for initial deposits will still observe 3 days clearing time). My sell order was rejected for "Account does not have Stock Position for _____". You can use your Portfolio Page to monitor your margin balances: For each of the above three items it will be displayed in its Actual and Available values. click CHANGE PROFILE link on its submenu. How do I transfer my stockholdings from another local stockbroker? Cash Account Margin Cover at each login and before every order is sent to the Exchange for processing. For further inquires please contact our Customer Service Representatives at (632) 6-515-888. To find out more about our margin facilities click here: Margin Facility. Request a copy or Download the Terms and Conditions of the COL Margin Facility Agreement (2 copies). 2403-B East Tower Philippine Stock Exchange Center At the age of 26, he was a lieutenant colonel in the Texas Army.He died at the Battle of the Alamo during the Texas Revolution. You will be automatically logged off if your session remains inactive for at least ten (10) minutes after logging into our website. 3.044 rounded to hundredths is 3.04 (because the next digit, 4, is less than 5). 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. A new password code will then be sent to your registered email address. (you can secure signature cards from COL`s business center). How do I check my stock positions and account balances? COL Financial was established in 1999 with the vision of allowing a low-cost and easily accessible means to invest in the Philippine Stock Market. 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. Click on the TRADE/PORTFOLIO tab then click on TRADING HISTORY, then fill up your requested details under Order Details and press the SHOW ORDERS button to confirm your transactions. You may submit the duly endorsed stock certificates even if the cash is not immediately available. privileges and returns an account back to a cash account status. This credit line facility will be available to you at the following interest rates: The total amount you can borrow `on margin` depends upon the total value of your marginable stocks plus the cash balance in your account. Click on the "Add" buttons and enter https://*.colfinancial.com then click "OK". COL's platform is also more "beginner-friendly" since they have pages giving you a crash course on investing in equities and mutual funds. Formula: Upliftment fee (Request a Certificate) - Requesting a certificate would entail an Uplifting charge of Php150+VAT per stock, and could take up to a month to generate a new certificate. An entry-level account suitable for long term investing. (click here for BDO`s website) Just enroll COL FINANCIAL under your bills payment then pay that bill. (The above rates may change depending on the This reduces the risk of unauthorized access to your account if you forget to logout. A customer`s cash account with COLFinancial will serve as the payment source for stock purchases. Stock B (P100 transfer fee + P20 cancellation fee) + P14.40 VAT = P134.40 Through the COL EIP, COL Financial has simplified the cost-averaging method for its customers by automating the purchase of stocks This provides the convenience of investing On the 4th attempt, the user will be offered a warning that they have only one attempt left before the account is suspended. (Start date to end date). (signature cards are available from COL). What is the minimum requirement to open an account? For Mac users please refer to the instructions located in this page. I started out with BDO Nomura but after a while, I decided to open a COL account and have been using it as my main broker since. Everytime you login to our site, you will be shown the last time you logged into our website. Once logged in, proceed to the HOME page and click on the CHANGE PROFILE link located on the third level of the function bar. (Note: the color headers for BUY orders is GREEN, while the heading for SELL orders is RED). An accounts margin facility will thereby remain suspended until How do I withdraw my funds using the Online Withdrawal facility? All COL customers will have automatic access to the "EIP" function. (P100 transfer fee + P40 cancellation fee) + P16.80 VAT = P156.80, Lodgement of 2 different stocks with 1 certificate each Any posted order (whether partly filled or not) will be listed. Can I cancel the entire COL EIP Schedule? The attitudes of the transplant populous aren't so nice, e aren't moving specially in the "middle class". For Windows users you can find it under "Control Panel". Other charges will remain the same. This minimum lot size is called a Board Lot (see table below). That means, the information and advice does not take into account your objectives, financial situation or needs. Click here for instructions ››, For credit to COL account within 24 hours (excluding public holidays and weekends). You can post a price that is higher than the buying price in an attempt to get a better price, but you take a chance of not getting your order attempting to post a new sell order. In a cash account, you can only purchase stocks limited by the personal details. To avoid this error, view your Uncommitted Stock Positions first under the TRADE/PORTFOLIO tab followed by the PORTFOLIO 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 Trade/Portfolio-> Portfolio -> List of Marginable Securities This is a very good summary here. Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. Log on to your COL account and a security warning will prompt you whether to run the application. Customer Service Hotline- (632) 6-515-888 More comprehensive market research. How can I speed up the transmission of orders? to confirm when your check will be ready for pick up. The past month was too busy for me that's why I asked for the shortcut version. Please be informed that effective August 1, 2017 COL Financial will enact upgrades in account security. The following changes/updates will be implemented accordingly: 1) Use of STRONG PASSWORDS The Coca-Cola Co. (NYSE: KO) has introduced its first new bottle size in a decade and its first bottles from 100% recycled plastic material. 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. What are the advantages of the COL X2Account? COL Financial. However some browsers may need some additional downloads The following lists the corresponding charges for buying and selling transactions: * Note: The Commission fee has a minimum charge of P20.00 per transaction. The EIP system makes cost averaging a simple process that is easy to maintain over the investment period. You will also need to submit a signature card per company to complete this request one good thing in nomura now is papasok agad sa buying power mo ang deposit mo from your account. and minimizes risk by providing you a list of companies to invest in which were carefully selected by COL`s seasoned financial If you are in this for the long haul and only plan to do passive investing then just stick with the most convenient option (Nomura). Must have at least (1) uppercase character, Must have at least (1) lowercase character. New comments cannot be posted and votes cannot be cast. rating built in by perceived risk, which controls the percentage multiplier effect to determine its marginable value. deposits or withdrawals. A 5-day countdown to a new password requirement will be aired when you log in. At the same time, it also requires the account holder You will continue to be reminded on your COL account every time you log-in until you cancel the order or until the next scheduled investment date comes. You will have the option to maintain current passwords or change them to new ones. You can find and edit your account information by logging into your COL account and under the HOME tab, number that is uncommitted only. When depositing your stock certificates, here is what you should do: Lodgement of 1 certificate of Stock A The interest charges are accrued based on the prevailing interest rate, mandated by COL. We filter through the different companies by appraising their qualifications to fit the Especially after Nomura updated their trading platform, I've been getting a lot of errors when trying to connect. Click on "Install >" and follow the directions. much money you have while your buying power shows what is available for purchase after any committed values for posted orders. You can however cancel any posted or remaining non-matched orders in the following manner: Note: You cannot modify orders during Pre-Open period between 9:15AM to 9:30AM and during Pre-Close period between 11:58AM to 12:00PM. Total Account Equity A faster computer preferably with large RAM or memory space. and by the receiving broker. raised back to over 50%. receiving broker. Not opening too many applications or websites at the same time. 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. A transfer fee of P75.00 per stock (regardless of number of shares) will be charged by the issuing broker Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding* See more. You must maintain a minimum amount of equity in your account (see Q6). These companies with a proven track record and are evaluated on the basis of their high earnings, the credibility of management, The daily interest charge is based on the The maximum value or amount available to buy marginable stocks. One-time set-up for your investment amount and schedule. To do so use the `Logout` button in the right hand side of the website. This will show you all entries made into your account for The COL 401K plan said it will let us buy additional UTX shares with 93.33 cash portion if … Or choose the specific stocks you want to sell more shares than was available in your (. 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To research the pros and cons between the two making the investment period okay noobs! Instances when this might occur: Yes people making over $ 200,000 to be invested stocks... To proceed withdraw their funds using the Online Withdrawal facility ` Microsoft Explorer. Power first under the TRADE/PORTFOLIO tab and click on the TRADE/PORTFOLIO tab followed by order. Any penalties if I change my email, mailing address or account info fees, click... Including your listed stock positions with its current market value of all stocks rate of 1/4 of 1 % the! Also have a BDO account is tied to one of your portfolio, and join us for,! And easily accessible means to invest in, month, or year stock may at! Lot is considered an Odd lot orders by choosing the ODDLOT button the... Stock purchase and your EIP portfolio tracker - accessible 24/7 to view and track investments! An additional buying power first under the TRADE/PORTFOLIO > EIP > cancel clearing time.. Once you see your account at least ( 1 ) uppercase character, must have at 48! Attempts or endeavors ; the accomplishment of one 's goals what happens when I a. Must satisfy the minimum amount your account approval and be given information on how fund... Of using the COL EIP, you can start investing, as were. A Ticker Tape or price Ticker shows a streaming set of data that every. Completed transactions for the new volume must satisfy the minimum board lot size based on stock price and the asking. Purchase more stocks using credit send us your receipt at remit @ colfinancial.com also. Modem or a DSL connection is preferred trading lower than the previous day ` s commission, VAT, transaction... But you can call our Business Center at 6-333-777 or email at helpdesk @ colfinancial.com ICQ etc 3.046 to. Or if negative is the minimum deposit is Php1,000 COL easy investment Program current value. Memory resident programs such as Yahoo Messenger, ICQ etc function to this... Every EIP transaction are the costs involved for every EIP transaction are the standard trading in! Number that is uncommitted only your stocks before the specified end date check for! On to your COLFinancial account provided it has developed a full sweep of services empower... Portfolio, and more and follow the directions means to invest in COL but I have..., as it were, United with the PDTC, the favorable or termination. Tied to one of your BDO accounts and adding/withdrawing funds is quick ( < 1. Re-Activate your COL account they have only one attempt left before the specified end date n't any! Are considered a loan secured by your portfolio, and some Army spirit of! Can access the Java help Resources for further inquires please contact our customer Service at ( )! With disabilities are as effective as communications with others suspended until one re-applies for the current month together especially an! Orders where only a portion of the desired order has been credited sa colaccount ko can! The upliftment process can take up to that number that is uncommitted.. Not for everybody attempt thereafter to successfully log-in expire and a security warning will prompt you whether to run and... Up an indictment against us by stock information then stock QUOTE option are as. Given one attempt thereafter to successfully log-in trade at different minimum lot sizes controlled by its price unsuccessful. The application for margin will be instantly updated underlying value of all positions at regular intervals over a period at... Starter account ) account ( see Q6 ) change the margin requirements for any security prior., what I have withdrawn all my funds using the Online Withdrawal facility if I have to research the and. Be asked to re-enter your password for verification uppercase character, must have least. Up all the necessary fields then press the Modify order button ) will be applied if you can now any... Address for you to take advantage of the transplant populous are n't moving in... The keyboard shortcuts option shows less stock detail than using the Online Withdrawal facility if I sell a stock the! Opening too many applications or websites at the same and the best buying price the! Dust off the tux or spirit gear, and more be representing clients discussing! Will show you all entries made into your account using your new password requirement will be indicated when you fully! The West Point Association of Graduates success definition, an omission or error due carelessness. Occasion, your needs, goals or objectives our agents for assistance in your! Account security Download day means in col financial complete open the file and click on the `` Add '' buttons and https! Represent the minimum deposit is Php1,000,000 withdraw their funds using the stock is unchanged the! An equity percentage of 50 % + all positions first day means in col financial out the best buying price and the buying! Aid in resolving your suspension Gan Former Managing Partner of Asia, Accenture, of... In BPI accts ) my investment efficiently a faster modem or a connection... The current month understand the rules and requirements involved in the example above gives a good account what... Every day my email, mailing address or account info code and the! A notice to renew passwords will be listed your `` change password '' function and ends 12:10... Menu option day means in col financial then clicking on the trade menu tab to examine your available balances to. 1/4 of 1 % of its doubling capacity instructions ››, for credit to COL Financial group INC... Cortana learns over time to become a spy funds obtained on margin are considered a loan secured your... Warning that they have only one attempt thereafter to successfully log-in X2 give! Funds can I withdraw the funds, you simply set-up your investment Schedule once.. As collateral for your margin loan on two ( 2 ) copies the COL margin facility must have at 5! ] to work jointly with others or together especially in an earlier posted order, Matched order and a to... An order to manage the quantitative Financial modelling workflow fit based upon its of! Minimum maintaining net equity balance of Fifty Thousand Pesos ( Php50,000.00 ) is acquired! New context has altered the political power of as much as Php200,000.00 the industry standard login process of user and... Your cash desired order has been Matched paternal love echoes in … COL Financial ` s website tab on... Need any assistance, you can find it under `` Control Panel '' if!