How to invest in single stock futures

How do I trade in Single Stock Futures?

STEP ONE: Register online for a new trading account and PSG web profile.

STEP TWO: If you are a new client, send us your FICA documents. We will open your online trading account within 72 hours of receiving these.

STEP THREE: Log in to your account, using your username and password.

To place a trade for IDX, please contact our dealing desk on +27 (11) 996 5200 or email dealingdesk@psg.co.za for assistance.

STEP FOUR: Choose your account and place an order through the 'New Order' screen.

What banking details do I use?

Login to access the banking details relevant to your account.

Please note that the banking details for South African residents are different to those for traders who do not live in South Africa and do not have a South African ID. In addition, please note that cheque deposits are not accepted on either of these accounts.

Direct client fees

Equity derivative contracts

Please note:

• Interest on cash balances in the account will be paid at the JSE Trustees rate.

Index future contracts

• R21.93 (excl. VAT) per ALSI contract traded
• R4.39 (excl. VAT) per ALMI contract traded

Please note:

• The funding/earning interest rate applicable to this product is determined by the JSE central order book.
• Interest on cash balances in the account will be paid at the JSE Trustees rate.
• Initial Margin are calculated by the JSE and PSG will require 1.5 times JSE initial margin.

International Single Stock Futures (IDX)

Please note:

• Interest on cash balances in the account will be paid at the JSE Trustees rate.