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TERMS AND CONDITIONS OF THE DRIVEN CAMPAIGN

1. Introduction
  • 1.1

    The Driven Campaign consists of a recurring monthly event (“Monthly Win Event”) and a lucky draw (“Grand Draw”) conducted by CGS-CIMB Securities (Singapore) Pte. Ltd. (“CGS-CIMB”) and is subject to these terms and conditions. Unless otherwise defined, capitalised terms used in CGS-CIMB’s General Terms and Conditions shall have the same meaning when used herein.

  • 1.2

    The Monthly Win Event and the Grand Draw (collectively the “Events”) are separate events. The Monthly Win Event is a recurring monthly event from 1 July 2021 to December 2021 (both months inclusive) (“Qualifying Period”) and culminates in the Grand Draw, which has a single grand prize to be won.

  • 1.3

    For the Monthly Win Event, an eligible participant is issued with a virtual score (“Tickets”) corresponding to the number of trades that the participant makes in each month. This will be used to determine the winners for the Monthly Win Events. A participant’s Tickets resets on a monthly basis for the Monthly Win Event.

  • 1.4

    As for the Grand Draw, participants are also issued with Tickets corresponding to the number of trades that they make over the course of the Qualifying Period, which do not reset, and the top 10 participants with the highest number of Tickets at the end of the Qualifying Period will form a pool of 10 Grand Draw participants. 1 winner will be selected from this pool of Grand Draw participants by way of lucky draw and that winner will receive the grand prize.

  • 1.5

    Please refer to the schedule below for more information as to how Tickets are awarded.

  • 1.6

    A dynamic leaderboard of the top 10 positions will be available by 15th August 2021 for participants to ascertain whether they are among the top 10 Grand Draw participants at a given point in time.

2. Eligibility
  • 2.1

    The Events are open to all new and existing clients of CGS-CIMB who have any of the following accounts, namely, a Cash Trading Account (individual or joint), Cash Upfront Trading Account (individual or joint), Margin Trading Account (individual or joint), CFD Trading Account, Forex Trading Account, Leveraged Forex Trading Account, Futures Trading Account and/or a Global Investment Account with CGS-CIMB, and who meet all other criteria and conditions as set out in these terms and conditions.

  • 2.2

    Any individual whose account(s) with CGS-CIMB is/are designated as delinquent or whose account(s) is/are terminated, suspended or closed by CGS-CIMB at any time during the Qualifying Period shall not be eligible to participate in the Events. Any individual that is adjudged bankrupt or who has pending bankruptcy proceedings at any time during the Qualifying Period shall not be eligible to participate in the Events.

  • 2.3

    Employees, representatives and agents of CGS-CIMB or its affiliates, subsidiaries and related corporations are not eligible to participate in the Grand Draw or the Monthly Win Event.

  • 2.4

    A participant can only win a maximum of two prizes from the Events, namely, one prize from a Monthly Win Event and the Grand Draw’s prize.

3. The Events
The Monthly Win Event
  • 3.1

    The Monthly Win Event is a recurring monthly event that takes place over the Qualifying Period. Participants in the Monthly Win Event are issued with Tickets corresponding to the number of trades that they make in that given month. Please refer to the Schedule which illustrates how Tickets are awarded.

  • 3.2

    CGS-CIMB may, from time to time, introduce certain time limited promotions where participants may receive a higher number of Tickets than usual when trading certain products. These additional promotions will be made known via dedicated landing pages on CGS-CIMB’s website.

  • 3.3

    The Monthly Win Event consists of 6 prizes to be given out to 6 different winners, in the order of 1st, 2nd, 3rd and so on. The 1st, 2nd and 3rd positions are open to all clients (regardless of which business department they trade under) and go to the top 3 clients in terms of Tickets received in that month. The 4th, 5th and 6th positions are only open to clients that trade under a specific business department, with reference to the table below.

  • 3.4

    By way of example, if the 1st place winner is a client from the Retail business department, and the 2nd and 3rd place winners are clients from another business department, the 4th place winner must necessarily be a client from the Retail business department. As the 1st place went to a client of the Retail business department, and the 2nd and 3rd places went to clients of other business departments, the 4th placed client would be the client of the Retail business department that obtained the 2nd highest number of Tickets as compared to all other Retail business department clients in that month.

    Month 1st place 2nd place 3rd place 4th place 5th place 6th place
    July Any Any Any Retail Private Wealth ProsperUs
    August Any Any Any FXD Retail Private Wealth
    September Any Any Any Futures FXD Retail
    October Any Any Any CFD Futures FXD
    November Any Any Any ProsperUs CFD Futures
    December Any Any Any Private Wealth ProsperUs CFD
  • 3.5

    The [last 3 numerical digits and letter] of the 6 monthly winners can be found on a designated landing page on CGS-CIMB’s website. Please refer to paragraph 5 below for details of the prizes to be won in relation to the Monthly Win Event.

4. The Grand Draw
  • 4.1

    The Grand Draw is a single lucky draw event that is conducted by hand and will take place on 7 February 2022.

  • 4.2

    The Grand Draw consist of 1 grand prize to be given out to 1 winner only, who will be determined by way of lucky draw from a pool of 10 Grand Draw participants. The 10 Grand Draw participants are the participants that have obtained the top 10 highest number of Tickets overall, in relation to the Grand Draw.

  • 4.3

    The Grand Draw shall be conducted at 10 Marina Boulevard, #09-01, Singapore 018983 at 8pm, or on such other date or time or at such other venue as may be determined by CGS-CIMB at its sole discretion. CGS-CIMB and its officers shall conduct the Grand Draw. The Grand Draw shall also be streamed for viewers to view the Grand Draw virtually.

  • 4.4

    The [last 3 numerical digits and letter] of the winner of the Grand Draw shall be published within 7 days of the winner being determined, on CGS-CIMB’s website and on The Straits Times. The winner shall also be notified by ordinary post with reference to the winner’s residential address as maintained in CGS-CIMB’s records as at the date of the Grand Draw’s lucky draw

  • 4.5

    Please refer to paragraph 5 below for details of the grand prize to be won in relation to the Grand Draw.

5. The Prizes
  • 5.1

    There are 5 types of prizes from the Monthly Win Event to be given to the 1st – 6th winner for each Monthly Win Event. In order of first to last, the prizes are i) 1 Apple iPhone 13 Pro Max, ii) 1 Apple Macbook Air 13 inch M1 chip 2020, iii) 1 Apple iPhone 13, iv) 1 Apple iPhone 13 Mini, v) Apple iPad (9th Generation) 2021 and vi) a pair of Apple AirPods Pro. These prizes are worth approximately S$30,000 in total.

  • 5.2

    The Grand Draw has 1 prize, a Tesla Model 3 car (“Tesla Car”), worth approximately S$150,000.00. Save for the vehicle itself, any and all other incidentals such as the Certificate of Entitlement (COE), Motor Vehicle Insurance, road tax, registration number plates, IU unit, registration fee and GST applied on number plates and IU unit shall not be provided. The colour of the Grand Draw prize will be grey.

  • 5.3

    CGS-CIMB shall be entitled at its sole and absolute discretion to forfeit the prizes from any winners or disqualify any individual from the Events

  • 5.4

    The prizes are non-transferable, non-refundable and non-exchangeable for cash, credit, goods, or benefits in kind.

  • 5.5

    All prizes are subject to availability. CGS-CIMB reserves the right to withdraw or substitute the prizes in the Events with other items of similar value (but shall not be under any obligation to do so) without prior notice and without assigning any reason.

  • 5.6

    All prices and values stated here are correct at the time of printing. Prize images shown in any marketing and advertising material are for illustration purposes only and colours or specifications may vary from the actual prize received. Prize winners are responsible for making the necessary arrangements for the delivery and/or collection of the prizes, and for any costs whatsoever incurred in connection with the prizes, including but not limited to the transportation and delivery costs of the prizes and any and all other third party costs (e.g., commission, ownership transfer, etc.).

  • 5.7

    Prize winners are also responsible for any tax, incidental cost and/or any other charges relating to the prizes unless stated otherwise. CGS-CIMB shall not be held responsible or liable for any such tax, incidental cost and/or charges. CGS-CIMB shall not be liable or responsible for any damage or injury caused by or in connection with any prize or any failure or neglect of CGS-CIMB’s agents/distributors to supply such prize.

  • 5.8

    To the fullest extent permitted by law, CGS-CIMB expressly excludes and disclaims any representations, warranties or endorsements, express or implied, written or oral, including but not limited to any warranty of quality, merchantability or fitness for a particular purpose in respect of the prizes.

6. General
  • 6.1

    Where an account is joint, i.e., opened in the names of two or more persons, only the main account holder shall be issued with Tickets.

  • 6.2

    CGS-CIMB’s transaction records, contract notes and other documents evidencing the transactions in the products described in the Schedule, as well as CGS-CIMB’s computation as to the total number of Tickets to be allotted to a participant shall be absolute, final and conclusive. All participants of the Events shall abide by any and all decisions made by CGS-CIMB in relation to the Events, and CGS-CIMB shall not be obligated to respond to any enquiries, appeals, objections or to otherwise explain any decision made in relation to the Events.

  • 6.3

    CGS-CIMB shall not be responsible or liable for incomplete, lost, late, damaged, illegible or misdirected mail or e-mail, technical hardware or software failures of any kind, lost or unavailable network connections, or any failed, incomplete, garbled or delayed electronic transmission which may affect a participant’s participation in the Events.

  • 6.4

    Without prejudice to the generality of the foregoing, in no event shall CGS-CIMB, its affiliates, and any of their respective employees, directors, officers, representatives and agents be liable for any loss or damages (including, without limitation, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties) howsoever arising whether in contract, tort, negligence or otherwise, in connection with the Events or its prizes, even if CGS-CIMB had been advised of the possibility of such loss in advance. All such loss is hereby expressly excluded.

  • 6.5

    By participating in the Events, each participant is deemed to have read, understood and agrees to be bound by the official rules, regulations, decisions of CGS-CIMB, these terms and conditions, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that such participant may have entered into with CGS-CIMB. Any breach or failure to comply with the foregoing shall result in the disqualification of the participant from the Events. Any fraud or abuse (as determined by CGS-CIMB in its sole discretion) by any participant of the Events or a breach of these terms and conditions by a participant shall result in the forfeiture of the Participant’s eligibility to participate in the Events and/or their prizes.

  • 6.6

    By participating in the Events, each participant agrees and consents to CGS-CIMB collecting, using and disclosing such participant’s personal data for purposes reasonably required by CGSCIMB to administer the Events and for such other purposes as described in CGS-CIMB’s General Terms and Conditions which you confirm you have read and understood.

  • 6.7

    After the winner of the Grand Draw has been notified of such win, the winner is required to contact the representative from Cars & Stars Pte. Ltd., whose contact details shall be provided in the winner’s notification letter from CGS-CIMB. Thereafter, all correspondences in relation to the collection of the Tesla Car and all other matters relating thereto shall be made between the winner and Cars & Stars Pte. Ltd..

  • 6.8

    For the avoidance of doubt, CGS-CIMB is not the supplier of the prizes. Any enquiry or complaint in relation to these prizes should be directed to the relevant supplier of these prizes. Any warranty claims and enquiries are to be directed to the relevant manufacturer. CGS-CIMB assumes no responsibility or liability whatsoever in relation to any of the prizes.

  • 6.9

    Notwithstanding anything contained herein, CGS-CIMB reserves the right at any time in its absolute discretion to:

    • i) amend, add to and/or delete any of these terms and conditions without prior notification (including without limitation, the eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected;
    • ii) terminate or suspend the Grand Draw and/or the Monthly Win Event for any reason and without any prior notice whatsoever; and
    • iii) vary, delay, withdraw, or cancel any prize or any of the Events without having to disclose a reason thereof and without any compensation or payment whatsoever.
  • 6.10

    The results of the Events and CGS-CIMB's decisions on all matters relating to the Events are absolute, final and binding on all participants. No correspondence, queries, appeals, objections or requests to explain such decisions, including the results of the Events or the Tickets shall be considered or responded to. In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the promotion, these terms and conditions shall prevail.

  • 6.11

    CGS-CIMB reserves the right to draw reserve-winners for the Grand Draw to replace any winner(s) that are disqualified.

  • 6.12

    The winners of the Events must claim the prizes in person in Singapore at a time and place to be informed by CGS-CIMB or in such manner as otherwise specified by CGS-CIMB. All prizes which are unclaimed 2 months after the winners of such prizes have been announced shall be forfeited. These prizes or their equivalent value shall be donated to the Community Chest or to such other approved charity. For the avoidance of doubt, any winners of the Events whose prizes have been forfeited are not entitled to any compensation whatsoever under any circumstances, including but not limited to such winner not having received any notification of their win.

  • 6.13

    These terms and conditions shall be governed by and construed in accordance with Singapore law, and the participants agree to submit to the exclusive jurisdiction of the courts of Singapore

  • 6.14

    The Events shall not be construed as an offer, recommendation or solicitation to buy or sell any Securities (as defined under CGS-CIMB’s General Terms and Conditions). All participants are advised to make their own independent evaluation and to consult professional advisers before undertaking any transaction.

  • 6.15

    Any person who is not a participant shall not have any rights under the Contracts (Rights of Third Parties) Act (Cap. 53B) to enforce or benefit from these terms and conditions.

Schedule

Account Type Product Type
  • Cash Trading Account
  • Cash Upfront Trading Account
  • Margin Trading Account
For equities trading (including short sell orders) and ETFs, for every S$5 commission payable to CGS-CIMB by the client, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the commission paid to CGS-CIMB for the purposes of this computation shall reset to S$0 on a monthly basis.
For every S$2,000 worth invested into Private Wealth product offerings, such as mutual funds, structured products, actively managed certificates in relation to discretionary portfolio management, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. Note that for the purposes of this computation, the aggregate amount invested in the said product offerings reset to S$0 at the start of every month.
CFD Trading Account
For buying/selling CFD equities, indices, and/or bonds every one 1 contract generated for transactions during the qualifying period will entitle the participant to one 1 Ticket each for the Monthly Win Event and the Grand Draw.
For CFD forex, the number of entries are determined by the number of mini lot sizes in a single trade (multiple single trades of less than 10,000 in notional trade size cannot be combined), regardless of buy or sell trade, executed by the participant. A mini lot is a currency trading lot size that is one-tenth the size of a standard lot of 100,000 in notional trade size, or 10,000 in notional trade size. For example: if a participant executed a trade of 0.1 lot he shall be entitled to 1 Ticket for both the Monthly Win Event and Grand Draw. If a participant executed a trade of 0.7 lot and he shall be entitled to 7 entries for each of the Events.
For CFD futures, for every 5 contracts executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total number of contracts executed in a given month divided by 5. The number of executed contracts from a previous month do not carry over into the following month
In relation to buying/selling FX spot metals trading, for every 5 contracts executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total number of contracts executed in a given month divided by 5. The number of executed contracts from a previous month do not carry over into the following month
Forex Trading Account (Retail and Accredited Investor)
For forex trading, the number of entries are determined by the number of mini lot sizes in a single trade (multiple single trades of less than 10,000 in notional trade size cannot be combined), regardless of buy or sell trade, executed by the participant. A mini lot is a currency trading lot size that is one-tenth the size of a standard lot of 100,000 in notional trade size, or 10,000 in notional trade size. For example: if a participant executed a trade of 0.1 lot he shall be entitled to 1 Ticket for both the Monthly Win Event and Grand Draw. If a participant executed a trade of 0.7 lot and he shall be entitled to 7 entries for each of the Events.
In relation to buying/selling FX spot metals trading, for every 10 ounces of spot gold (XAU/USD) executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total ounce in a given month divided by 10. The number of ounces from a previous month do not carry over into the following month.
Leveraged Forex Trading Account
For leveraged forex trading, the number of entries are determined by the number of mini lot sizes in a single trade (multiple single trades of less than 10,000 in notional trade size cannot be combined), regardless of buy or sell trade, executed by the participant. A mini lot is a currency trading lot size that is one-tenth the size of a standard lot of 100,000 in notional trade size, or 10,000 in notional trade size. For example: if a participant executed a trade of 0.1 lot he shall be entitled to 1 Ticket for both the Monthly Win Event and Grand Draw. If a participant executed a trade of 0.7 lot and he shall be entitled to 7 entries for each of the Events.
In relation to buying/selling FX spot metals trading, for every 10 ounces of spot gold (XAU/USD) executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total ounce in a given month divided by 10. The number of ounces from a previous month do not carry over into the following month.
For every 500 ounces of spot silver (XAG/USD) executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total ounce in a given month divided by 500. The number of ounces from a previous month do not carry over into the following month
Futures Trading Account For futures, for every 5 contracts executed, the participant shall be entitled to 1 Ticket for each of the Events. For the avoidance of doubt, the number of Tickets awarded will be based on the total number of contracts executed in a given month divided by 5. The number of executed contracts from a previous month do not carry over into the following month.
Global Investment Account
For buying/selling equities, ETFs, options, and/or bonds every 1 contract generated for such transactions during the qualifying period will entitle the participant to 1 Ticket for the Monthly Win Event and the Grand Draw except that multiple same day trades made on the same security are deemed to be amalgamated as 1 contract for Singapore, Malaysia, Hong Kong, Indonesia, Thailand and China securities
For futures, for every 5 contracts executed, the participant shall be entitled to 1 Ticket for each of the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total number of contracts executed in a given month divided by 5. The number of executed contracts from a previous month do not carry over into the following month.
For buying/selling CFD equities and indices, for every one (1) contract generated during the qualifying period, the Participant shall be entitled to one (1) Ticket for Monthly Win Event and the Grand Draw
For forex trading, the number of entries are determined by the number of mini lot sizes in a single trade (multiple single trades of less than 10,000 in notional trade size cannot be combined), regardless of buy or sell trade, executed by the participant. A mini lot is a currency trading lot size that is one-tenth the size of a standard lot of 100,000 in notional trade size, or 10,000 in notional trade size. For example: if a participant executed a trade of 0.1 lot he shall be entitled to 1 Ticket for both the Monthly Win Event and Grand Draw. If a participant executed a trade of 0.7 lot and he shall be entitled to 7 entries for each of the Events.
For every S$2,000 worth invested into Mutual Funds, the participant shall be entitled to one Ticket each for the Monthly Win Event and the Grand Draw. Note that for the purposes of this computation, the aggregate amount invested resets to S$0 at the start of every month.
In relation to buying/selling FX spot metals trading, for every 10 ounces of spot gold (XAU/USD) executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total ounce in a given month divided by 10.
For every 500 ounces of spot silver (XAG/USD) executed, the participant shall be entitled to 1 Ticket each for the Monthly Win Event and the Grand Draw. For the avoidance of doubt, the number of Tickets awarded will be based on the total ounce in a given month divided by 500. The number of ounces from a previous month do not carry over into the following month


Terms & Conditions for CGS-CIMB iTradePro Campaign (“iTradePro Campaign”)

  1. The terms of this iTradePro Campaign are supplemental to the terms of the Driven Campaign. Unless otherwise defined, terms used in this Campaign shall have the respective meanings ascribed to them in the Driven Campaign.
  2. This iTradePro Campaign commences from 1 November 2021 to 31 December 2021 (both days inclusive).
  3. Participants that trade on any of the relevant accounts under the iTradePro platform during the stated campaign period shall receive Tickets based on the number of amalgamated trades made via CGS-CIMB’s iTradePro platform, multiplied by a multiplier of 5.
  4. Please note that for the purposes of awarding the Tickets, multiple same day trades made on the same security are amalgamated and deemed to be 1 trade except in respect of US equities where no amalgamation is made.
  5. With reference to paragraphs 3 and 4 above, Tickets are awarded as illustrated below:


    Trades

    Total Amalgamated 
    Trades For That Day

    Tickets Awarded

    3 trades made on the same day in respect of the same security (excluding US equities)

    1

    1 x 5 (multiplier) = 5 Tickets

    i) 3 trades made on the same day in respect of security A (excluding US) equities; and

    ii) 3 trades made on the same day in respect of security B (excluding US equities)

    2

    2 x 5 (multiplier) = 10 Tickets



  6. Broker-assisted trades placed via CGS-CIMB’s iTradePro platform are excluded from this Campaign. I.e., the participant is required to place the relevant order directly, and not via the participant’s trading representative.
  7. The additional Tickets arising from CGS-CIMB’s iTradePro Campaign will be added on to the existing Tickets that the participant has earned under the Driven Campaign for both the Monthly Win Event and the Grand Draw.
  8. Save as added to by these supplemental terms, the provisions of the Driven Campaign shall continue in full force and effect.
  9. These supplemental terms shall be governed by and construed in accordance with Singapore law.