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Service

Service Fees & Charges

Futures and Options Charges (Each Contract)

Product
Commission (Phone in) (US$)
Day trade
Overnight
Commission (Internet) (US$)
Day trade
Overnight
Global Futures
Day trade / Overnight:
US$12.5
Day trade / Overnight:
US$12.5
(Except of Products Trading in LME)
Global Options
Day trade / Overnight:
US$12.5
Day trade / Overnight:
US$12.5
-
Products trading in LME
Day trade / Overnight:
US$30*
Day trade / Overnight:
US$30*
-
SGX FTSE China A50 Index Futures
Day trade / Overnight:
US$12.5
Day trade / Overnight:
US$6
-

*   Carry trade commission: No charges involved if carry trade is made on the same day when client close position. There will be no charges involved if the prompt day of a carry trade is less than or equals to 14 days. Otherwise, handling fee (US$30) will be charged.

All information is subject to change without prior notice.

Online Trading System

Online Trading System* User Type Monthly Fee (US$)** Conditions to Waive***
SPEED (Global Futures) Non Professional User (Top of Book)# 3 Client’s monthly internet transaction for global futures exceeds or reaches 10 lots
SPEED (Global Futures) Professional User 340 N/A
Intercontinental Exchange (ICE) real- time quotes ^ ICE
ICE NYBOT
ICE UK
110
110
110
N/A
N/A
N/A

*    Request for termination of Online Real-time Price Quote Service should be made on or before 25th of each month.

**  Full month rate will be charged regardless of commencement date of service and will be debited from client's account at the beginning of each month.

*** If client fulfills the waiver terms and the monthly fee charged will be credited to client's account at the beginning of next month (refund maximum is US$3).

#   Clients need to sign Non-professional self-certification form for non-professional users.

^   ICE real- time quotes subscriber, please kindly sign the “ICE Subscriber Agreement”.


Global Futures Real-time Price Quote deposit arrangement:

Clients who apply for real-time quote will pay US$10 (Non Professional User) / US$680 (Professional User) ) / US$110 (Each ICE subscriber per sub exchange) as deposit. It will be refunded to your account when you cancel your subscription. Please be aware that your account should have adequate deposit for your subscription on 25th of each month. In order to prevent disruption in your subscription, our colleagues will contact you to remind your payment. The Company has the right to cancel your subscription if there is no sufficient fund on that day. The discrepancy will be deducted from your deposit. The amount remained will be deposited to your trading account.

For any enquiries, please contact our Customer Service Department at (852) 2500 9199.

All information is subject to change without prior notice.

Memorandum of Order Placing

  • All order instructions must be placed by the Client either in person or by phone, to our licensed representative.
  • To avoid unnecessary arguments, all the phone conversations are recorded in our system.
  • Clients should provide the following information when placing the order by phone:
    • Account Number & Name
    • Buy or Sell
    • Contract Name
    • Price
    • Quantity
  • Clients should pay attention to the order price. Order price can be market order or limit order. Market order will follow the stock price to volatile.
  • Unless the order(s) has been canceled, otherwise the order(s) will be valid until the market closed.
  • After completion of an order, we will confirm with the clients ASAP. In case, there is no confirmation after market closed, clients are responsible to call back and check their order status.
  • If the clients placed the order or complete the transaction by phone, the order may not be showed on the Internet trading platform immediately. Clients are responsible to call our Trader to check their order status.

All information is subject to change without prior notice.

Margin Call

  • Agreement between the client and Chief covers two types of margins, the initial and maintenance. Amount of margin demanded by the Exchange changed from time to time.
  • Initial margin must be fulfilled before you begin to trade.
  • Initial margin must be cash settled.
  • Margin call would be made by our company whenever the amount value of open position falls below the maintenance margin. Client has to deposit additional funds to restore the account to the initial margin level.
  • Opening new position or money withdrawal is prohibited when margin calls occur.
  • If client is failed to meet the margin call, our company reserves the right to liquidate the client’s open positions without any further notice.

All information is subject to change without prior notice.


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