How many channels can I place order to trade US securities with SWHY?

You can place your order by contacting your account executive/ dealing room and online trading. Please contact customer hotline for detail.

Which stock exchange market I can trade in SWHY?

You can trade all securities and warrants within NYSE, NASDAQ, AMEX, ARCA and OTC markets.

Can I place my order before US market open?

Yes, you can place your order at an hour before market opens. We will place your order after market opens. Also you can place your US securities order via our 24 hours dealing hotline (852) 2841 6388.

Can I trade US securities on Hong Kong public holiday?

You can still trade US securities if it is not a US public holiday.

Does SWHY provide the US securities quotation service?

We provide the online delayed quotation or contact our dealing hotline (852) 2841 6388 for real time quotation.

How many types of order can I choose on the online service?

Our online service provides the limit order.

Is there any time restrictions for the order?

All the orders will be held on the system within the trading day only.

When is the settlement date?

The settlement date is T+3.
Effective from September 5, 2017, the settlement date will be changed to T+2.

How many shares are there for one lot?

US securities trading is not limited by the multiple of lot, you can place an order for at least one share.

Can I short sell the stock?

We do not provide short sale service.

Can I buy and sell the same stock within a business day?

Yes, US market accepts day trade.

If I do not have sufficient USD within the account, but I have other currencies, can I place my buying order on US securities?

Yes, our online system buying power includes your cash in other currencies and margin facility from your Hong Kong market holdings.

When will SWHY debit the USD from my account for the buying transaction?

We will debit the fund from the account on the settlement date. If the settlement date is Hong Kong public holiday, then we will debit the fund on the last business day before settlement date. Therefore, client must deposit sufficient fund before settlement date.

When can I sell the shares which I bought within the trading date? And when can I receive the fund for that transaction after my selling order complete?

You can sell the stocks any time after the "buy-in" order has been executed. Please check the transaction status via dealing hotline or online trading system. The captioned fund will be deposited to your account on the settlement date.

Can I request to withdraw or deposit physical scrip?

No, we do not provide the physical scrip withdrawal and deposit service.

How are the commission and fees being calculated if I trade the same stock for several times on the same day?

The commission and fees would be calculated on the basis of the number of executed orders.