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1. What are the trading hours of the Hong Kong Exchange?
Trading in the Hong Kong Exchange operates from Monday to Friday (except on Saturday, Sunday and Public Holidays) during the following hours:
Trading hours for securities, stock futures and stock options markets
(Effective 5 March 2012)
|Pre-opening session||09:00 - 09:30|
|Morning session||09:30 - 12:00|
|Afternoon session||13:00 - 16:00|
Trading hours for index futures and index options markets
(Effective 5 March 2012)
|Pre-market Opening Period*||08:45 - 09:15|
|Morning Session||09:15 - 12:00|
|Pre-market Opening Period*||12:30 -13:00|
|Afternoon Session||13:00 -16:15|
*Only applies to the Hand Seng Index, Mini-Hang Seng Index and H-shares Index futures.
2. Which are the exchanges that I can trade in for the US markets?
You can trade stocks which are listed on NYSE, AMEX and NASDAQ.
3. What are the trading hours of the US markets?
The trading hours for NYSE, AMEX and NASDAQ:
From Mondays to Fridays (except US Public holidays),
Summer (2nd Sunday of March to 1st Sunday of November): HKT 9:30pm - 4:00am
Winter (1st Sunday of November to 2nd Sunday of March): HKT 10:30pm - 5:00am
4. What are the time periods during which order submission is not available on the US trading platform?
Orders submission is not available on the US trading platform during these periods:
Summer time: HKT 4:00am - 4:30am on trading days, HKT 4:00am (Sat) - 4:00am (Mon), and US public holidays.
Winter time: HKT 5:00am - 5:30am on trading days, HKT 5:00am (Sat) - 5:00am (Mon), and US public holidays.
1. What kind of orders are available?
At-auction Limit Order
An at-auction limit order is an order with a specified price. An at-auction limit order with a specified price at or more competitive than the final IEP (in case of buying, the specified price is equal to or higher than the final IEP, or in case of selling, the specified price is equal to or lower than the final IEP) may be matched at the final IEP. Any unfilled at-auction limit orders will be converted into limit orders and carried forward to the continuous trading session provided that the specified price of that at-auction limit order does not deviate 9 times or more from the nominal price.
A limit order having a price equal to the best opposite orders will match with opposite orders at the best price queue residing in the system, one by one according to time priority.
Enhanced Limit Order
An enhanced limit order will allow matching of up to 10 price queues (i.e. the best price queue and up to the 10 th queue at 9 spreads away) at a time provided that the traded price is not worse than the input price. The sell order input price cannot be made at a price of 10 spreads (or more) below the current bid price whereas the buy order input price cannot be made at a price of 10 spreads (or more) above the current ask price.
Any outstanding enhanced limit order will be treated as a limit order and put in the price queue of the input price.
2. What are the bid sizes for HK shares?
You can key in share prices for an order of up to 20 bids from the last done price. The share prices bid size are shown on the HKEx.
3. Can I place a buy order if it exceeds my trading limit?
No, the client's order will be rejected if there is insufficient trading limit.
4. Is there a maximum trading size per order trading via UTRADE Web?
Yes, the maximum trading size is 3,000 lots per order for trading HK shares and 1 million shares for trading A shares.
5. Why is my order with over 3000 lots rejected by the system?
Orders over 3000 lots are automatically rejected by HKEx. If you have to place orders larger than 3000 lots, you have to split the order into several orders under 3000 lots.
6. Can I place a short-sell through UTRADE Online Trading Platform?
No, client's account must have the valid stock holdings before they can sell. UTRADE Online Trading Platform does not allow client to short sell.
7. Can I use the proceeds of a sell order immediately to buy other shares?
Yes, once a client's sell order has been executed (fully or partially), the proceeds can be used immediately to buy shares (as long as the client's funds are sufficient).
8. Can I place an order for the next trading day when the market is closed?
Yes, order received after 4:15pm will be sent to HKEx when the market opens next trading day.
9. Can I sell odd lots of shares through UTRADE Online Trading Platform?
No, odd lots of shares cannot be sold through UTRADE Online Trading Platform. Clients should contact their Account Executive for assistance.
10. What happens if I want to amend an order that I had placed earlier through UTRADE Online Trading Platform?
When the amendment of the order is lower the number of shares, clients will not lose the position in the queue. If the order is larger the number of shares, clients will lose the position in the queue and need to requeue again.
11. Can I withdraw or amend my Internet orders via my Account Executive?
Yes, provided that they have not been executed.
12. What happens to my orders that are not done by the end of the trading day?
Clients' orders will automatically lapse when they are not executed by the end of the trading day. These will have an 'expired' status. Clients will need to re-enter the order if they want to place it for the next trading day.
13. How do I place orders for US stocks via UTRADE Web?
You can click “US – US Market” at the top left corner of the trading platform and place orders in the US markets. For details, please refer to “User Guide: US Trading – UTRADE Web”.
14. What is the board lot size for US stocks?
There is no board lot size for US Stocks. Investor can trade a minimum of 1 share per order.
15. Can I buy and sell the same US stocks on the same trading day?
Once your buy order has been executed, you can place a sell order at any time.
16. Is margin trading available on UTRADE Web?
Yes. Margin trading is available on UTRADE Web. However, only HK marginable stocks can be used to finance the purchasing of US stocks. US stocks are not marginable at the moment.
17. Can I short-sell US stocks?
Short-selling of US stocks is not allowed via UTRADE Web.
18. Does UTRADE Web US stock trading support Pre-Market and the After Hours Market?
No, it does not support Pre-Market and After Hours Market.
19. How can I contact you during trading hours of the US markets?
You can reach us at (852) 2826 4888 from 9am to 1am on that day from Mondays to Fridays.
1. What are the trading charges charged by UOB Kay Hian (Hong Kong)?
Charges for securities listed on the Hong Kong Exchange:
On gross consideration rounding to the nearest $1.00
On gross consideration (wef 1 Nov 14 settlement date)
On gross consideration
There is a (CCASS) clearing fee of 0.003% on gross consideration, subject to value of all proceeds (Minimum HK$3.00; Maximum HK$100.00) which will be levied on both brokerage rates and clearing fees. Please contact us for details on commission rate.
1. Which kinds of market data quotes are available?
For market data quotes, there are Real Time Snapshot and Real Time Streaming are available. The stock prices are the most up to date and direct from the Hong Kong Stock Exchange.
Real Time Snapshot:
Market data included market depth, broker queues and related stocks. From 1 February 2012, clients of UTRADE online trading accounts enjoy 500 real time quotes for free.
The snapshots are only valid for maximum 2 months. Unused snapshots cannot be carried forward. For new clients, the 500 real time snapshots entitled are valid from the account opening day to the last day of the following month. For example, the account opening date is 15 February 2012, the expiry date of the snapshots offering will be 31 March 2012.
Real Time Streaming:
Market data is displayed dynamically and this feature allows clients to receive continuous updates on the 'Streaming-enabled' pages. Clients do not need to click on the 'Refresh' button for updated prices.
2. How do I apply for "Real Time Streaming Quotes"?
Clients can download the"Application for Price Quote Service" form or contact Client Services Hotline at (852) 2136 1818 to have the application forms sent to you. The fee for the Real Time Streaming Quotes is HKD $338.00 monthly.
3. Is there a waiver for Real Time Streaming Quotes fee?
Yes, online commission equal or more than HKD 2680 (commission paid for trading Hong Kong stocks between 26th of the month preceding the previous month and 25th of the previous month), it will be redeemed on the first working day of the current month.
4. How do I apply for US stocks real time streaming quotes?
Clients can download the"Application for Price Quote Service" form or contact client services hotline at (852) 2136 1818 to have the application forms sent to you. The fee for the US stcosk real time streaming quotes is HKD $188.00 monthly.
- +852 2136 1818
- Night Futures/
US Trading 24-hour Service Hotline:
- +852 2826 4888
- Email :
- Operating hours:
- 9:00am-6:00pm Mon-Fri,closed on
- Sat,Sun,and HK Public Holidays