UTRADE CFD Edge QUICK START GUIDE. UTRADE CFD Edge QUICK START GUIDE. [Type text]

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1 UTRADE CFD Edge QUICK START GUIDE [Type text]

2 Contents UTRADE CFD Edge QUICK START GUIDE Logging In... 3 Changing Your UTRADE CFD Password... 4 Exiting and Using UTRADE CFD Edge... 5 Market Activity Creating Watchlist Viewing of Watchlist...12 Updating/Adding new securities to Watchlist Placing Orders Order Pad Amending/Deleting of Orders Filtering of Orders...24 CFD Table Margin...25 Portfolio...26 Creating Contingent Orders (Stop Loss Limit and Take Profit Limit) Glossary...35

3 Getting Started You will receive your UTRADE CFD account ID and password within 3-5 business days upon approval of your account opening documents. Logging In Upon receiving your account credentials: 1. Log in at 2. Key in your user ID in the following format: 3. Key in your interim password. 4. Click on GO. Note: If you have not received your User ID and password, contact your TR. Your User ID and password are case-sensitive. 1 3

4 Changing Your UTRADE CFD Password Once you have launched UTRADE CFD and logged into the system, you will be prompted to change your password. Remember that passwords are case-sensitive. If you wish to change your password again in future, follow the steps below: 1. Log in to UTRADE CFD. 2. At the top left of the page, click on User > Options. 3. Key in your old password, new password and confirm your new password. 4. Click on Change Password. 2 4

5 Exiting UTRADE CFD To exit UTRADE CFD: 1. On the top left of the trading page, click on User > Log Off. 2. You will then be directed to the main UTRADE webpage. Using UTRADE CFD Upon successful log in to UTRADE CFD, you will see the trading interface below: This is the page where you will obtain all information on the various stocks prices, chart, and your current portfolio and orders/positions. To change the type of information displayed, click on Market/Trading/User on the top left hand of the page to view selections. Alternatively, click on the encircled areas in red to customise the fields shown. 5 3

6 Market Activity To view the Top Volume, Top Value or Top Gainer/Loser by Percentage or Points of the particular market: Step 1: Click on the Widget drop down arrow Step 2: Go to Activity in the drop down box Step 1 Step 2 6

7 Step 3 Step 1 Step 2 Step 1: Click on the Mode drop down and select (by Volume, Value, Up by points or Etc) Step 2: Click on the Exchange drop down and select the market (by SGX, NYS, NAS and HKE) Step 3: Click on the request button ( ) 7

8 Creating Watchlist To create Watchlist Select Quote : Step 1: Click on the Widget drop down arrow Step 2: Click Quote Step 1 Step 2 8

9 Adding of Securities to Watchlist Step 1: Click on the button Step 2: Input the name of the security Step 3: Click on Type Group and select/tick Equities Step 4: Click on Exchange and select/tick on the Exchange (SGX, NAS, NYS, HKE) Step 5: Click on the button Step 6: Click on the correct security from the result of the search *Alternatively: If you happen to know the stock code of the security, you can just enter the stock code inside the box Enter code and click on the button to add the security Step 1 Step 2 Step 6 *Alternative Step 3 Step 4 Step 5 9

10 Saving of Watchlist Please ensure that you save the watchlist each time you make an amendment in it. Step 1: Click on the button Step 2: Click on Save Watchlist Step 1 Step 2 10

11 Step 3: For creating/saving of new Watchlist, Click on New watchlist. Step 4: Input a name for your new Watchlist and follow by OK to confirm. *The maximum number of Watchlist you can create is 5 and each Watchlist allows you to add up to a maximum of 50 securities Step 4 Step 3 11

12 Viewing of Watchlist Step 1: Click on the button Step 2: Click on the Watchlist that you would like to see (for example: My Watchlist) Step 1 Step 2 12

13 Updating/adding of new security to Watchlist After adding/deleting of securities to/from the watchlist, remember to save before existing Step 1: Click on the button Step 2: Click on Save Watchlist Step 1 Step 2 13

14 Step 3: Click on Select Watchlist, there will be a drop down. Please select the Watchlist you wish to save to (for example: Blue Chip ) and follow by OK to confirm. Select Watchlist Step 1 Blue Chip 14

15 Placing Orders Information on the Buy/Sell ticket box Lot size: Minimum number of shares per lot size Initial Margin: Initial Margin is the margin (collateral) that you must furnish in order to transact in a CFD position and is calculated as a percentage of the full contract value. Short Sell (Y/N): Y means that you could short sell the security. N means that you will not be able to short sell the security. Please contact your Trading Representative to enquire on availability. Order Summary: Initial Margin est. is the estimate of margin (collateral) that will be earmarked. Trade value is the total value of the trade. 15

16 For Long Position To Place Trades: 1. Click on the Buy button on the Activity Screen (Buy/Sell buttons can also be found in Quote/Watchlist, Order Pad and Portfolio screen). An order ticket will appear as shown below. 2. Assume we are buying 10,000 shares of Singtel at $3.50. Key in the security code of the security and click (alternatively you could also click on the and search for the security). Enter the number of shares that you would like to buy, followed by the Order Price. 16 4

17 3. Click on the green Buy button, and Confirm to submit the order. A confirmation will appear. 17

18 For Short Position To Place Trades: 1. Click on the Sell button on the Activity Screen (Buy/Sell buttons can also be found in Quote/Watchlist, Order Pad and Portfolio screen). An order ticket will appear as shown below. 18

19 2. Assume we are Short Selling 10,000 shares of OCBC at $9.46. Key in the security code of the security and click (alternatively you could also click on the and search for the security). Enter the number of shares that you would like to buy, followed by the Order Price. Note: Short Sell (Y/N) has to be Y before you could open the short position Short Sell has to be Y 19

20 Order Pad You can check on the status of your order whether it is being filled/done, partial filled/done, not filled/done or cancelled. You can also cancel or amend your order at the Order Pad. Where to find the Order Pad Step 1: Click on the Widget drop down arrow Step 2: Go to Order Pad in the drop down box Step 1 Step 2 20

21 Information on the Order Pad LastAct: When an Order is being placed, the Last Action column will show CREATE. When an order is being amended or cancelled, the column will change to AMEND or CANCEL whichever is the last action of the user. PURGE means that orders that are not filled will be purge at the end of the day. OrdState: ACTIVE means that the order is in the market. INACTIVE means the order is not in the market (it could mean that the order is fully filled and becomes inactive or the order had failed and had not reach the market.) RemVol: Remaining number of shares that is not done. DoneVolTot: Number of shares being done/traded. AvgPrc: Average Price of the trade being done. Actstat: If the action status of your order is OK, it means the order is successfully placed in the market. If it is Failed, the order has failed to reach the market. 1. orders created successfully: LastAct: CREATE, OrdStat: ACTIVE, ActStat: OK 2. For orders that failed to create: LastAct: CREATE, OrdStat: INACTIVE, ActStat: FAILED 3. For orders amended successfully: LastAct: AMEND, OrdStat: ACTIVE, ActStat: OK 4. For orders cancelled successfully and removed from queue: LastAct: CANCEL, OrdStat: INACTIVE, ActStat: OK LastAct OrdState RemVol AvgPrc Actstat DoneVolTot 21

22 Amending/Deleting of order Amending of Order: Step 1: Go to Order Pad. Click on the Amend button Step 2: Amend the Order Volume and Click OK. (Note: Amendment can only be use to reduce the order volume. Amending of Order Price cannot be done here). Step 1 Step 2 22

23 Deleting of Order: Step 1: Click on the Cancel button Step 2: A pop out will appear. Click on OK to confirm the cancellation of order (Note: Once the order is cancelled: LastAct: CANCEL, OrdStat: INACTIVE, ActStat: OK ) Step 1 Step 2 23

24 Filtering of Orders User can filter their orders by Today, Active, Last Two Days or Last Three Days User can also filter by All Orders, Filled, Pending/Open or Unfilled/Inactive Today Active Last Two Days Last Three Days Filled Pending/Open Unfilled/Inactive 24

25 CFD Margins Table This shows you the list of counters available on UTRADE CFD, the initial margin % of each counter, and whether they are can be short. This list is updated live daily Alternative, you could visit our UTRADE Website and go to Help (UTRADE CFD) Question 14. The lists of tradable CFD counters for different exchanges are available there. Step 1: Click on the Widget drop down arrow Step 2: Go to CFD Margins in the drop down box Step 1 Step 2 25

26 Portfolio You may view outstanding position under the Portfolio Tab. A positive value under the Avail Vol Tab represents a long position taken, while a negative value represents a short position. 26

27 Creating Contingent Orders (Stop Loss Limit and Take Profit Limit) To Place a Stop Loss for Buy Trades (Long Position) Assuming we bought 10 lots of Singtel at $3.50 earlier and we would like to set a Contingent Order as a Stop Loss Limit at $3.30 to close out my position if price goes against us. 1. Left Click on the Activity Tab 27

28 2. A dropdown box will then appear, select the option Contingent Order Pad 3. The Contingent Order Pad Widget will replace the earlier Widget (Activity). The Contingent Order Pad is where you can create Contingent Orders as Stop Loss Limit. Left Click on the Sell Button and a Contingent Sell Order Ticket will appear 28

29 4. Setting your Contingent Order Conditions on the Contingent Order Ticket; Input the Counter Code (you may click on the magnifying glass to search for the Counter Code by its name) A Security Navigator will pop up. Input the Security Name and click on the play button. Ensure that you select Equities for Type Group. 29

30 Contingent Security will display the Counter Code Contingent Price Base is the option for you to select your Tigger condition Last Your Stop Loss Limit Order will trigger based on the (Last Traded Price) Bid Your Stop Loss Limit Order will trigger based on the (Latest Bid Price) Ask Your Stop Loss Limit Order will trigger based on the (Latest Ask Price) 30

31 Your trigger criteria can be set under Contingent Condition Assuming you selected Contingency Price Base as Last Greater Your Contingent Order will trigger when the Last Done Price is Greater than the Contingent Trigger Price you input Greater or Equal Your Contingent Order will trigger when the Last Done Price is Greater or Equal than the Contingent Trigger Price you input Less Your Contingent Order will trigger when the Last Done Price is Less than the Contingent Trigger Price you input Less or Equal Your Contingent Order will trigger when the Last Done Price is Less or Equal than the Contingent Trigger Price you input (You may like to select this for creating Stop Loss Limits when your Primary position is a Buy Order) 31

32 Contingency Trigger Price, you can input the Trigger Price Assuming you select Contingency Price Base as Last,Contingency Condition set as Less or Equal and you input $3.30 (which is lower than your Buy Price) as the Contingency Trigger Price Your Contingent Sell Order for Singtel will trigger once the Last Done Price is Less than or Equals to $

33 Next you need to input your Order Volume and Price to execute your Limit Sell orders once the Conditions are triggered Note this to determine the volume and the price you wish to execute for your Limit Sell to close off your Primary position (initial Buy Trade of 10,000 $3.50) 33

34 Once the Contingent Sell order is created, a confirmation summary will appear. Based on the below display, it means your Contingent Sell Order for Singtel (Z74) will be triggered once the Last traded price is Less than or Equals to $3.30 Once trigger, there will be a Limit Sell order which will be place on queue to sell 10,000 shares of Singtel (Z74) at $3.30 Note: The Contingent Sell Order will be Good Till Cancel provided the Contingent Condition is not Triggered. Once the Contingent Sell Order is triggered, the Limit Sell order will be executed, if the limit order is not filled by end of the day, it will be purged. 34

35 Glossary: GLV (Gross Liquidation Value) The total value of CFDs if you close out all positions at the current market price, less any transaction charges or adjustments. GLV = Free Equity + Initial Margin 5 Initial Margin (IM) This is the margin that you must provide in order to initiate a CFD position and is calculated as a percentage of the full contract value. **Initial Margin Used % This indicates the amount of Initial Margin (IM) used, expressed against Gross Liquidation Value (GLV). (IM/GLV)*100% You are advised to monitor this field to ensure you have sufficient margin. Free Equity (FE) Free Equity is the funds available in the CFD account for you to initiate new buy and sell positions. You will not be able to initiate new positions if your Free Equity is Zero or Negative. FE = [GLV - Initial Margin] Profit/Loss Total profit or loss in base currency Disclaimer: The information herein does not constitute an offer, solicitation or invitation to make an offer to buy or sell any securities or options, futures or other derivatives products or any financial instrument. The information is meant for general consumption and does not take into account the specific investment objectives, financial situation or particular needs of any person. UOB Kay Hian Pte Ltd accepts no liability whatsoever with respect to use of this information. 6 35