HSBC Bank (Singapore) Limited HSBC Trading Services Important Risk Warning: investments are not bank deposits and are subject to investment risks, including the possible loss of the principal amount invested. The price and value of any investment in securities and the income, if any, from them, can fluctuate and may fall against your interest. An individual security may experience downward price movements and may under some circumstances even become valueless. An inherent risk of trading securities is that losses may be incurred, rather than profits made, as a result of buying and selling securities. This is the risk that investors should be prepared to accept. Investors investing in securities denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. HSBC does not give any advice in relation to these securities and investors will take complete responsibility for any losses resulting from their trading strategy. Please note that the offering of these securities is subject to country-specific restrictions and may not be available to you. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment or securities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The information contained in this document is intended for Singapore residents only and should not be construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America and Canada. The specific investment objectives, personal situation and particular needs of any person have not been taken into consideration. You should therefore not rely on it as investment advice. Before you make any investment decisions, you may wish to consult a financial adviser. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether this investment is suitable for you. We focus on the most important economy in the world. Yours. We understand that your personal economy represents the things you value most your family, your home, your passions, your work, and your legacy. It is unique to you and constantly changing. Through HSBC s Trading Services, our focus is on providing personal support for your personal economy. Grow your wealth by taking advantage of buying and selling securities in three markets - Singapore, Hong Kong, and United States. Why choose HSBC s Trading Services? This one-stop solution comes complete with a myriad of benefits designed to help you trade with greater convenience: Direct access to three markets Take advantage of trading opportunities in Singapore, Hong Kong and US markets with a single trading account. Convenience of trading at your fingertips Enjoy the convenience of trading stocks on the Hong Kong, Singapore and US exchanges online through Personal Internet Banking. How do I get started? Single view of your wealth portfolio With HSBC s newly enhanced wealth dashboard, you can manage and monitor your wealth portfolio online. Hassle-free account set up With all your assets placed through our nominee service, there is no need to maintain multiple securities accounts for each market before you can start to trade. Contact your Relationship Manager or visit the branch to open an Equity Investment Account. Call 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas Click www.hsbc.com.sg Visit any HSBC branch 1
Personal Internet Banking - HSBC Advance Clearing ^ SGX Access ^ SGD securities 0.25% of plus prevailing GST, min. SGD 25 (SGD 26.75 USD securities 0.25% of plus prevailing GST, min. USD 20 (USD 21.40 AUD securities 0.25% of plus prevailing GST, min. AUD 20 (AUD 21.40 EUR securities 0.25% of plus prevailing GST, min. EUR 15 (EUR 16.05 GBP securities 0.25% of plus prevailing GST, min. GBP 13 (GBP 13.91 HKD securities 0.25% of plus prevailing GST, min. HKD 100 (HKD 107 JPY securities 0.25% of plus prevailing GST, min. JPY 1,400 (JPY 1,498 0.0075% of, prevailing GST USD securities 0.25% of plus prevailing GST, min. USD 20 (USD 21.40 HKD securities 0.25% of plus prevailing GST, min. HKD 100 (HKD 107 USD securities 0.25% of plus prevailing GST, min. USD 20 (USD 21.40 0.0013% of Personal Internet Banking - HSBC Premier Clearing ^ SGX Access ^ SGD securities 0.18% of plus prevailing GST, min. SGD 25 (SGD 26.75 USD securities 0.18% of plus prevailing GST, min. USD 20 (USD 21.40 AUD securities 0.18% of plus prevailing GST, min. AUD 20 (AUD 21.40 EUR securities 0.18% of plus prevailing GST, min. EUR 15 (EUR 16.05 GBP securities 0.18% of plus prevailing GST, min. GBP 13 (GBP 13.91 HKD securities 0.18% of plus prevailing GST, min. HKD 100 (HKD 107 JPY securities 0.18% of plus prevailing GST, min. JPY 1,400 (JPY 1,498 0.0075% of contract USD securities 0.18% of plus prevailing GST, min. USD 20 (USD 21.40 HKD securities 0.18% of plus prevailing GST, min. HKD 100 (HKD 107 USD securities 0.18% of plus prevailing GST, min. USD 20 (USD 21.40 0.0013% of 2
Personal Internet Banking - HSBC Jade Clearing ^ SGX Access ^ SGD securities 0.15% of plus prevailing GST, min. SGD 25 (SGD 26.75 USD securities 0.15% of plus prevailing GST, min. USD 20 (USD 21.40 AUD securities 0.15% of plus prevailing GST, min. AUD 20 (AUD 21.40 EUR securities 0.15% of plus prevailing GST, min. EUR 15 (EUR 16.05 GBP securities 0.15% of plus prevailing GST, min. GBP 13 (GBP 13.91 HKD securities 0.15% of plus prevailing GST, min. HKD 100 (HKD 107 JPY securities 0.15% of plus prevailing GST, min. JPY 1,400 (JPY 1,498 0.0075% of, prevailing GST USD securities 0.15% of plus prevailing GST, min. USD 20 (USD 21.40 HKD securities 0.15% of plus prevailing GST, min. HKD 100 (HKD 107 USD securities 0.15% of plus prevailing GST, min. USD 20 (USD 21.40 0.0013% of Account maintenance^ Safe Custody Fee (charged monthly) 0.02%p.a. of Assets Under Management plus prevailing GST, min. SGD 2 (SGD 2.14 per month Transfer Inward Transfer of Outward Transfer of Free of Charge 0.5% of securities value based on previous business day s closing price, plus prevailing GST. In addition, for Hong Kong securities, stamp duty* as applicable, plus prevailing GST Other Fees and Charges Depository Service Fee^ (applicable to ADRs) Fee amount and frequency of charge differs for each ADR. Please refer to the relevant prospectus and deposit agreement of the ADR. *Please note that fees and charges collected on behalf of non-bank entities may be subject to revisions from time to time at the discretion of the relevant non-bank entity. ^GST will be applicable for Singapore residents. Clearing Fee - CDP, SGX Access Fee - SGX, Stamp duty - HK SAR government, Transaction levy - SFC of HK, HKEx Trading Fee - HKEx US SEC fees for sell trades Depository Service Fee Imposed by American Depository Receipt (ADR) agents The above fees and charges listed are not exhaustive and any fees and charges resulting from corporate actions or nominee services or securities transfers will have to be borne by you. 3
Frequently Asked Questions How do I place an order? Orders can be placed via Personal Internet Banking (all markets and applicable for HSBC Premier and Advance customers) Do I need to fund my account before I can trade? Yes. Please fund your HSBC Singapore deposit account before placing any orders. Please also take note that insufficient funds will result in unsuccessful order placements for purchase of securities. What are the trading hours and settlement timelines? Markets Trading Hours (in Singapore Time) Settlement Timeline Singapore 9.00am 12.00pm 1.00pm 5.00pm Pre Opening : 8.30am 9.00am Mid-Day Break : 12.00pm 1.00pm Hong Kong 9.30am 12.00pm 1.30pm 4.00pm Pre Opening : 9.00am 9.30pm Market Break : 12.00pm 1.00pm United States (NYSE, Nasdaq, AMEX) 9.30pm - 4.00am (Daylight Savings) 10.30pm - 5:00am (Non-Daylight Savings) What are the securities that I can trade? available for trading may include: Listed stocks Exchange Traded Funds (ETFs) Real Estate Investment Trusts (REITs) Global Depositary Receipts (GDRs) Global/American Depositary Receipts (GDRs/ADRs) * * excluding French and Italian ADRs What are the types of orders that I can place? We accept market orders (for Hong Kong and United States market only) and limit price orders. Orders placed will be valid for the same day until the respective market closes. Limit Order : An instruction that allows you to specify your highest acceptable purchase price or lowest acceptable selling price. Market Order : An instruction that allows you to buy/sell securities at the prevailing bid/ask price of the security. Market orders can be placed during trading hours only. What information do I need to provide to place an order? The basic information required is the security name, market, order quantity, limit price (for limit orders) and settlement account. Please provide the above information with care. Providing the full security name or the market trading code will ensure there are no misunderstandings regarding the securities to be traded since some securities have similar names. How do I check the execution status of my order? To enquire on the execution status of your order, you can check via Personal Internet Banking. If you maintain a valid Singapore mobile phone number in our records, you will also be notified of execution results via SMS by the end of the day. 4
When will my account be debited for securities purchases, and when will I receive the money from selling securities? For securities purchase, a hold will be placed on your settlement account for the purchase amount upon order placement (trade date) and the funds will be debited on the settlement date. Your funds will continue to earn interest in your settlement account between trade date and settlement date. In the event that the settlement date falls on a Singapore public holiday, your funds will be debited on the last working day before settlement date. For securities sale, you may place an order to sell your securities only if the securities are credited to your securities account. Similarly, a hold will be placed on the securities on trade date until settlement date, when the sales proceeds will be credited to your settlement account. Can I contra my position? No. Currently the Bank does not support contra trading. Can I trade overseas securities during Singapore Public Holidays? Yes. Trading will be available during Singapore Public Holidays as long as the overseas securities market is open. Can I trade odd lots? Odd lots purchase orders will not be accepted. However, odd lots can be sold by the same trading procedure. Odd lot sell orders placed as one order together with the board lot will be filled at market price (regardless of order type selected). If you do not wish for this, please place a separate order for the odd lot shares. Separate fees and charges will apply for the separate order. Can I short-sell? No, short-sell is not allowed. Sell orders are accepted only if you hold the securities in your HSBC Trading account. What happens if my trade was executed at multiple prices? In the event of an order being filled by multiple price executions, the Bank will follow market practice in calculating the gross consideration as well as cash debit for buy orders and sales proceeds with average price. Please refer to below examples: Example: 100 shares of ABC at $22.30 40 shares of ABC at $22.41 Average price (for buy / sell orders with multiple price execution) Rounding method: simple rounding at 4 decimal points ($22.30 x 100 shares + $22.41 x 40 shares) / 140 shares i.e. Total 140 shares at average $22.331428 After rounding, the average price is $22.3314 Gross Consideration (for both buy and sell order) Calculation logic: Average price (after rounding) x quantity Simple rounding at 2 decimal points Using the above example: $22.3314 x 140 shares = $3,126.396 After rounding, the consideration is $3,126.40 ] Important notes The securities available for trading may include listed stocks, Exchange Traded Funds, Real Estate Investment Trusts, Global Depositary Receipts, and American Depository Receipts (excluding French and Italian ADRs) listed on the Singapore, Hong Kong and United States exchanges. Service is only available to HSBC Premier customers aged 21 years and above. HSBC Trading Services are governed by Terms and Conditions, including without limitation to all the terms and conditions contained in the Investment Account Opening Booklet (as the same is amended, supplemented or replaced from time to time), copies of which are available at any HSBC branch. You will have to undergo a Customer Account Review (CAR) in order to trade securities defined as listed Specified Investment Products (SIPs), and acknowledge the Risk Warning Statement (RWS) to trade in overseas listed securities. You will need to fill up the W-8BEN form to trade in US market. You can refer to the PIB inbox for details of your executed orders, and you will receive contract notes on the next Singapore business day. Issued by HSBC Bank (Singapore) Limited (Company Registration No. 201420624K). 5