Take charge of your investments with our Securities Trading Preset Order Service
Seize more opportunities with our Securities Trading Preset Order Service. These handy services include Preset Buy/Sell Orders, Stop Loss Sell Orders and Bi-directional Stop Gain/Loss Order—empowering you to trade smarter with greater ease.
Preset Buy/Sell Order lets you place an order that is valid for up to 7 calendar days.
How it works: With a Preset Buy/Sell Order, you specify a Preset Buy/Sell Price and a Valid Period. Your order will automatically be executed if your Buy/Sell Price is met during the Valid Period. If the order is not executed, it will be carried forward to the next trading day until the end of the Valid Period. Once the order is executed, it will not be carried forward to the next trading day; and an order is regarded as “executed” even though it is only partially executed.
Note: The Preset Buy Price should be set at or below the nominal price, but must not exceed 150 spreads, whereas the Preset Sell Price should be set at or above the nominal price, but must not exceed 150 spreads.
A Stop Loss Sell Order helps you automatically sell a stock when its price drops to an unfavourable level1.
How it works: When placing a Stop Loss Sell Order, simply specify a Stop Loss Price, a Lowest Selling Price, and a Valid Period. When the stock price drops to the Stop Loss Price, the order will be triggered and delivered to the market, pending execution at a price which may be at or below the Stop Loss Price but will not be lower than the Lowest Selling Price. Once triggered, the Stop Loss Sell Order will not be carried forward to the next trading day. On the other hand, if the stock price never drops to the Stop Loss Price, the order will be carried forward until the end of the Valid Period.
Note: The Stop Loss Price must be set below the nominal price and not exceed 150 spreads. The Lowest Selling Price should be set at or below the Stop Loss Price, but must not be less than 0.01 in the trading currency of the securities.
Bi-directional Stop Gain/Loss Order helps you realize gains if your stock price rises, or cut loss if the stock price drops.
How it works: When placing a Bi-directional Stop Gain/Loss Order, simply specify a Stop Loss Price, a Lowest Selling Price, a Limit Selling Price, and a Valid Period. The order will be triggered either when the stock price drops to the Stop Loss Price or rises to the Limit Selling Price. When the stock price drops to the Stop Loss Price, the order will be triggered and delivered to the market, pending execution at a price which may be at or below the Stop Loss Price but will not be lower than the Lowest Selling Price. When the stock price rises to the Limit Selling Price, the order will be triggered and placed to the market, pending execution at a price which may be at or above the Limit Selling Price. Once triggered, the Bi-directional Stop Gain/Loss Order will not be carried forward to the next trading day. If the order is not triggered, it will be carried forward to the next trading day. If the order has never been triggered, it will be carried forward until the end of the Valid Period.
Note: The Stop Loss Price must be set below the nominal price and not exceed 150 spreads. The Lowest Selling Price should be set at or below the Stop Loss Price, but must not be less than 0.01 in the trading currency of the securities to which the order relates. The Limit Selling Price should be set at or above the nominal price, but must not exceed 150 spreads. The difference between the Limit Selling Price and Stop Loss Price must be at least 30 spreads.
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Remarks
Important Notice and Risk DisclosurePlease note that investment involves risks, including the substantial loss of the principal amount invested. The prices of securities may move up or down, sometimes dramatically, and may even become valueless. Past performance is not indicative to future performance. It is as likely that losses will be incurred rather than profits made as a result of trading in securities. Renminbi-denominated securities have different features and varying degrees of risks.
Customers should not make any investment decision solely based on the information provided in this promotional material. Before making any investment decision, customers should read and consider all the relevant investment product's offering documents and information (including but not limited to the risk factors set out therein) and the OCBC Bank (Hong Kong) Limited (the "Bank") Risk Disclosure Statements to understand the product's features and associated risks. Investment decision is made by customers. Customers should also seriously consider if the relevant investment product is suitable for them by reference to their own financial resources and position, investment objectives, investment experience, expected investment horizon, risk profile, asset concentration and other relevant circumstances before making any investment decision. If necessary, customers should obtain independent professional advice before making any investment decision.
Nothing in this promotional material constitutes an investment advice or offer or an inducement to any person to acquire, trade or subscribe for any investments services or products referred to herein.
All investment products will be subject to the terms and conditions of the relevant account opening documentation, offering documentation and investment product documentation.
This promotional material is provided by the Bank and has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.