Item | Description of fees |
Stock Option |
Brokerage |
|
|
Zero commission |
Covered Call Open1 |
Waive4 (Should have corresponding stock in the Stock Option Account for covered call) |
Covered Put Open2 |
Waive4 (Should deposit 100% proceed for stock assignment in Stock Option Account for covered put) |
HKD 8 per lot (Long Open contracts 10 lots or below) |
Long Call/Put Open or Short Call/Put Close1 |
HKD 8 per lot (For each trade less than 10 lots) |
Option's Asset Under Management (AUM) 3,6,7,8 |
Below 1 Million HKD |
Premium x share quantity x 0.25% (Min. HKD 100) |
1 Million to 8 Million HKD |
Premium x share quantity x 0.18% (Min. HKD 8) |
Over 8 Million HKD |
Premium x share quantity x 0.10% (No Minimum Charge) |
Day Trade 6,9,10 |
Premium x share quantity x 0.18% (Min HKD 8) |
|
Transaction Levy |
HKD3 per lot or HKD1 per lot or HKD0.5 per lot (Determined and collected by Options Clearing House) |
Fees for Exercise/ Assign |
Brokerage |
Exercise price x No. of contract x lots size x 0.25% (Min HKD100) |
Stamp Duty |
HKD1 per HKD1,000 Transaction Amount |
Transaction Levy |
0.003% of Transaction Amount |
Transaction Fee |
0.005% of Transaction Amount |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing)(Min HKD3)(Max HKD300) |
Exercising Fee |
HKD2 per Lot |
1. All new pricing above with effective on 2nd July 2020, for online trading and E-statement clients only
2. All new pricing above with effective on 11th Mar 2019, for online trading and E-statement clients only
3. All new pricing above with effective on 2nd Sept 2019, for online trading and E-statement clients only
4. Commission rebate will process on next month within 5 working days
5. Excluding stock assignment/ exercise’s commission. Maximum monthly commission is HKD 30,000
6. Only applied to stock option trading excluding commission from option assignment/exercise
7. Option's AUM is the sum of option account's cash balance and net option value. Net option value is based on settlement price of each day-end
8. Based on previous trading date day end's AUM level, if Option AUM is more than $1M, the trading date can enjoy the commission rates
9. All new pricing above with effective on 4th May 2020, for online trading and E-statement client only
10. Given the condition on the same contract and by using the total buy and sell quantity within a day: If the smaller quantity from one of the two sides is not less than 50% of the other, the new pricing scheme will apply
Above charges are for reference only, there are subject to change without prior notice.