MIB Securities (HK) Limited offers a wide range of overseas securities trading services. Our service covers Malaysia, Singapore, United States, China, Australia, Japan, Korea, Philippines, Indonesia, Taiwan and Thailand markets at your choice.
A. ASEAN Markets
| -Malaysia | -Japan | -Singapore | - Korea |
| -Philippines | -Indonesia | -Taiwan | -Thailand |
| -Vietnam | |||
B. Stock trading Hour and settlement
| Market | Trading Hours (HK Time) |
Settlement Currency |
Settlement Day |
Internet Service |
Telephone Service |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Japan |
|
USD HKD |
T+2 |  |
 |
||||||
| Malaysia |
|
MYR HKD |
T+2 | |
|
||||||
| Singapore | Morning Session: 9:00 a.m.- 12:00 p.m. Afternoon Session: 1:00p.m.- 5:06p.m. |
USD SGD HKD |
T+2 | |
|
||||||
| Philippines | Morning Session: 9:30 a.m.- 12:00 p.m. Afternoon Session: 1:30p.m.- 3:30p.m. |
USD HKD |
T+3 | |
|
||||||
| Korea | 8:00 a.m.- 2:00 p.m. | USD HKD |
T+2 | |
|
||||||
| Thailand |
|
USD HKD |
T+3 | |
|
||||||
| Taiwan | 9:00 a.m.- 1:30 p.m. | USD HKD |
T+2 | |
|
||||||
| Indonesia |
|
USD HKD |
T+2 | |
|
C. Future trading Hour and settlement Day
| Pre-Open | Trading Hours | Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|
| 0715 1440 |
T Session 0730-1425 T+1 Session 1455-0445 |
Nikkei 225 Index | JPY | 5 pts = JPY 2500 | Cash |
| 0845 1650 |
T Session 0900-1630 T+1 Session 1700-0445 |
FTSE A50 CHINA Index | USD | 5 pts = USD 5 | Cash |
| 0830 1400 |
0845-1350 1415-0445 |
MSCI Taiwan Index | USD | 0.1 pt = USD10 | Cash |
| 0845 1825 |
0900-1810 1840-0445 |
CNX Nifty Index | USD | 0.5 pt = USD 1 | Cash |
| 0815 1725 |
0830-1710 1740-0445 |
MSCI Singapore Index | SGD | 0.1 pt = SGD 20 | Cash |
For full details on contract specifications, please visit SGX website.
D. Stock Commission and fee
| Market | Brokerage Commission (Online) | Trade Related Fee or Charges | Other Charges |
|---|---|---|---|
| Singapore (SGX) | 0.20%(Min. SGD 25/HKD 160/US 20) | Transaction Levy:0.0075% Clearing Fee:0.0325% Settlement Fee: 0.05% (Max HK$500.00) |
Withholding Tax: 20% on gross Dividend (Exempt:the dividend rate is tax deducted) Handling Fee:
Bank Commission:SGD50 per transaction (for Rights Taken up), Min.SGD10 & Max. SGD50(Exericise Warrents-0.125% from the conversion monies) Physical Deposit/Withdrawal Fee and Electronic Transfer Fee: Please contact cs@mib.com.hk/+852 22680660 for more details. |
| Malaysia (Bursa) | 0.20% (Min. MYR 60) | Stamp Duty: 0.1%(Roundup to the nearest Ringgit and Max. M$200) Clearing Fee:0.03%(Max. MYR 1,000) SST Tax: 6% of Commission (Min. MYR2.40) |
Withholding Tax: 25% on gross Dividend Handling Fee: 1% on gross Dividend after Tax (Min. MYR20 & Max. MYR250) Foreign Broker Charge: MYR 5 or Subject to the charge amount by Foreign Broker (for Cash Dividend) Transfer Fee(No Physical stock transfer is allowed) :SGX100.00 per counter/per transfer |
Service Fee for Retrieving Daily/Monthly Statement Fee: HKD50per Statement
*No amalgamation of trades done in the US markets will be available, i.e. every individual order is treated as an individual contract.
Note: All fees and charges are subject to revision without prior notice.
MIB Securities (HK) Limited offers a wide range of overseas securities trading services. Our service covers Malaysia, Singapore, United States, China, Australia, Japan, Korea, Philippines, Indonesia, Taiwan and Thailand markets at your choice.
A. US Market
| - America | -Canada |
B. Stock trading Hour and settlement
| Market | Trading Hours (HK Time) |
Settlement Currency |
Settlement Day |
Internet Service |
Telephone Service |
||
|---|---|---|---|---|---|---|---|
| United States |
|
USD HKD |
T+2 | |
|
||
| Canada |
|
USD HKD |
T+2 | |
|
C. Future trading Hour and settlement Day
Equity Index
| Pre-Open | Pre-Open(Winter) | Trading Hours (Summer) |
Trading Hours (Winter) |
Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|---|---|
| 0550-0600 | 70650-0700 | 0600-0415 0430-0500 |
0700-0515 0530-0600 |
E-mini Dow Jones ($5) | USD | 1 Index Point = USD5.00 | Cash |
| 0550-0600 | 0650-0700 | 0600-0415 0430-0500 |
0700-0515 0530-0600 |
E-mini NASDAQ 100 | USD | 0.25 Index Point = USD5.00 | Cash |
| 0550-0600 | 0650-0700 | 0600-0415 0430-0500 |
0700-0515 0530-0600 |
E-mini S&P 500 | USD | 0.25 Index Point = USD12.50 | Cash |
| 0550-0600 | 0650-0700 | 0600-0415 0430-0500 |
0700-0515 0530-0600 |
Nikkei 225 Index (USD) | USD | 5 Index Point = USD25.00 | Cash |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | Nikkei 225 Index (JPY) | JPY | 5 Index Point = JPY2,500.00 | Cash |
Currencies
| Pre-Open | Pre-Open(Winter) | Trading Hours (Summer) |
Trading Hours (Winter) |
Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|---|---|
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | AUD/USD | USD | 0.0001 = USD10.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | GBP/USD | USD | 0.0001 = USD6.25 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | CAD/USD | USD | 0.0001 = USD10.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | EUR/USD | USD | 0.0001 = USD12.50 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | JPY/USD | USD | 0.000001 = USD12.50 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | NZD/USD | USD | 0.0001 = USD10.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | CHF/USD | USD | 0.0001 = USD12.50 | Physical |
Financials
| Pre-Open | Pre-Open(Winter) | Trading Hours (Summer) |
Trading Hours (Winter) |
Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|---|---|
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | 10-Year U.S. Treasury Note | USD | 0.005 = USD15.625 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | 5-Year U.S. Treasury Note | USD | 0.0025 = USD7.8125 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | 2-Year U.S. Treasury Note | USD | 0.0025 = USD15.625 | Physical |
Energy
| Pre-Open | Pre-Open(Winter) | Trading Hours (Summer) |
Trading Hours (Winter) |
Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|---|---|
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | Light Sweet Crude Oil | USD | 0.01 = USD10.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | E-mini Crude Oil | USD | 0.025 = USD12.50 | Physical |
Metals
| Pre-Open | Pre-Open(Winter) | Trading Hours (Summer) |
Trading Hours (Winter) |
Product | CCY | Min-Fluctuation | Settlement |
|---|---|---|---|---|---|---|---|
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | 100oz Gold | USD | 0.1 = USD10.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | 5,000oz Silver | USD | 0.005 = USD25.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | Copper | USD | 0.0005 = USD12.50 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | Palladium | USD | 0.05 = USD5.00 | Physical |
| 0550-0600 | 0650-0700 | 0600-0500 | 0700-0600 | Platinum | USD | 0.1 = USD5.00 | Physical |
D. Stock Commission and fee
| Market | Brokerage Commission (Online) | Trade Related Fee or Charges | Other Charges |
|---|---|---|---|
| US (NYSE & NASDAQ)* | 0.15%, (Min. USD 25) | Security Fee: US$0.00051%(for Sale trade Only) Transaction Fee :USD0.119 per 1,000 shares (round up to nearest cents) Max. USD5.95(Sale Trade Only) |
Withholding Tax: 30% on gross Dividend Handling Fee: 1% on gross Dividend after Tax (Min. USD20.00 & Max. USD100.00) Foreign Broker Charge: USD1 per transaction (for Cash Dividend) Transfer Fee:USD55 or HKD430 per Transfer (for Stock) |
Service Fee for Retrieving Daily/Monthly Statement Fee: HKD50per Statement
*No amalgamation of trades done in the US markets will be available, i.e. every individual order is treated as an individual contract.
Note: All fees and charges are subject to revision without prior notice.
MIB Securities Group is authorised and regulated by the Financial Conduct Authority for European Markets in UK.
Post-merger, our institutional client base in Europe has benefited from our increased institutional equity product offering. We have enhanced the breadth and quality of our research capability, the flow of analysts and listed corporates that we are able to put in front of our clients and also the size and quality of deals that we are able to offer those clients from Maybank Investment Bank’s Equity Capital Markets department. This combination of factors continues to raise our profile among our client base and has given us a greater presence among larger, European-based, asset managers.
MIB Securities (HK) Limited offers a wide range of overseas securities trading services. Our service covers Malaysia, Singapore, United States, China, Australia, Japan, Korea, Philippines, Indonesia, Taiwan and Thailand markets at your choice.
A. China Markets
| - Shanghai | - Shenzhen |
B. Stock trading Hour and settlement
| Market | Trading Hours (HK Time) |
Settlement Currency |
Settlement Day |
Internet Service |
Telephone Service |
||
|---|---|---|---|---|---|---|---|
| China B Share |
|
Shanghai B Share:USD Shenzhen B Share:HKD |
T+3 | |
|
||
| Shanghai-Hong Kong Stock Connect | Opening Call Auction Session: 9:15a.m.-9:25a.m. Morning Session: 9:30a.m. - 11:30a.m. Afternoon Session: 1:00p.m.- 3:00p.m. |
RMB | T for stocks;T+1 for funds | |
|
||
| Shenzhen-Hong Kong Stock Connect | Opening Call Auction Session: 9:15a.m.-9:25a.m. Morning Session: 9:30a.m. - 11:30a.m. Afternoon Session: 1:00p.m.- 2:57p.m. Closing Call Auction Session: 2:57p.m.-3:00p.m. |
RMB | T for stocks;T+1 for funds | |
|
C. Shanghai-Hong Kong Stock Connect Service Fees and Charges (Settlement Date: T+1)
| Services | Charges |
|---|---|
| (A) Trade-related services | |
| 1. Brokerage Commission (Offline) | 0.25% (Min CNY 100) Please contact your AE for detail. |
| 2. Brokerage Commission (Online) | 0.15% (Min CNY 50) Please contact your AE for detail. |
| 3. Handling Fee | 0.00487% of the consideration of a transaction per side |
| 4. Securities Management Fee | 0.002% of the consideration of a transaction per side |
| 5. Transfer Fee | 0.002% on consideration of each transaction per side payable under ChinaClear's SH-HK Stock Connect Rules 0.002% on consideration of each transaction per side payable under the General Rules of CCASS for the provision of Stock Connect Northbound Clearing services by HKSCC |
| 6. Stamp Duty | 0.1% of the consideration of a transaction on the seller |
| (All charges rounded up to the nearest cent) |
|
| (B) Nominee Services and Corporate Actions | |
| 1. Collection Fee of Cash Dividend | 0.12% of gross dividend amount |
| 2. Collection Fee of Scrip Dividend | Nil |
| 3. Collection Fee of Bonus Issue | Nil |
| 4. Handling Fee for Collection of Cash Dividend | CNY$8.26 per transaction |
| 5.Portfolio Fee | [Closing price of SSE Securities of the day x number of shares] converted into Hong Kong Dollar Equivalent x 0.008% /365 |
| 6. Compulsory Share Buy-back Fee (Default Fee) | 1% on market value of settlement date (maximum HK$200,000) |
D. Shenzhen-Hong Kong Stock Connect Service Fees and Charges (Settlement Date: T +1)
| (A) Trade-related Services | |
| 1. Brokerage Commission (Offline) | 0.25% (Min CNY 100) Please contact your AE for detail. |
| 2. Brokerage Commission (Online) | 0.15% (Min CNY 50) Please contact your AE for detail. |
| 3. Handling Fee | 0.00487% of the consideration of a transaction per side |
| 4. Securities Management Fee | 0.00200% of the consideration of a transaction per side |
| 5. Transfer Fee | 0.002% on consideration of each transaction per side payable under ChinaClear's SZ-HK Stock Connect Rules 0.002% on consideration of each transaction per side payable under the General Rules of CCASS for the provision of Stock Connect Northbound Clearing services by HKSCC |
| 6. Stamp Duty | 0.1% of the consideration of a transaction on the seller |
| (B) Nominee Services and Corporate Actions | |
| 1. Collection Fee of Cash Dividend | 0.12% of gross dividend amount |
| 2. Collection Fee of Scrip Dividend | Nil |
| 3. Collection Fee of Bonus Issue | Nil |
| 4. Handling Fee for Collection of Cash Dividend | CNY$8.26 per transaction |
| 5. Rights Issue Entitlement Charge | NIL |
| 6. Fee for Rights / Excess Rights Exercise | CNY$100.00 per transaction |
| 7. Fee for Excess Rights Application | CNY$100.00 per transaction |
| 8. Fee for Warrants Exercise | CNY$100.00 per transaction |
| 9. Fee for Tendering Shares under a Takeover Bid | CNY$100.00 per transaction |
| 10. Fee for Handling Share Consolidation / Split | NIL |
