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1. Which securities markets can I trade?
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You can trade stocks and warrents listed on the Stock Exchange of Hong Kong,
China B Shares, US Stocks, mutual funds and bond with Celestial Securities
Limited.
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2. What types of orders can I submit?
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You can submit at-auction limit order and at-auction order during pre-opening
season (details) and limit order during trading hours with Electronic Trading
Account.
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3. When can I submit my buy/sell, change or cancel order ?
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Basically you can submit buy/sell, change or cancel order anytime except for the period from 4:00 pm - 7:00 pm (day-end period).
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4. How long do my orders remain effective?
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Unless you cancel your orders or your orders are rejected by SEHK, your orders
will stay effective until the
end of the trading day.
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5. How can I place orders if I cannot access Internet?
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You can call our Dealing Hotline at (852) 2587-5228 for order placing.
The commission rate is 0.25% with a minimum commission of HK$100.
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6. Are there any specific requirements for on-line trading?
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Cash Account -
when you trade with your Electronic Securities Trading Account, sufficient
amount (trading policy) is required
to be deposited in your account prior to purchasing; while sufficient amount of
stocks much be made on-hand
before selling.
Margin Account -
when you trade with your Electronic Margin Trading Account, enough margin
amount (trading policy) is
required in your account prior to purchasing; while sufficient amount of stocks
much be made on-hand before
selling.
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7. How can I place orders?
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To place your orders, you should first click the login button of "Securities
Account" or "Margin Account"
which are on the top bar of CASH on-line's Homepage. You will be asked to enter
your Login name and
Login Password before getting into the Trading Hall. After logging into the
Trading Hall, you can enter the
order details (i.e. stock code, price and quantity) of your buy/sell order and
then submit your instruction
with your Trading Password.
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8. How can I make sure my orders have been securely sent?
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Celestial Securities Ltd. ("CSL") has designed the trading system in such a way
that it virtually ensures the
integrity and security of data transmission. When you place an order, the order
details together with an
assigned order reference number will appear on "Transaction Status" section
upon successfully transmission
(which will take just 2 - 3 seconds). CSL will also send e-mail to you for
trade confirmation.
Currently the 128-bit encryption technology, one of the most advanced
encryption measure in the world, is
being applied to our trading platform for ensuring integrity, security and
privacy of data transmission.
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9. Will I receive any statement?
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You will receive Bought/Sold Confirmation and Monthly Statement.
Bought/Sold confirmation will be sent to you via e-mail at the end of each
trading day. A hard copy will be
delivered to you by regular mail no later than the end of the next trading day.
Monthly Statement will be
mailed to you whenever you had engaged in any transaction/portfolio activities
in the preceding month.
You may choose to use the e-statement and contract note (e-mail), instead of
receiving the hard copies by
post upon signing of
The Consent Form.
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10. What is the difference between market orders and limit orders?
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Market orders are used to buy/sell securities at the market prevailing prices.
Market orders are executed
immediately after orders have been placed.
Limit orders are used to buy/sell securities at specified prices lower or
higher than the market prevailing
prices. Limit orders will not be executed until the specified prices are met.
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11. How will I be notified of executed orders?
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Once your order is executed, the "Status" column under the "Transaction Status"
section at the Trading Hall
will be changed from "Queuing" to "Executed". Besides, you will be immediately
notified via e-mail once
your order is executed. Moreover, Bought/Sold Confirmation will be mailed to
you. All the transaction and
portfolio records will be updated on real-time basis .
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12. What are the trading hours?
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