Derivative Warrant is one of the most active investment instruments in market. Please browse following issuer's website for more information and product risks.
The Royal Bank of Scotland N.V. |
Deutsche Bank |
Rabobank |
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Societe Generale |
J.P.Morgan |
Macquarie
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KBC Bank  |
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Derivative warrants can be issued over a range of assets, including stocks, stock indices, currencies, commodities or a basket of securities. They are issued by a third party, usually an investment bank, independent of the issuer of the underlying assets. Derivative warrants are an instrument that gives an investor the right to “buy” or “sell” an underlying asset at the pre-set price prior to a specified expiry date. The may be bought and sold prior to their expiry in the market provided by HKEx. At expiry, settlement is usually made in cash rather than purchase or sale of the underlying asset. Derivative warrants are generally divided into two types: calls and puts. Those who buy call warrant gain profit on bullish. Conversely, those who buy put warrants gain profit under bearish. Trading Hours for HKEx
Half day trading on Christmas Eve, New Year Eve and Chinese New Year Eve. Normal Day Trading Half- Day Trading
| Pre-opening Session: | 9:30 am to 10:00am 9:30 am to 10:00am |
| Continuous Trading Hours | Morning Session: 10:00am to 12:30pm 10:00am to 12:30pm |
| Afternoon Session: 2:30pm to 4:00pm |
Settlement Date
Settlement Day: Two days after Trading Date(T+2)
Transaction Fees
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Brokerage 0.25% to 0.5% of transaction amount, min HK$100.00 |
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Stamp Duty 0.1% of transaction amount, (Round up to dollars) |
| Transaction Levy 0.005% of transaction amount |
| CCASS Fee 0.002% of transaction amount, |
| Min. HK$2.00, Max. HK$100.00 |
Notes: Shenyin Wanguo Futures (H.K.) Ltd. reserves the right at all times to amend or vary the terms and conditions and Charges. Fee tables will be updated from time to time. Shenyin Wanguo Futures (H.K.) Ltd will not issue individual notice for every update.
Trading Methods
Clients can place orders by the phone to Account Executive or trade through the Online Trading system.
Please go to the sections of “Hong Kong Securities Trading” and “Fees and Charges” sections for further enquiry.