FAQ About Trading | Fubon Bank

FAQ Category

Q1. What channels can I access to Fubon Bank' s securities services?

Q1. What channels can I access to Fubon Bank' s securities services?: If you have opened a securities account, you can execute securities trading via our Manned Stock Trading Hotline, Internet Stock Trading Service, “FB Invest+” Securities Trading Mobile App or visit our Securities Services Centres.

Q2. What are the trading hours?

Q2. What are the trading hours?

• Hong Kong Exchanges and Clearing Limited (HKEx)
Pre-opening Session: 9:00 a.m. to 9:30 a.m. (Hong Kong Time)
Morning Trading Session: 9:30 a.m. to 12:00 p.m. (Hong Kong Time)
Afternoon Trading Session: 1:00 p.m. to 4:00 p.m. (Hong Kong Time)
Closing Auction Session: 4:00 p.m. to a random closing between 4:08 p.m. and 4:10 p.m. (Hong Kong Time)
< Half Day Trading: 12:00 p.m. to a random closing between 12:08 p.m. and 12:10 p.m.(Hong Kong Time) >
Monday to Friday (exclude public holidays)

There is no afternoon session on the Christmas eves, New Year and Lunar New Year. A calendar showing the non-trading days and the details is published on the HKEx website. https://www.hkex.com.hk/News/HKEX-Calendar?sc_lang=en

• Taiwan Stock Exchange

The Taiwan Stock Exchange operates a regular trading session from Monday to Friday (including exchange announced additional trading days) 9:00 a.m. to 1:30 p.m. Regarding trading hours and additional trading days of Taiwan stock markets, please refer to the following website: http://www.twse.com.tw/en/holidaySchedule/holidaySchedule

• Other stock markets

Regarding trading hours of other stock markets, please refer to the websites of relevant stock exchanges below:
Singapore https://www2.sgx.com/securities/trading
Japan https://www.jpx.co.jp/english/corporate/about-jpx/calendar/

China Shares Markets
Shanghai Stock Exchange: http://english.sse.com.cn/
Shenzhen Stock Exchange: http://www.szse.cn/English/index.html

US
New York Stock Exchange: https://www.nyse.com/markets/hours-calendars#holidays
NASDAQ: http://www.nasdaq.com/about/trading-schedule.aspx

Q3. What kind of order types can I place?

Q3. What kind of order types can I place?

The applicable order types during continuous trading session (Continuous trading session starts from 9:30 a.m. to 12:00 noon, and 1:00 p.m. to 4:00 p.m.)

1. Session Order
Session Order will automatically determine the type of your submitted order according to the order type of the current or next trading session and dispatch your order to the market for matching and execution.

2. Enhanced Limit Order
This order type allows matching with up to 10 price queues, where the price of the trade generated is at or better than the limit price. Unfilled orders after matching will be converted to limit orders at the input limit price.

Order Type	Matching		Result
Enhanced Limit Order Buy HK$250,000 at HK$18.1 each	Ask		Orders generated: HK$30,000 at HK$18.0 each HK$130,000 at HK$18.1 each Outstanding: HK$90,000 at HK$18.1 each (Price Limit)
	Price	Quality
	$18.9	110K
	$18.8	130K
	$18.7	190K
	$18.6	110K
	$18.5	90K
	$18.4	90K
	$18.3	50K
	$18.2	20K
	$18.1	130K
	$18.0	30K

3. Trigger Order

a)	Description of Trigger Order: Trigger buy order (Price goes up): When stock price goes up and reaches the Trigger Price, the buy order will be sent to market at the designated Order Price. Designated Order Price must be higher than or equivalent to Trigger Price. Trigger buy order (Price goes down): When stock price drops to the Trigger Price, the buy order will be sent to market at the designated Order Price. Designated Order Price must be higher than or equivalent to Trigger Price. Trigger sell order (Price goes up): When stock price goes up and reaches the Trigger Price, the sell order will be sent to market at the designated Order Price. Designated Order Price must be lower than or equivalent to Trigger Price. Trigger sell order (Price goes down): When stock price drops to the Trigger Price, the sell order will be sent to market at the designated Order Price. Designated Order Price must be lower than or equivalent to Trigger Price.
b)	Customers can access "Order Book" via our Internet Stock Trading Service or “FB Invest+” Securities Trading Mobile App to check the latest status of trigger orders whether the trade has been fully executed, partially executed or unexecuted.
c)	Trigger order based on market data to trigger the underlying instruction, there may be market conditions or other reasons that may cause the required data unable to be received by the Bank’s trading system, which may lead to the underlying instruction fail to be triggered. The Bank is not be liable to customers for any losses.
d)	The Bank currently only accepts intraday trigger order instructions, which are only applicable during continuous trading session. If the order cannot be executed before the close of the trading day, the relevant order will be cancelled.

4. Auction Limit Order
It is a limit order with a pre-determined specified price for price auction during the order input period of auction sessions. After the pre-opening session, unfilled at-auction limit orders will be converted to limit orders at the input limit price and carried forward to the continuous trading session provided that the specified price of that At-Auction Limit Order does not deviate 9 times or more from the nominal price.

Q4. How long will my orders stay valid?

Q4. How long will my orders stay valid?: Good-till-day refers to an Enhanced Limit Order which you can place up to 14 calendar days in advance. If the order is not triggered, cancelled or rejected on a trading day before the expiry date, it will be automatically carried forward to next trading day until the end of the expiry date. If the order has been partially executed on or before the expiry date, the unexecuted portion of the order will be canceled on the same day. In other words, the order will not be carried forward to the end of the expiry date. Session Order, Auction Limit Order and Trigger Order will be valid until the end of each trading day only (i.e. 4:00 p.m./4:10p.m.). All unexecuted transaction instruction(s) will automatically be cancelled after market closed. You may input the order when system is ready to accept next trading day's order again (around 7:00 p.m. on trade day).

Q5. May I sell shares bought on the same day or carry out Day Trade?

Q5. May I sell shares bought on the same day or carry out Day Trade?: Yes, you can sell the shares once the purchase order is executed and confirmed on the same trading day.

Q6. What is short selling? May I conduct short-selling via securities services provided by Fubon Bank?

Q6. What is short selling? May I conduct short-selling via securities services provided by Fubon Bank?: Short selling is selling shares that you do not own. Our Bank currently does not provide such service.

Q7. What is a Trading Spread?

Q7. What is a Trading Spread?

Stock price is fluctuated according to specific trading spread. The Exchange has authorized all the listed securities to trade in accordance with the scale of “Spread” indicated below (except Debt Securities, Exchange Traded Funds and Leveraged and Inverse Product):

Stock Price Range (HK$)	Spread (HK$)
From 0.01 to 0.25	0.001
Over 0.25 to 0.50	0.005
Over 0.50 to 10.00	0.010
Over 10.00 to 20.00	0.020
Over 20.00 to 100.00	0.050
Over 100.00 to 200.00	0.100
Over 200.00 to 500.00	0.200
Over 500.00 to 1,000.00	0.500
Over 1,000.00 to 2,000.00	1.000
Over 2,000.00 to 5,000.00	2.000
Over 5,000.00 to 9,995.00	5.000

The scale of “Spread” on Debt Securities are as below:

Stock Price Range (HK$)	Spread (HK$)
From 0.50 to 9,999.95	0.050

The scale of “Spread” on Exchange Traded Funds and Leveraged and Inverse Products are as below: (For Fixed Income Exchange Traded Funds, fund manager has an option to use the spread table below or the spread table for Debt Securities.)

Stock Price Range (HK$)	Spread (HK$)
From 0.01 to 1.00	0.001
Over 1.00 to 5.00	0.002
Over 5.00 to 10.00	0.005
Over 10.00 to 20.00	0.010
Over 20.00 to 100.00	0.020
Over 100.00 to 200.00	0.050
Over 200.00 to 500.00	0.100
Over 500.00 to 1,000.00	0.200
Over 1,000.00 to 2,000.00	0.500
Over 2,000.00 to 9,999.00	1.000

For other details, please refer to HKEx websites at www.hkex.com.hk.

Q8. What is a Board Lot and Odd Lot?

Q8. What is a Board Lot and Odd Lot?: Shares are normally traded in multiples of Board Lot in Hong Kong. Share price quotations are usually indicated for Board Lot trading. Share trading size smaller than a Board Lot size is called Odd Lot. Odd Lot trading is usually executed at a few spreads inferior to a normal bid/ask quote.

Q9. What will be charged for trading?

Q9. What will be charged for trading?: Please refer to the Service Charges section.

Q10. Is futures trading provided by our bank?

Q10. Is futures trading provided by our bank?: No, we do not provide futures trading service.

Q11. Can I place, amend or cancel my order(s) via email?

Q11. Can I place, amend or cancel my order(s) via email?: No. We do not accept any order instruction, amendment or cancellation via email.

Q12. Under severe weather, can I execute securities trading?

Q12. Under severe weather, can I execute securities trading?: Yes, you can trade Hong Kong stocks via our Internet Stock Trading Service, “FB Invest+” Securities Trading Mobile App, and Manned Stock Trading Service Hotline, and you can trade Shanghai Connect/Shenzhen Connect Trading Services via our Manned Stock Trading Service Hotline on a Severe Weather Trading Day (“SWT Day”), further to Hong Kong Exchanges and Clearing Limited’s implementation of the arrangements on allowing Hong Kong's securities and derivatives markets to remain open during severe weather conditions from 23 September 2024. SWT Day refers to any day from Monday to Friday except a Hong Kong public holiday on which severe weather falls.

Q13. On a Severe Weather Trading Day (“SWT Day”), what should I do if my securities loan balance exceeds the facilities limit?

Q13. On a Severe Weather Trading Day (“SWT Day”), what should I do if my securities loan balance exceeds the facilities limit?: Banks will not provide branch counter services on a SWT Day. Customers can use online fund transfer services to repay outstanding securities loan balance which exceed the facilities limit. For online fund transfer services offered by different banks, customers may check with relevant banks and make advance arrangements for their payment activities if necessary.