How do I place an order for a US Stocks via WebTrade?
- Log into your KGI Trading Account.
- Select [United States] in [Securities Trading].
- Fill in details of your order request.
- Click [Preview] to double check your entries before you confirm.
Note:
US Stocks orders currently can be placed only via WebTrade or through our 24-hour InvestLine at (852) 2878-5555.
See Trade Demo for
an interactive guide to WebTrade.
What will happen if I place an order?
Once you place an order, WebTrade will provide you with a summary of your order and a reference number. The reference number is our confirmation that your order has been accepted. Please DO NOT disconnect from WebTrade until you have received the reference number. From this point on, you can always find out the status of your order by clicking "Securities Trading" "Order Status".
See Trade Demo for an interactive guide to WebTrade.
How do I amend / cancel my order?
You can amend / cancel the quantity of your orders and prices in these orders if they have not yet been fully executed.
To amend / cancel your order, please click on the relevant [Amend] / [Cancel] link on the Order Status table under "WebTrade"
"Securities Trading", enter your changes in the appropriate boxes and click [Submit].
See Trade Demo for
an interactive guide to WebTrade.
What type of US Stocks can I trade via WebTrade?
You can trade on-line all listed US Stocks on the New York Stock Exchange (NYSE), American Stock Exchange (AMEX) and the Nasdaq Stock Market (Nasdaq).
Note:
With effect from May 12, 2014, KGI will not accept order placing for certain U.S. stocks (mainly Pink and OTCBB stocks)
For details, please refer to the following link:
https://www.viewtrade.com/ess/
Should you have any enquiry, please call our 24-hour InvestLine (852) 2878 5555 or your Investment Representative.
What are trading hours for the US Stocks market?
The trading hours for NYSE, AMEX and Nasdaq are: Monday to Friday
- Summer time: 21:30 - 04:00 (HKT)
- Winter time: 22:30 - 05:00 (HKT)
What is the settlement period for US Stocks?
The settlement period is trade date plus 2 US business days. (T+2)
What are the restrictions for trading US Securities?
Our US broker does not accept Buy /or Depository order of:
- US Micro-Cap Stocks (i.e. OTCBB market) with price less than USD 0.50 per share AND market capitalization of USD 50 million or less (the "50/50 rule"), OR
- Securities trading in OTC Pink Sheet market other than
- American Depository Receipt (ADR) or
- Securities that also trade in other countries (Last digit of stock code is "F")
For sell order of this kind of securities, US broker needs time to review and hence such order will be delayed before it reaches the market. We would like to remind you:
- NOT to repeatedly send the same order to avoid duplication if the order is delayed;
- After the review is completed, our US broker will release or reject the order
What is the board lot size for US Stocks?
There is no board lot size for US Stocks. Investor can trade a minimum of 1 share per order.
Can I short-sell US Stocks?
Short-selling of US Stocks is not allowed via WebTrade.
Can I buy and sell the same US Stocks on the same trading day?
Once your Buy order has been executed, you can place a Sell order at any time.
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