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| Enhance investment return potentials with leveraged trading |
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Up to 10 times leverage of the value of your foreign exchange margin deposit provides you sufficient funding to buy / sell spot foreign exchange contracts1. |
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7 currencies and 6 different cross-currency combinations for your selection. |
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You can trade by phone as well as obtain instant updates on your account balance and current market rates. |
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By using “eBanking”, you can make margin deposit and inquire outstanding transactions2. |
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All net profit / loss on contract settlement will be promptly credited to / debited from your account and statement will be issued upon completion of each transaction. |
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Extensive trading hours until New York market closes3 to seize the best investment opportunity at all times. |
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| Extended Trading Hours – More Flexibility4 |
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| Day |
Hong Kong Time |
| Monday - Friday |
8:30 am - 3:30 am
(closes at 2:30 am during New York Summer Time)
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| Margin Requirement for USD: |
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| Currency Against USD |
Contract Amount
(Per Lot in Original Currency) |
Margin Required
(Per Lot in USD/HKD) |
| AUD |
50,000.00 |
$5,500/$43,000 |
| CAD |
50,000.00 |
$5,500/$43,000 |
| JPY |
5,000,000.00 |
$6,000/$47,000 |
| NZD |
50,000.00 |
$4,500/$35,000 |
| CHF |
50,000.00 |
$5,500/$43,000 |
| GBP |
25,000.00 |
$4,000/$32,000 |
| EUR |
25,000.00 |
$3,500/$28,000 |
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| Margin Requirement for Cross Currency: |
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| Currency |
Contract Amount
(Per Lot in Original Currency) |
Margin Required
(Per Lot in USD/HKD) |
| AUD/JPY |
AUD 50,000.00 |
$5,500/$43,000 |
| NZD/JPY |
NZD 50,000.00 |
$4,500/$35,000 |
| EUR/GBP |
EUR 25,000.00 |
$3,500/$28,000 |
| EUR/JPY |
EUR 25,000.00 |
$3,500/$28,000 |
| EUR/CHF |
EUR 25,000.00 |
$3,500/$28,000 |
| GBP/JPY |
GBP 25,000.00 |
$4,000/$32,000 |
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Please visit any of our OCBC Wing Hang branches for services enquiry
Enquiries Hotline: 2852 5788
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| 1. |
Foreign exchange contracts are traded on a non-delivery basis. If more than one contract is bought or sold under the same currency, you may choose to setoff any one of your contracts. |
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| 2. |
Margin deposit making via “eBanking” must be executed when the Bank’s rate quotation for such currency is available at the time. |
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| 3. |
Service hours for trading start from 8:30am till New York market closes (summer time till 2:30am and winter time till 3:30am) from Monday to Friday. |
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| 4. |
Trading hour will be announced separately if Hong Kong or other major financial market(s) is / are closed. |
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| Important Notice and Risk Disclosure |
| (i) |
Foreign Exchange Margin is classified as High Risk Investment and it may only be suitable for investor with risk appetite of risk taking. For details, please visit any OCBC Wing Hang Branches with investment corner for enquiries. |
| (ii) |
The risk of loss in leveraged foreign exchange trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives. |
| (iii) |
Customer should not make any investment decision solely based on the above information. Before making any investment decision, customers should read attentively and carefully consider all the relevant investment product’s offering documents and information (including but not limit to the risk disclosure set out therein) to understand the product’s features and associated risks. If necessary, customer should obtain independent professional advice before making any investment decision. |
| (iv) |
The above information is for information purpose only and is not an offer, a solicitation of an offer, or any advice or recommendation to enter into a transaction. The above information have not been reviewed or approved by any regulatory authority in Hong Kong. |
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