Margin Service

 

Securities Margin Shares Pledged List

 

Securities Margin Services
ICBC (Macau) Margin Services can enhance your investment opportunities by providing you more abundant funds in buying the designated securities which increase your investment ability immediately. We also help you instantly in reacting to the ever-changing securities market and grabbing the opportunities of getting higher investment return.

 

Channels of margin trading
You can manage your margin trading or obtain real-time stock quote and market information through ICBC (Macau) securities trading hotline, any of our branches , internet banking and mobile banking.

 

Extremely high stock margin ratio
We offer you with cash flow up to 60% of the stock market price and help you to enhance your investment return.

 

Preferential margin loan interest rate
There are around 300 securities that can be mortgaged with preferential margin loan interest rate. The interest will only be charged on the proportion which has been used daily and settled once a month. It greatly minimizes your cost of investment funds.

 

Flexible and convenient service
You can come to any of our branches for opening a margin trading account. You can easily and instantly perform a trade or arrange margin deposit through our branches and securities hotlines.

 

Ways of trading securities margin
Securities hotlines services, trading through the front desk, trading , mobile securities, and trading online (e-banking transaction)
Securities trading hotlines: 28789188

 

Examples:
A customer has HKD 100,000 available capital.
The customer is offered 60% stock margin ratio for purchasing shares.
The maximum value of shares that can be purchased will be:
HKD100,000/（1-60%）= HKD250,000 (Fees are not included)

Portfolio status of the customer is as follows:
Customer’s total Loan Amount: HKD150,000
Accepted Margin Value: HKD250,000 x 60% = HKD150,000
Portfolio Margin Ratio = (Total Loan Amount / Accepted Margin Value)
= (HKD150,000 / HKD150,000) = 100%*

If the stock value has increased by 20% (Stock Value HKD300,000)
If the customer sells the stock immediately, the profit will be HKD50,000 (Fees are not included).
Return on investment 50% (HKD50,000 / HKD100,000)
Margin Ratio 83.3% ﹝HKD 150,000 / (HKD300,000 x 60%)﹞*
The above example is illustrated for reference only.
*Maintenance Buffer: If the portfolio margin ratio reaches >= 120%, a “Margin Call Notice” SMS will be sent to customer’s mobile phone to inform him/her the margin position and remind to cover the excess.
Margin Call/ Force-sale: If the portfolio margin ratio reaches >= 140%, the bank will force sell customer’s shares without a prior notice.

 

Risk Disclosure
The following risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before you trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objectives. You are advised to seek independent financial and professional advice before you trade or invest.

 

Risk of Securities Trading
The prices of securities and derivative products fluctuate. The prices of securities and derivative products may move up or down dramatically and may become even valueless. Loss rather than profit will be made as result of buying and selling investment.

 

Risk of Securities Margin Service
The risk of loss in financing a transaction by deposit of collateral may be significant. You may sustain losses in excess of your margin deposit and any other assets deposited as collateral with our bank. You may be called upon at a short notice to make additional margin deposit or interest payments. If the required margin deposit or interest payments are not covered within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will still remain liable for any resulting deficit and interest charged on your account.