U.S. Securities Trading Fees and Settlement Date Update
2024-05-27
Dear Valued Clients,
U.S. securities trading fees will be updated effective from 27th May 2024.
In addition, according to the announcement of the U.S. Securities and Exchange Commission (“SEC”), the settlement date of U.S. securities trading will be changed from T+2 to T+1 starting on 28th May 2024, which means settlement is made on the first business day after the trade date.
Please find more details in the table below:
| Transaction Type |
Standard Charge | Min. & Max. Charges | Settlement Date |
|---|---|---|---|
| Settlement Fees | US$0.006 per share | Min. Charge US$0.35 | T+1 |
| Trading Activity Fees | US$0.000166 per share (Per each SELL trade) |
Min. Charge US$0.01 Max. Charge US$8.3 |
T+1 |
| SEC Fees | 0.00278% of the transaction amount per trade (Per each SELL trade) |
Min. Charge US$0.01 | T+1 |
If you have any inquiries, please contact your designated relationship manager or call our customer service department at (852) 2919 2919.
Yours faithfully,
Emperor Securities Limited