Chief Securities Limited
Futures and Options Charges (Each Contract)
Product
Commission (Phone In)
Daytrade Overnight
Commission (Internet)
Daytrade Overnight
Trading Fee Transaction Levy
HSI Futures#
Daytrade:HK$50 Overnight:HK$90
Daytrade:HK$30 Overnight:HK$50
HK$10 HK$0.54
MHI Futures#
Daytrade:HK$16.5 Overnight:HK$26.5
Daytrade:HK$12 Overnight:HK$20
HK$3.5 HK$0.1
HHI Futures#
Daytrade:HK$30 Overnight:HK$50
Daytrade:HK$20 Overnight:HK$30
HK$3.5 HK$0.54
MCH Futures#
Daytrade:HK$16.5 Overnight:HK$26.5
Daytrade:HK$12 Overnight:HK$20
HK$2 HK$0.1
Hang Seng TECH Index Futures#
Daytrade:HK$16.5 Overnight:HK$26.5
Daytrade:HK$12 Overnight:HK$20
HK$5 HK$0.54
Stock Futures
Daytrade:HK$8.5 Overnight:HK$16.5
Daytrade:HK$5 Overnight:HK$8
Tier 1:HK$3.0
Tier 2:HK$1.0
Tier 3:HK$0.5
Auto Settlement:HK$2
HK$0.1
London Aluminum Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
London Zinc Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
London Nickel Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
London Tin Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
London Lead Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
London Copper Mini Futures
Daytrade:RMB¥16.5 Overnight:RMB¥16.5
Daytrade:RMB¥12 Overnight:RMB¥12
RMB¥3 RMB¥0.44
CES 120 Futures
Daytrade:HK$30 Overnight:HK$50
Daytrade:HK$20 Overnight:HK$30
HK$10 HK$0.54
EUR / CNH Futures
Daytrade:RMB¥30 Overnight:RMB¥30
Daytrade:RMB¥8 Overnight:RMB¥8
RMB¥5 -
JPY / CNH Futures
Daytrade:RMB¥30 Overnight:RMB¥30
Daytrade:RMB¥8 Overnight:RMB¥8
RMB¥5 -
AUD / CNH Futures
Daytrade:RMB¥30 Overnight:RMB¥30
Daytrade:RMB¥8 Overnight:RMB¥8
RMB¥5 -
CNH / USD Futures
Daytrade:US$4 Overnight:US$4
Daytrade:US$1 Overnight:US$1
US$0.6 -
USD / CNH Futures*
Daytrade:RMB¥30 Overnight:RMB¥30
Daytrade:RMB¥15 Overnight:RMB¥15
RMB¥8 -
MINI USD/CNH FUTURES
Daytrade:RMB¥15 Overnight:RMB¥15
Daytrade:RMB¥1.8 Overnight:RMB¥1.8
RMB¥1.6 -
Sector Index Futures
Daytrade:HK$16.5 Overnight:HK$26.5
Daytrade:HK$12 Overnight:HK$20
HK$2 HK$0.54
MSCI Index Futures
Daytrade:US$4 Overnight:US$4
Daytrade:US$1 Overnight:US$1
US$1 / US$0.6^ US$0.07
TSI Iron Ore Fines 62% Fe CFR China Futures Monthly Contracts
Daytrade:US$8 Overnight:US$8
Daytrade:US$2 Overnight:US$2
US$1 US$0.07
TSI Iron Ore Fines 62% Fe CFR China Futures Quarterly Contracts
Daytrade:US$8 Overnight:US$8
Daytrade:US$2 Overnight:US$2
US$1 US$0.07
USD Gold Futures **
Daytrade:US$8 Overnight:US$8
Daytrade:US$2 Overnight:US$2
US$1 US$0.07
USD Silver Futures **
Daytrade:US$8 Overnight:US$8
Daytrade:US$2 Overnight:US$2
US$1 US$0.07
CNH Gold Futures **
Daytrade:RMB¥50 Overnight:RMB¥50
Daytrade:RMB¥15 Overnight:RMB¥15
RMB¥6 RMB¥0.5
CNH Silver Futures **
Daytrade:RMB¥50 Overnight:RMB¥50
Daytrade:RMB¥15 Overnight:RMB¥15
RMB¥6 RMB¥0.5
Product
Commission (Phone In)
Min Max
Commission (Internet)
Min Max
Trading Fee Transaction Levy
HSI Options
(Monthly & Weekly)
(Physically Settled Options) ***
1% of contract value
Min:HK$20 Max:HK$90
1% of contract value
Min:HK$20 Max:HK$40
HK$10 HK$0.54
MHI Options
1% of contract value
Min:HK$18 Max:HK$28
1% of contract value
Min:HK$10 Max:HK$18
HK$2 HK$0.1
HHI Options
(Monthly & Weekly)
(Physically Settled Options) ***
1% of contract value
Min:HK$30 Max:HK$50
1% of contract value
Min:HK$20 Max:HK$30
HK$3.5 HK$0.54
MCH Options
1% of contract value
Min:HK$18 Max:HK$28
1% of contract value
Min:HK$10 Max:HK$18
HK$1 HK$0.54
Hang Seng TECH Index Options
1% of contract value
Min:HK$30 Max:HK$50
1% of contract value
Min:HK$20 Max:HK$30
HK$5 HK$0.54
Product
Commission (Phone In)
Daytrade Overnight
Commission (Internet)
Daytrade Overnight
Trading Fee Transaction Levy
USD / CNH Options*
Daytrade:RMB¥30 Overnight:RMB¥40
Daytrade:RMB¥10 Overnight:RMB¥20
RMB¥8 -
MSCI China Free (USD) Index Options US$4 US$2 US$1 US$0.07
MSCI Taiwan (USD) Index Options US$4 US$2 US$1 US$0.07

The commission rate is negotiable for large trading volume. Please call 2500 9128 for more information.


*    USD/CNH Futures / Options will be settled at expiration by exchanging principal. The charge is RMB¥150 for each contract.

**  No physical delivery for Gold & Silver Futures, positions need to be closed before expiry date.

*** If Physically Settled Options on Futures Contract is exercised on its expiry day, the new trade of the underlying futures will be charged by overnight phone in commission.

^ Trading Fees of MSCI Futures are subject to corresponding futures. Details could be found at HKEX’s website.

Note:

  1. Commission is subject to overnight charges of phone orders if expiring futures contract is closed out by “auto cash settlement” on the last trading day.
  2. Commission is subject to phone orders charges if expiring index options contract (in-the-money options) is closed out by "auto cash settlement" on the last trading day.
  3. Commission of index options rounded up to the nearest dollar.

#   Commission rate for After-Hours Futures Trading (T+1 Session):

  1. Establishment and closure of a futures position within the same T+1 session would be classified as a day trade. Commission rate for day trade would be charged accordingly. Establishment of a futures position in the T+1 session which is closed during the next normal trading session would be charged with the commission rate for day trade as well.
  2. All commission collection would be shown on the daily statement of the next normal trading session and would be subjected to the statement. (Transactions during the T+1 session would be shown on the daily statement of the next trading day)
  3. HKEX announced that all MSCI futures and options will be the first suite of products (“H Products”) to be cleared on Hong Kong public holidays (“H Days”) commencing from Monday, 9 May 2022 (Buddha’s Birthday public holiday).
  4. “H Days” will be regarded as clearing date. Establishment of any futures position in the T+1 session preceding “H Days” which is closed during the next normal trading session following “H Days” would be charged with the commission rate for overnight trade.

If you wish to know more about commissions of Hong Kong futures and other service charges, please press here.


PDF

All information is subject to change without prior notice.

Online Trading System
Online Trading System Monthly Fee (HK$) Conditions to Waive
SP Trader Free of Charge N/A

All information is subject to change without prior notice

Other Services
Statement Administrative Fee Charges (HK$)
Statement Administrative Fee# Paper statement : HK$10* (Each Category**)
E-statement : Free of Charge
Request for Historical Statements Send by email:
Within past 6 months: Free of Charge
Beyond past 6 months up to 7th year: $20 per page
  Send by post:
Within past 6 months: HK$10 ( Each Category )
Beyond past 6 months up to 7th year: $20 per page
* Charges will be waived for existing customers aged 65 or above.
** HK Stocks, Global Stocks, Futures Commodity and Stock Options will be each deemed as one category.

All information is subject to change without prior notice.

Memorandum of Order Placing
  1. All order instructions must be placed by the Client either in person or by phone, to our licensed representative.
  2. To protect clients’ interest, all the phone conversations are recorded in our system.
  3. Clients should provide the following information when placing the order by phone:
    1. Account Number & Name
    2. Buy or Sell
    3. Contract Name
    4. Price
    5. Quantity
  4. Clients should pay attention to the order price. Order price can be market order or limit order. Market order will follow the market price to volatile.
  5. Unless the order(s) has been canceled, otherwise the order(s) will be valid until the market closed.
  6. After completion of an order, we will confirm with the clients ASAP. In case, there is no confirmation after market closed, clients are responsible to call back and check their order status.
  7. If the clients placed the order or complete the transaction by phone, the order may not be showed on the Internet trading platform immediately. Clients are responsible to call us to check their order status.

All information is subject to change without prior notice.

Margin Call
  1. Agreement between the client and CHIEF covers two types of margins, the initial and maintenance. Amount of margin demanded by the Exchange changed from time to time.
  2. Initial margin must be fulfilled before you begin to trade.
  3. Initial margin must be cash settled.
  4. Margin call would be made by our company whenever the amount value of open position falls below the maintenance margin. Client has to deposit additional funds to restore the account to the initial margin level.
  5. Opening new position or money withdrawal is prohibited when margin calls occur.
  6. If client is failed to meet the margin call, our company reserves the right to liquidate the client’s open positions without any further notice.

All information is subject to change without prior notice.