Transaction fees include commissions and platform fees, which are calculated as follows:
1)Commission
Type |
Fees |
Commission |
|
2)Platform Fee
Type |
Fees |
Platform Fee |
transaction nominal value * 0.04% Min 2USD or 3SGD or 15CNH or 16HKD Max 15USD or 20SGD or 110CNH or 120HKD |
You can check the specific rate of each bond on the bond details page > Transaction Rules > Transaction Fees.
Custody fees are charged after you buy a bond, based on the market value of your position, and will stop being charged after you sell the bond. They are frozen on a daily basis and are deducted on a monthly basis. Custody fees for a month are deducted early next month. The formula to calculate custody fees is as follows:
Custody Fee = Daily Market Value * 0.08% / 365
In particular, Market Value is calculated according to the mid-closing price (average of the Indicative Bid Price and the Indicative Ask Price).
The above fees are all exclusive of goods and services tax (GST).
- No more -