Tung Shing Securities (Brokers) Limited Internet Platform for Hong Kong Stock Options Trading. Simple User Guide

Transcription

1 Tung Shing Securities (Brokers) Limited Internet Platform for Hong Kong Stock Options Trading Simple User Guide Updated on 11 Jan

2 Table of Content (A) Login SP System (P.2) (B) Account Info Window (P.3) (i) Account Summary Page (P.4) (ii) Order Page (P.4) (iii) Position Page (P.5) (iv) Clear Trade Page (P.6) (v) Cash Page (P.6) (C) Type of Windows (P.7) (i) Market Price Window (P.8) (a) Add New Product on the (P.8) Price List Page (b) Insert Price (P.9) (c) Remove Price (P.9) (d) Clear Price List (P.9) (e) Product Information (P.10) (f) Edit Columns (P.11) (D) Order (P.15) (i) Enter Order window (P.16) (ii) Click To Trade (P.17) (iii) Modify an Order (P.18) (iv) Cancel an Order (P.18) (E) Default Desktop (P.19) (F) Logout SP System (P.20) (G) Contact Method (P.21) (H) Disclaimer (P.21) (ii) Price Depth Window (P.12) (d) Vertical or Horizontal View (P.12) (e) Change or Lock Product ID (P.12) (iii) Option Master Window (P.13) (a) Order Depth Mode (0) (P.13) (b) Basic Mode (1) (P.13) (c) Advance Mode (2) (p.14) (d) Master Mode (3) (p.14) Updated on 11 Jan

3 (A) Login SP System 1) Please use mouse to double click the SPTrader icon on the desktop to open the SP system. 2) Please select the language (English, Traditional and Simplified Chinese) before log in to the system. Enter the User ID and password, then click Accept & Login. 3) If this is the first time of login, Change Password Window will appear. Client is required to change the password in order to log in to the trading platform. Updated on 11 Jan

4 (B) Account Info Window Client can open the Account Info window from the Account menu. The Account Info window contains information of the client s account, such as cash balance, position details and trade records. Updated on 11 Jan

5 (i) (ii) Account Summary Page Order Page Field Buying Power NAV Margin Call Description = Cash Balance + Credit Limit + Transaction Amt + Lockup Amt. - I. Margin = Cash Balance + Transaction Amt + New Opt value A margin call will be triggered when the NAV falls below the maintenance margin. Therefore, client is required to top up to the initial margin. I. Margin The initial amount of existing contract M. Margin The minimum amount of contract value that must be maintained. M. Level = (NAV I. Margin) x 100% Period Cash Balance Transaction Amt. Lockup Amt. Credit Limit Net Opt Value Total Premium Client Status Ctrl Level Mgn Class AE Trading period Available cash balance of the account Total premium paid/received on the trade day for all trades of stock options Required premium for placing a buy order for stock option = Order Price X Qty X Contract size Credit limit is applicable to a margin account and it determines the total maximum amount on a value day basis that may remain outstanding under the account. = Market Price X Contract Size X Qty = Net Option Value - P/L N/A Normal STD AE Code of your designated AE Under the Order page, client can review the record of queuing trade orders from the upper part and the record of executed trade orders from the lower part. Updated on 11 Jan

6 (iii) Position Page Client can review the details of investment holdings under the Position page. Client can close the position by highlighting the product, then press Close Position bottom. The Close Position Order window will then appear. Client must review the trade details of the Price, Qty, and Type field before pressing the Buy or Sell bottom to confirm and place the order. Or Client can review the details of investment holdings from Trade Statistics under the Trades page. Updated on 11 Jan

7 (iv) Clear Trade Page Client can review the executed trade orders on the trade day under the Clear Trade page. (v) Cash Page Client can review the cash balance of the account on the trade day under the Cash page. Updated on 11 Jan

8 (C) Type of Windows Client can open the following pricing windows from the Market menu. (i) (ii) (iii) Market Price Window Price Depth Window Option Master Window Long Price Depth is not applicable in stock option trading. Updated on 11 Jan

9 (i) Market Price Window Market Price window is a price list for different investment products. Client can add / delete the investment products, arrange columns of the price list pages, and arrange the layout of the pages. (a) Add New Product on the Price List Page Right click on the price list page, choose Rename Price List, input the name of the price list page. Click on the icon, I, on the top right corner, then the price tree will appear on the left hand side. Select and highlight the product, and drag to the price list page. Updated on 11 Jan

10 (b) Insert Price To add one particular product on the price list, right click on the price list page, choose Insert Price, then input the product id. (c) Remove Price To delete one particular product on the price list, highlight such product and right click, choose Remove Price, then choose Y to confirm. (d) Clear Price List To delete all products on the price list, right click on the price list page, choose Clear Price List, then choose Y to confirm to clear price list. Updated on 11 Jan

11 (e) Product Information To review the product information, right click on the price list page or price tree, choose Product Information. Updated on 11 Jan

12 (f) Edit Columns To add / delete the fields, or edit the position of the fields, double click on the column header. Edit Columns window will pop up. To add a new field, choose the field from Hidden box and press Insert bottom. The selected new field will be displayed in the Shown box. Please press ok to confirm the setting. To delete a field, choose the field from Shown box and press Hidden bottom. The selected field will be disappeared in the Shown box. Please press ok to confirm the setting. To position the ordering of the fields in the Shown box, client can click and highlight the selected field, the press the Move Up or Move Down bottom. Please press ok to confirm the setting. Updated on 11 Jan

13 (ii) Price Depth Window Price Depth window displays the real-time bid and ask prices, and the number of contracts of each price spread. The best bid starts from B1 to B5 while the best ask starts from A1 to A5. (a) Vertical or Horizontal View Click on the icon, V, on the top right corner to view the Price Depth Window vertically or horizontally. (b) Change or Lock Product ID To display and lock one particular product in the Price Depth Window, press the * icon. Input the product code in the Id field and click Lock Id box under the Input Product Id window. Updated on 11 Jan

14 (iii) Option Master Client can choose to view the Option Master Window with different formats, such as Order Depth Mode(0), Basic Mode (1), Distribution Mode (2), and Full Mode (3), by pressing the icon on the top menu. (a) Order Depth Mode (0) Order Depth Mode (0) displays the fields of Bid, B.Qty, Ask and A.Qty. (b) Basic Mode (1) Basic Mode (1) displays all the columns of Order Depth Mode (0), plus additional columns of Last, Prv.Close, High, Low, Volume, and OpenInt. Updated on 11 Jan

15 (c) Advance Mode (2) Advance Mode includes some the columns of Order Depth Mode (1), plus some additional columns are the risk parameters (Delta, Gamma, Theta, Vega). (d) Master Mode (3) Master Mode (3) includes all the columns of Advance Mode (2). It also has a function to calculate risk parameter real-timely according to your position, as well as to help you quickly know the market information and position risk. Updated on 11 Jan

16 (D) Order Client can select (i) Enter Order window or (ii) Quick Enter Order window from the Orders Menu, then input the trade details. a. Enter Order window b. Click To Trader window Updated on 11 Jan

17 (i) Enter Order Window Input the trade details in Id, Price and Qty Value field, and press BUY or SELL bottom to confirm and place the order. Or Double click on either anyone of the fields, B.Qty, Bid, A.Qty or Ask, in the Price Information window. The Id of such product will be displayed in the Enter Order window, and the Price and Qty Value field will be filled automatically at a prevailing market price or quantity. Client should review the trade details under the Price and Qty Value field, before press BUY or SELL bottom to confirm and place the order. Field Ref Inactive AO Description Not Applicable. Order, which is inputted to the system, will not be delivered to the market, unless client press Activate bottom in the Order page of the Account Info Window. Not Applicable. It will default Today for the Validity field. Client can also choose the appropriate type for Validity, and use Stop / Trigger function if necessary. Updated on 11 Jan

18 (ii) Click To Trade To place an order, client can input the order details in the Id and Qty fields, choose the by clicking the + feild under the Add column. Or Input the number in the Hit Ticks field and press Hit Buy or Hit Sell, press Yes in the Add Order Confirm window to confirm the order. To cancel order, client can either press the - field under the Del column, or press X buy or X sell in accordance with the buy or sell order. The system will default empty for Hit Ticks field and Today for Hit Type field. Client can set the price range for the trade order by inputting the number in the Hit Ticks field and choose the appropriate order type for Hit Type field. Updated on 11 Jan

19 (iii) Modify an Order Go to Order page of the Account Info window, and highlight the order, right click, or double click on the order, then the Change / Delete Order window will be appeared. Input the order details again, and press Change Buy or Change Sell bottom, and press Yes to confirm sending the order. (iv) Cancel an Order Go to Order page of the Account Info window, and highlight the order, right click, or double click on the order, then the Change / Delete Order window will be appeared. Press Yes to confirm deleting the order. Or Press the Delete bottom at the top - left corner. Press Yes to confirm deleting the order. Updated on 11 Jan

20 (E) Default Desktop It is recommended to have the following windows for the desktop. Client can set up his/ her own desktop and arrange the layout according to his/ her preference. To save the desktop, choose Save Desktop from the Desktop menu and press Yes to confirm. Updated on 11 Jan

21 (F) Logout SP System Choose Logout or Exit from the File menu, and press Yes to confirm. Then, it will logout the SP system. Updated on 11 Jan

22 (G) Contact Method Tung Shing Securities (Brokers) Limited Hong Kong Offices Main Office 22/F China Overseas Building, 139 Hennessy Road, Wanchai, Hong Kong Mongkok Office Room , 17/F, Wai Fung Plaza, 664 Nathan Road, Mongkok, Kowloon, Hong Kong Customer Service Hotline Tel: (852) (H) Disclaimer Tung Shing Securities (Brokers) Limited (CE No. ACP 065), The Stock Exchange of Hong Kong Limited and all related parties endeavor to ensure the accuracy and reliability of the information provided, but there is no guarantee that such information is accurate or reliable and that Tung Shing Securities (Brokers) Limited, the Stock Exchange of Hong Kong Limited and all related parties do not accept any liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions. Updated on 11 Jan