Stock Option Commission Promotion
$0 ommission	Weekly Stock Option Open（First two order each month）
	Covered Call Open (Should have corresponding stock in the Stock Option Account for covered call)
	Covered Put Open (Should deposit 100% proceed for stock assignment in Stock Option Account for covered put)
$5commission	Long contracts (Long Open or Short Close) ach trade less than 10 lots: HKD 5 per lot
	1 Million HKD or above Option's Asset Under Management: 0.18% of transaction amount (Min. HKD 5)
	Day Trade: 0.18% of transaction amount (Min. HKD 5)
Hedge Account	No Application Fee, reduce margin requirments for option portfolio
Stock Options Transaction Fees
Brokerage	Online Trade Non-online Trade 0.18% of Transaction Amount (Min. HKD 50) 0.25% of Transaction Amount (Min. HKD 100)
Transaction Levy	HKD 3, HKD 1 or HKD 0.5 per lot (Determined and collected by Options Clearing House)
Fees for Exercise/ Assign
Brokerage	0.25% of Transaction Amount (Min. HKD 100)
Stamp Duty	0.1% of Transaction Amount (round up to nearest HKD)
Transaction Levy	0.00285% of Transaction Amount (including 0.0027% SFC and 0.00015% AFRC Transaction Levy)
Transaction Fee	0.00565% of Transaction Amount
CCASS Fee	0.01% of Transaction Amount (including 0.002% HK Clearing Fee; Min. HKD 3, Max. HKD 300)
Exercising Fee	HKD 2 per Lot

1.All promotions are applicable to online trading and E-statement clients only.
2.Commission of covered orders will be collected in advance and rebate to stock option account within the first 5 working days of next month.
3.Commission of weekly stock option trades will be collected in advance and rebate to stock option account within the first 5 working days of next month.
4.Option's AUM is based on settlement price of previous trading day (sum of cash and net option value). Clients can enjoy the comission discount, if option's AUM is more than HKD 1 million in previous trading day.
5.Day Trade: Given the condition on the same contract and by using the total buy and sell quantity within a day: If the smaller quantity from one of the two sides is not less than 50% of the other, the new pricing scheme will apply.