FAQ - Trading |
Opening Account | Trading | Settlement | Securities | Technical | Others |
1 | Which market can I trade on apexetrade.com | |||||||||||||||||||||||||||
At the moment, you can trade on all stocks listed on the Bursa Malaysia, Malaysia. | ||||||||||||||||||||||||||||
2 | When can I submit my order? | |||||||||||||||||||||||||||
24 hours a day, 7 days a week. When the market is in session, your order(s) will be routed directly to the dealer's representative. However, if the market is closed, your order(s) will be routed to the dealer's representative in the next session when the market opens. | ||||||||||||||||||||||||||||
3 | How will I know how much is my trading limit? | |||||||||||||||||||||||||||
Trading limit is reflected in the main page named "Order Pad". | ||||||||||||||||||||||||||||
4 | How do I buy or sell odd lots? | |||||||||||||||||||||||||||
You need to change the Quote Screen platform from "Normal Board Lot" to "Normal Odd Lot". The Order Pad quantity will change from (Qtyx100) to (Qtyx1). | ||||||||||||||||||||||||||||
5 | How to view my order status? | |||||||||||||||||||||||||||
Click on "Order Book" in function menu bar and select "Order status" for viewing order status for the trading day. | ||||||||||||||||||||||||||||
6 | Can I revise or cancel an order? | |||||||||||||||||||||||||||
Yes, you can revise or cancel if your order has not been matched by Bursa Malaysia. | ||||||||||||||||||||||||||||
7 | How do I revise order quantity or price? | |||||||||||||||||||||||||||
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8 | How do I cancel an order? | |||||||||||||||||||||||||||
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9 | What will happen to my unmatched orders at the end of a trading day? | |||||||||||||||||||||||||||
All unmatched orders for the day will expire at the end of that trading day. However, if it is a Good Till Date (GTD) order (this is a Standing Instruction, good till a certain date specified by the client), it will automatically re-queue at each trading session until it is matched, or when the instruction expired, rejected or failed. | ||||||||||||||||||||||||||||
10 | What is the Good Till Date (GTD) order? | |||||||||||||||||||||||||||
Good Till Date (GTD) Order is a conditional request made to the broker (or the system) to keep the order in system till a predetermined date, unless it is executed or cancelled. Normally the order gets canceled at the end of the day, if it is not executed. | ||||||||||||||||||||||||||||
11 | What is the maximum timeframe for a GTD order? | |||||||||||||||||||||||||||
You may place a GTD order for a maximum period of 30 calendar days from the day the order is submitted.
However, if this Standing Instruction order is rejected or failed, it will NOT automatically re-queue at the next trading session. When this happens, you are advised to key in a fresh Instruction. | ||||||||||||||||||||||||||||
12 | What happens if I make a mistake, such as buying or selling the wrong stock? | |||||||||||||||||||||||||||
Once a trade is matched, it is treated in the same manner as trades executed through your dealer's representative. We advise you to exercise caution in your choice of stock and extra care in the online submissions of your orders. | ||||||||||||||||||||||||||||
13 | In what situations would an order be considered unacceptable? | |||||||||||||||||||||||||||
An order will be considered unacceptable is any of the following situations:
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14 | Description of order status? | |||||||||||||||||||||||||||
The status of every order is tracked in the "Order Status" screen. Generally, there are 8 types of status
Important tip: In order to view the updated status at any point in time, please refresh your screen by pressing F5 (Refresh shortcut key) | ||||||||||||||||||||||||||||
15 | How can I track 'Off Market Hours' orders? | |||||||||||||||||||||||||||
Orders placed during 'Off Market Hours' can be tracked in 'Order Status' under the category 'Instruction' until the next trading day. | ||||||||||||||||||||||||||||
16 | How do I set up my stock portfolio in the system? | |||||||||||||||||||||||||||
The system will manage the portfolio for you. This portfolio will be automatically updated whenever a buy and/ or sell order has been matched. | ||||||||||||||||||||||||||||
17 | Can I submit or amend orders via email? | |||||||||||||||||||||||||||
No, we do not accept submissions or amendments of orders via email. All orders and cancellations must be placed through our recognized trading channels, which is, the Internet or telephone. | ||||||||||||||||||||||||||||
18 | How do I view my historical order? | |||||||||||||||||||||||||||
Click on "Order Book" in function menu bar, select "Order History", key in the order dates and click the search button. All historical orders will be kept up to 3 months. | ||||||||||||||||||||||||||||
19 | What type of transaction costs do I need to pay in order to trade online? | |||||||||||||||||||||||||||
There is NO additional transaction cost! You only need to pay for:
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20 | What happens if I am away from my computer? How can I place an order? | |||||||||||||||||||||||||||
If you are away from your computer or have some difficulty placing an electronic order you may call your designated dealer's representative to place a trade at no extra charge. For your easy management, all Phone Orders will be reflected under your online "Order Status" screen upon submission, and are indicated with a "P" in the "Order Status" screen under the "Order No" column. | ||||||||||||||||||||||||||||
21 | What is a contra transaction? | |||||||||||||||||||||||||||
A contra transaction takes place when you buy and sell the same counter/ stocks within T+2. It is a transaction where a member company allows its clients to settle outstanding purchase positions against outstanding sales positions of the same securities. | ||||||||||||||||||||||||||||
22 | What is a Limit Order? | |||||||||||||||||||||||||||
A Limit Order is a Buy or Sell Order of shares at a specified price, or better. In this case, the order will not be completed at a price higher for a Buy Order or lower for a Sell Order than the specified price. While this type of order offers the investor some security in the cost of the transaction, it also narrows the possibility of an executed order. An investor would commonly use this type of order if he wants to achieve a targeted price during a specified time period. | ||||||||||||||||||||||||||||
23 | I wish to check my shares? | |||||||||||||||||||||||||||
Click on "Portfolio" menu and select "Equities Portfolio" for viewing your shares. This portfolio will be automatically updated whenever buy or sell order has been matched. | ||||||||||||||||||||||||||||
24 | If I have more than one trading account with the etrade facility, how do I ensure I trade under the desired account? | |||||||||||||||||||||||||||
In the 'Buy/ Sell Applet' click on the little arrow under 'Account No/ Name'. Your trading account/s maintained with Apex will appear. Click on the desired account to trade. | ||||||||||||||||||||||||||||
25 | What happens if I submit an order after the market is closed? | |||||||||||||||||||||||||||
An order submitted after the close of the market is classified as a Standing Instruction. You may view and manage these standing instructions at the "Pending Instruction" screen. Your order will be queued for execution when the market opens on the next trading day. | ||||||||||||||||||||||||||||
26 | How can I amend my personal information? | |||||||||||||||||||||||||||
You may contact your designated dealer representative (03-7890 8833) or remisier to update your personal information. Alternatively, you may email your client updating of particulars form to apexetrade@apexsecurities.com.my |