E'Invest STP Clients: Requirements and Risk Filters 
 
 

Attention to STP Clients:

With effect from 1 November 2013, a maximum and minimum price of 20 bids above and below the last done price will be implemented for E'Invest clients using straight-through-process ("STP") method. Orders exceeding 20 bids will be rejected by the system.

In regard to the guidelines and requirements stipulated under the Direct Market Access ("DMA") Handbook issued by Bursa Malaysia, STP clients are required to take note of the following:


SUMMARY OF THE REQUIREMENTS UNDER DMA HANDBOOK

(1)Client's Knowledge on Securities Market
 
STP clients must have the knowledge of the:
 
(i)process of entering DMA orders into the Exchange's order book;
(ii)requirements in the relevant rules in relation to trading on the market;
(ii)relevant laws pertaining to trading on the market; and
(iv)prohibited trading practices and trading offences.
 
A document in relation to Market Misconduct and Regulatory Measures by Bursa Malaysia will be sent to STP clients by email. STP clients can also request for the document from the Company in the event of not receiving the email.
 
STP clients should also always refer to the relevant news and updates from Bursa Malaysia and Securities Commission published in their websites.
 
(2)Guidance on the Trading Features and Functionality
 
Clients can go through the online guide on "Demo" menu at E'Invest home page or request for a copy of E'Invest Online Trading User Guide from the Company. A copy of the guide will be sent to STP clients by email.
 
(3)Agreement with STP Clients
 
As stipulated in the DMA Handbook, STP clients shall agree amongst other, their duties, obligation and rights in relation to DMA, and to compliance with the rules, regulations and securities laws.
 
As an E'Invest client, you have agreed to our online DMA Agreement when you first logged-in to our E'Invest platform. A copy of the agreement will be sent to STP clients by email. You may also request for a copy from the Company.
 
(4)Pre-Trade Risk Filters
 
As per Bursa's directive, it is mandatory for the Company to set up pre-trade risk filter. The pre-trade risk filters for STP clients are as follow:
 
 
(i)Trade Exposure Risk Filter
 Controlled by Buy, Sell and Net trading limits
 
(ii)Order Size Risk Filter
 Maximum quantity per order is 500,000
 
(iii)Price Limit Risk Filter
 Maximum and minimum price is 20 bids above and below the last done price. Orders exceeding 20 bids will be rejected by the system.
 
E.g. If the Last Done Price is above RM1.00, the price limit is +/- 20 sen.
If the Last Done Price is below RM1.00, the price limit is +/- 10 sen
 
If the STP clients wish to place orders above or below the pre-set limit, the STP clients shall contact their Dealer's Representatives.
 
Note that this price limit setting will only be applicable for STP clients from 1 November 2013 until the official launch date of Bursa Trade Securities 2 ("BTS2"), where the dynamic limit built into the BTS2 will replace this price limit filter.

For enquiries, please contact your Dealer's Representative or E-Services Helpdesk at 1-800-88-5288 / 04-2630050.


Thank you.



E-Services
HwangDBS Investment Bank Berhad
 
 
 
Previous Announcement:
E'Invest Lite version
E'Invest Mobile: Google Play and Apple App Store
HwangDBS-E'Invest Mobile
Replacement of 'Session' Order with 'Day' Order
Announcement on HwangDBS E'Invest New Order Panel
Changes for Bursa Trade Securities' (BTS) Trading Phases (effective 26th October 2009)
Bursa Trade Securities - 26 November 2008
New Trading Hall for Bursa Trade Securities - 18 July 2008
Launch Of New HWANGDBS-E'Invest Online Trading: BM - 3 December 2007
Launch Of New HWANGDBS-E'Invest Online Trading: PG, TP, SP, IP - 29 Octoboer 2007
Launch Of New HWANGDBS-E'Invest Online Trading: KU, KK - 24 September 2007
Launch Of New HWANGDBS-E'Invest Online Trading: JB, SB, CH, BB - 20 August 2007
Launch Of New HWANGDBS-E'Invest Online Trading: SA, TTDI, SJ - 06 August 2007
New HWANGDBS-E'Invest: Monitoring Portfolio, Order Status & Trading Reports - 02 August 2007
New HWANGDBS-E'Invest: Registration Period To Be Extended - 30 March 2007
New HWANGDBS-E'Invest: Internet Stock Trading System - 07 March 2007