Good-Till-Date Orders 
 
 

12 January 2015 

To Our Valued Clients,

The current Good-Till-Date order feature will be replaced by Bursa Good-Till-Date (“Bursa GTD”) with effect from 19 January 2015.

The major features of Bursa GTD are:

   1.Matching Priority

Unlike the Day Order (where if the order is not filled, the order will expire at the end of the day), Bursa GTD order will remain in the Bursa Order Book without day-end expiry as long as the order is still valid. The matching is based on time priority i.e. first-in-first-out (“FIFO”) basis.

Example:

Today Order Book (6 Jan 2015) for Counter A

Order 1: GTD Order entered at 10.00am on 2 Jan 2015 @ RM1.00

Order 2: GTD Order entered at 3.00pm on 2 Jan 2015 @ RM1.00

Order 3: GTD Order entered at 9.00am on 3 Jan 2015 @ RM1.00

Order 4: Day Order entered at 8.30am on 6 Jan 2015 @ RM1.00

Order 1 will get matching priority compared to Order 2, 3 and 4.

   2.Order Validity

    2.1 Maximum 30 calendar days.

    2.2 Bursa GTD order will be cancelled automatically when

a. the GTD order is fully matched, expired or withdrawn by client/Dealer’s Representative;

b. the GTD order is cancelled by the Exchange;

c. the prices of GTD orders fall outside of the Static Price Threshold (30%);

d. the securities go into Corporate Exercise;

e. the securities become a Designated Counter;

f. the securities is suspended for one session or more;

g. the securities is delisted or matured; and

h. the settlement of the securities is changed from Ready to Immediate basis.

    2.3 Bursa GTD order will be cancelled automatically by eInvest at about 8.45am when

a. client portfolio shows negative balance for that counter;

b. Trading Limit of the client is negative;

c. Trading Limit of the Dealer’s Representative is negative;

d. the client is suspended from trading (Bursa GTD Buy orders will be cancelled if the client is suspended from buying, and Sell orders will be cancelled if the client is suspended from selling); and

e. the client’s trading account is closed.


   3.Others

3.1 Bursa GTD orders are applicable for both Normal and Odd-Lot markets only. Bursa GTD orders are not applicable to Buying-in markets and are not allowed for designated counters.

3.2 In order to prepare for the implementation of Bursa GTD orders, all existing GTD orders will be eliminated on 16 January 2015 after the market closes.

Please submit new GTD orders from 19 January 2015.

Should you require further clarification, please contact our eInvest Customer Service at 1-800-88-5288 or 04-263 0050.

Thank you.

Affin Hwang Investment Bank Berhad