Activate the U.S. stock trading service now to enjoy a first 3-month buy brokerage fee waiver*.
*Please refer to ‘Terms and Conditions’ for details.
Activate the U.S. stock trading service now to enjoy a first 3-month buy brokerage fee waiver*.
*Please refer to ‘Terms and Conditions’ for details.
Note: Please seek your own independent professional advice for filling out the W form and the NYSE Market Data Agreement where necessary.
Log on to HSBC Business Internet Banking to manage your U.S. stock portfolio.
J5. US Securities Services
Item | Charge |
---|---|
Buying and Selling | |
Brokerage Fee | |
Trading through Business Internet Banking | USD20 per transaction (flat fee) |
Trading through branches | USD50 per transaction (flat fee) |
Fees charged and payable to third parties | |
SEC fee (for sell transaction only) | 0.0008%10 of transaction amount |
French Financial Transaction Tax (FTT) | 0.30% of the purchase amount for French Companies listed in US and eligible for FTT |
Italian Financial Transaction Tax (IFTT) | 0.10% on the net settlement amount |
Spanish Financial Transaction Tax (SFTT) | 0.20% on the net settlement amount |
Custody services | |
Account maintenance fee5 | HK$ 150 |
Nominee Services | |
Collection of dividends and other corporation actions | Waived11 |
Finnish dividend withholding tax payments | If you are a Finnish tax resident investor with Finnish stock holding receiving Finnish dividend payments, we will apply 50% Finnish withholding tax according to Finnish tax regulations. |
Scrip handling and settlement-related services | |
Receipt | Waived11 |
American Depository Receipt (ADR) Fee | USD0.01-0.05 per share12 |
Online information services | |
Online Real-time quote | Free quote entitlement per month |
5. The fee applies to all business integrated investment accounts and business investments accounts, and is due and payable in June and December every year on a day determined by the Bank from time to time. If that day falls on the 1st day of the month and is not a business day, the fee may be collected on the business day in May and November which immediately precedes that day, subject to the decision of the Bank. The fee is payable upon closure of accounts where the account is closed before the said payment dates.
10. SEC fee is subject to review by U.S. Securities Commission (SEC) from time to time.
11. Customers will need to pay if there is any out of pocket cost incurred.
12. Customer holding ADRs may be charged ADR fee regularly (e.g. annually) by the Depository Receipts Agent through HSBC. Fees will be automatically deducted from your HSBC Integrated Account(s) and shown on your statement(s) as "ADR fee". ADR fee is subject to the final confirmation from the Depository Receipts Agent and the captioned price range is for reference only.
13. All unused quotes will not be carried forward.
14. The fee incurred will be debited from your designated or default charge account on the 4th/5th working day of the following month, and is payable upon closure of accounts where the account is closed before the payment date.
The information shown is based on data obtained from sources believed to be reliable but the Bank and the concerned Information Provider(s) make no representation and accept no responsibility as to its accuracy or completeness and shall not be held liable for damages arising out of or in connection with any person's reliance upon this information. This information is neither a recommendation, an offer to sell nor solicitation of an offer to purchase any investment. The prices quoted and the other information shown are for reference only and are subject to change without notice.
The Bank does not provide investment advice. Investment involves risk. The price of stocks may move up or down. Losses may be incurred as well as profit made as a result of buying and selling stocks. Full details of the terms and conditions of the above services are available on request.
This document does not constitute an offer for the purchase or sale of any investment products. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and circumstances.
Risk disclosure:
Investment involves risk. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. The price of securities may move up or down. Losses may be incurred as well as profits made as a result of buying and selling securities.
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