What order types are supported by our trading platforms? 
Our platforms support:

Pre-opening Session
At-auction Limit Order (AL) ：
It is a limit order with a specified price for single price auction conducted during the pre-opening session. Unfilled at-auction limit orders will be converted to limit orders at the input limit price and carried forward to the continuous trading session.

Continuous Trading Session
Enhanced Limit Order (E) :
An enhanced limit order will allow the matching of up to 10 price queues (i.e. the best price queue and up to the 10th queue at nine spreads away) at a time provided that the traded price is not worse than the input price. The sell order input price cannot be made at a price of 10 spreads (or more) below the current bid price whereas the buy order input price cannot be made at a price of 10 spreads (or more) above the current asking price.

Any outstanding enhanced limit order will be treated as a limit order and placed in the price queue of the input price.

For Cash A/C, should I have sufficient funds before placing a new order?
Yes. Sufficient funds are required for placing an order.

For Margin A/C, should I have sufficient funds before placing a new order?
Yes and no. For margin accounts, in addition to the net cash balance, your purchasing power is based on the stocks’ marginable value and your available loan. Margin clients may refer to the "Avail. Purchase" and "Avail. Loan" of the trading platform.

Avail. Purchase = Net Cash Balance + Marginable Value

Avail. Loan = Loan Limit + Net Cash Balance

In general, clients may compare the value of Avail. Purchase and Avail. Loan. The lower value will be the maximum amount available to place a new order.

What is “Loan Limit” in a trading system?
Loan limit is the maximum amount that First Capital Securities Ltd. will lend to a client based on the marginable value of the client’s holdings. If the marginable value is less than the loan limit, then?

Avail. Loan = Marginable Value + Net Cash Balance

How do I look for margin financing ratio of listed stocks?
Customers may view our Stock Margin Loan Table or contact our Customer Services Hotline on (852) 3166 6832 for enquiries.

What is a Margin Call?
Cash Account
Hong Kong Exchange traded securities are required to be settled on T+2. Margin call will be applied if their accounts do not have sufficient fund for settlement on T+2 (settlement day).

Margin Account
Margin call is demanded if the portfolio marginable value falls below the amount borrowed. Clients are not allowed to make any new buy orders and withdrawals when they do not fulfill margin call requirement. Clients are required to make immediate cash deposits, deposit stocks or sell part of their portfolio to reduce exposure. If clients are unable to settle the margin call in a timely manner, forced liquidation may be applied.

When can deposited fund be available for stocks trade?
Cash Transfer
The pay-in slip (client name and account no. clearly written) can be faxed to our Company on (852) 3166 6820 or we can be contacted on (852) 3166 6832 for confirmation of cash received.

Clients can trade within 30 minutes after confirmation.

Cheque
Payment by cheque is accepted in person at our headquarters and bank(s) or by cheque deposit machines. Please retain the pay-in slip for reference. Deposited fund will be updated after the cheque is cleared.

If you have a question that is not covered in the "FAQ" section, please contact customer service on (852) 3166 6832 or by email via  cs@fcsec.com.hk