Questions & Answers

1. What is eDirect?
It is an online package specifically designed for individual customers. This package consists of a mixture of online share trading with cash upfront* and/or shares as collateral**. *0.035% or minimum RM6 per order (whichever is higher) ** 0.35% or minimum RM12 Shares collateral Pledging shares in exchange for more trading limit. Cash Upfront Deposit cash in trading account before purchasing. Non cash upfront Using shares collateral limit to trade.

2. Is the min RM6 rate ongoing or only valid for a certain period?
The RM6 is an ongoing rate until further notice.

3. What is my trading limit in eDirect?

eDirect Cash Upfront Shares Collateral* Trading Limit 1 time 1 time (capped value)

*Brokerage = 0.35% or minimum RM12

4. What is the interest rate?

0.5%* for cash balance above RM2,000. *Interest rate is now fixed at 0.5%. However, the management may revise the rate subject to its discretion.

5. Is there any minimum deposit required?

No, there is no minimum deposit sum required.

6. Which market can I trade in?

The rates of 0.035% or RM6 is only applicable to BURSA Malaysia traded shares.

7. Can I still call a dealer/remisier to place my order?

Yes you can but please note that the brokerage rate of 0.6% or RM40 is applicable for dealer/remisier executed orders.

8. When will the trading limit assign to me if I bank-in using cheque?

The trading limit will be credited into your account once your cheque/funds have been cleared. Normally, within 3 working days.

9. If I am using both cash and share collaterals limit for my trading, what will be the brokerage?
The standard rate of 0.035%, min RM6 is applied but in the event of insufficient funds, a noncash upfront rate 0.35%, min RM12 will apply.

10. If I trade the same counter more than once in a day with cash upfront, what are the brokerage
charges? There is no amalgamation of brokerage for the same counter. Brokerage of 0.035%, min RM6 will be imposed on a per order basis.

11. How can I view my cash balance online in order to attain cash upfront?
In the AmeSecurities website, go to Report Tab>Client Summary Cash Balance = O/S Credit notes + Trust Money O/S Purchase Contracts (Due and Not Due).

12. Are there any contra charges for my shares that are collateralized trading?
Contra Service Charges of 12% per annum will be imposed on balance purchase contract that is not sufficiently covered by deposit/trust at 12% p.a. for sales that are done from T+2 onwards. Please refer to this PDS http://www.ambankgroup.com/en/Promotions/Other/Documents/eDirect/Product_Disclosure %20-%20eDirect18May.pdf , Appendix 2 for illustrations on contra service charges.

13. If I were to key in a GTD buy/sell order and it is being filled throughout different days, what is
the brokerage charged? It will be charged as 1 order per day. For example, the order was done throughout 3 days, then there will be 3 contracts generated for the respective days.

14. After selling my shares, when can I withdraw my money?

You can withdraw the funds when the sales proceeds are credited into your trading account on T+3 morning.