Securities Club

A World of Superior Securities Club Privileges

Gain the ultimate edge in investing in Nanyang Commercial Bank’s (“NCB”) Securities Club. NCB’s unique infusion of extensive branch network, reliable financial transaction platform and dedicated securities trading services empower you with superior privileges to make you an investing star.

The Club comprises four tiers of membership, namely Diamond Star, Gold Star, Silver Star and Bright Star. Customers who maintain securities accounts with NCB will automatically become Bright Star members of the Club and their membership can be upgraded to Diamond Star, Gold Star and Silver Star to enjoy professional securities services and privileges upon fulfilling the specific requirements of accumulated securities transaction amount or Investment Assets Value.

Preferential securities trading service charge

Preferential securities service charge allows you to reduce transaction cost.

Securities Services Charges(Local Securities)
The following charges are calculated and charged according to the transaction currency

Membership tiers of the Club	Diamond Star	Gold Star	Silver Star	Bright Star
Brokerage Fees(HKD/RMB) Trading through automated trading channels Trading through branches / manned trading hotline	0.18% 0.25%	0.20% 0.28%	0.23% 0.40%	0.25% 0.50%
	Minimum charge HK$/RMB100
Safe Custody Fee (Half-yearly) (HKD)	Waived	HK$100	HK$150	HK$150

Please refer to the below required accumulated securities transaction amount and Investment Assets Value.
Brokerage fees are applicable to securities listed on Hong Kong Exchanges and Clearing Limited and calculated on the basis of transaction amount per trade.
Automated trading channels include Internet Banking, Mobile Banking and Automated Stock Trading Hotline.
Charges for specific services and out-of-pocket expenses may not be listed in the above table. For details, please contact the staff of NCB.
The above charges are for reference only. NCB reserves the right to revise the service fee from time to time.

For details of other securities service charges , please contact our staff.
Securities service charges

Exclusive Privileges

Exclusive investment seminar

To help you broaden the investment horizon, we will organize investment seminar from time to time. Our investment critics and experts will share with you their professional knowledge and market insights.

NCB exclusive events

Diamond Star and Gold Star members will be given priority to participate in a host of leisure and value-added activities to accentuate the distinct identity.

NCB Wealth Management monthly service fee waiver

To truly reflect the superior membership status, Diamond Star members who take up new NCB Wealth Management service can enjoy monthly service fee waiver offer and a wide array of professional financial services.

Making You An Investing Star

Mechanics of Securities Club Membership

A membership period lasts for 12 months starting from the securities account opening date or the next business day after the last review date of membership status. Your membership status will be determined according to the accumulated securities transaction amount or Investment Assets Value of your same-name securities accounts and securities margin accounts. The higher the accumulated securities transaction amount or the higher Investment Assets Value, the higher the membership status.

Membership tier	Required accumulated securities transaction amount^# or Required Investment Assets Value^{^} in each membership period
Diamond Star	HK$30 million or above
Gold Star	HK$3 million or above to below HK$30 million
Silver Star	HK$300,000 or above to below HK$3 million
Bright Star	Below HK$300,000

^#Accumulated securities transactions include buying and selling of local securities (including securities settled in Hong Kong Dollar and non-Hong Kong Dollar), Shanghai A shares, IPO subscription or IPO financing through yellow form application with shares successfully allotted and contributions of the Monthly Stocks Savings Plan.

^{^}Investment Assets Value includes the value of the following investment items under the customer’s name (sole-name account and joint-name account will be calculated separately) in the prevailing month: the average amount of the total day-end balance of Securities, Securities Margin, Bonds, Certificate of Deposit, Funds, Structured Notes, Equity Linked Investments, Currency Linked Investments, Structured Investments, Investment Deposit, Precious Metal / FX Margin, Precious Metals. The Bank will calculate the daily market value according to the features of investment products. Unsettled bought quantities of the stock are excluded while securities collaterals are included. Actual monthly calculation period starts from the last business day of the previous month to the day before last business day of the prevailing month.

During the membership period, when your accumulated securities transaction amount or Investment Assets Value fulfils the designated requirement, your membership will be upgraded on the first day of the following month which in turn entitles you to more privileges. If neither your accumulated securities transaction amount nor Investment Assets Value fulfils the requirements of your membership status when your membership expires, your membership will be downgraded accordingly.

The accumulated securities transaction amount will be reset upon granting of new membership or expiry of existing membership.

Simulated Scenario

Remarks: The below scenario is a simulated scenario to further describe the Club. It shall not constitute as providing any offer, solicitation or recommendation to the purchase or sale of any investment product or service.

Scenario 1: example on membership upgrade

Assume Mr. Chan

Is a Silver Star member on 1 February 2014 and the next membership review date is 31 January 2015

Accumulates the securities transaction amount of HK$3.2 million during the period from 1 February 2014 to 30 April 2014

Investment Assets Value reaches HK$32 million in April 2014

Mr. Chan’s accumulated securities transaction amount in the first three months has reached the requirement of Gold Star tier (i.e. HK$3 million). And his Investment Assets Value has even reached the requirement of Diamond Star tier (i.e. HK$30 million). Therefore, Mr. Chan can be upgraded to Diamond Star tier from 1 May 2014 onwards.

Scenario 2: example on unchanged membership

Assume Mr. Lee

Is a Gold Star member on 1 February 2014 and the next membership review date is 31 January 2015

Accumulates the securities transaction amount of HK$2 million during the period from 1 February 2014 to 31 January 2015

Investment Assets Value reaches HK$3.5 million in January 2015

Although Mr. Lee’ s accumulated securities transaction amount during the membership period has not reached the requirement of Gold Star tier (i.e. HK$3 million), his Investment Assets Value in the membership review month (January 2015) has reached the requirement for Gold Star tier (i.e. HK$3 million). Therefore, Mr. Lee can retain his Gold Star membership from 1 February 2015 onwards.

Scenario 3: membership downgrade example

Assume Ms. Wong

Is a Gold Star member on 1 February 2014 and the next membership review date is 31 January 2015

Accumulates the securities transaction amount of HK$500,000 during the period from 1 February 2014 to 31 January 2015

Maintains Investment Assets Value of HK$1 million in January 2015

Ms. Wong’s accumulated securities transaction amount during the membership period has not reached the requirement of Gold Star tier (i.e. HK$3 million). Moreover, her Investment Assets Value in the membership review month (January 2015) has not reached the requirement for Gold Star tier (i.e. HK$3 million). Therefore, Ms. Wong will be downgraded to Silver Star tier from 1 February 2015 onwards.

Enquire accumulated securities transaction amount and membership status with ease

You can readily access your membership information through the monthly statements of securities accounts and those of integrated accounts or via NCB Internet Banking:

Visit www.ncb.com.hk > Login to Internet Banking > Assistance > Securities Club

Terms and Conditions of the “Securities Club”

Important Notice

Risk Disclosure

The following risk disclosure statements cannot disclose all the risks involved. You should undertake your own research and study before you trade or invest. You should carefully consider whether trading or investment is suitable in light of your own financial position and investment objectives. You are advised to seek independent financial and professional advice before you trade or invest. You should seek independent professional advice if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment.

Risk Disclosure of Securities Trading

The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.