Hong Kong Stock Fixed vs. Tiered Pricing Comparison Examples

Tiered Cost Fixed Cost
SEHK
1,000 shares * HKD 50.00 per share IB Tiered Fee HKD 25.00
Exchange Fees HKD 2.825
Clearing Fees HKD 2.00
Total HKD 29.825 HKD 40.00
SEHKNTL
1,000 shares * CNH 50 per share IB Tiered Cost CNH 25 CNH 40
Exchange Handling Fee CNH 2.44 CNH 2.44
Exchange Security Management Fee CNH 1.00 CNH 1.00
Clearing Fee CNH 2.00 CNH 2.00
Total CNH 30.44 CNH 45.44

Notes:

  • Value tiers are applied based on monthly cumulative trade volume summed across all stock, warrants and ETF shares. This is calculated once daily, not at the time of the trade. As such, execution reductions will start the next trading day after the threshold has been exceeded. Only shares that are traded while under the Tiered pricing structure will count towards the monthly volume. Share volumes for advisor, institution, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport