Updated 02 January 2014 Trader Platform Guide CFD Hotline CFD Dealing Fax Email Website : 6536 2000 (ext 6160 - 6163) : 6536 0002 : 6226 3682 : [email protected] : www.kecfd.com How to access Maybank KE CFD website Web Address: www.kecfd.com Login Panel User ID - eg. KE0XXXXXX (where XXXXXX is your client’s account number, “0” = zero) Password is case sensitive Click “Login” button Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 1 Updated 02 January 2014 The CFD Platform has 4 main Tab Placement at the top. (Portfolio|Watchlist|Orders|Analytics) 4 Main Tab Placements Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 2 Updated 02 January 2014 1) Tab 1 – PORTFOLIO See account balance and all open positions. Your portfolio is marked to market real time – this means all profits and losses are reflected live. The margin table will show the list of CFD counters. Margin Table Funds in account Counter name and code Current volume held for outstanding positions Historical Price per share at the end of previous trading day o -ve value refers to open Short Position o +ve value refers to open Long Position o Zero value refers to either no position or closed position Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 3 Updated 02 January 2014 a) Funds in account Gross Liquidation Value (GLV) = the amount of money you would have in your CFD account if you were to close out all live positions at current market prices, less any transaction charges and adjustments. Initial Margin (IM) = amount used to open CFD positions. E.g. 10% of contract value. Free Equity = the amount of money you have left to open new CFD positions. Any deficit in Free Equity will result in a margin call the next day. GLV = IM + FE Initial Margin Used % = the percentage of funds client has used to open positions = IM / GLV Above 100%, the client is in margin call. If Initial Margin Used % ≥105%, client has 2 working days to satisfy the margin call. If Initial Margin Used % ≥125%, client has 1 working day to satisfy the margin call. TR to force sell if margin call is not met. Maybank KE CFD reserves the right to liquidate client’s positions to meet the call and bring margin utilization to < 100%. Gross Exposure = the total value of client positions b) Configuring column heading layout (applies to all other functions) Rearranging the column sequence: Left click mouse cursor on selected column heading, hold mouse click and drag to preferred sequence position Hiding irrelevant column headings: Right click mouse cursor on column heading and select “Hide xxx” from the top row of the list. (xxx: Name of column) Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 4 Updated 02 January 2014 c) Margin Table Click on column heading to sort the contents. Eg in alphabetical order or ascending/descending order Step 3: Select choice of market then click “Search” This shows you the list of counters available on Maybank KE CFD, the initial margin % of each counter, and whether they are shortable or not. This list is updated live daily. Step 2: Click “Margin Table” Step 1: Check “CFD Tab” is selected To access the Margin Table, ensure that the “CFD tab” is reflected in the funds summary section, click “Margin Table”. From the Margin Table dialog box. You may search by Security Code, Description or Exchange. To view counters listed from a specific market exchange. Click the drop down list from “Exchange” on top right corner, and select the market. Eg. Singapore Market is “SGX” and Hong Kong Market is “HKE”. Click “Search” to view the list. Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 5 Updated 02 January 2014 2) Tab 2 - WATCHLIST Click “N” for navigator to search for counters Updates changes to existing watchlist Clears the watchlist Saves new watchlist To retrieve customised Watchlist: Maximum 5 watchlists Default System Watchlist: “SGX 50” for Singapore market Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 6 Updated 02 January 2014 The watchlist is where customised watchlists (maximum 5) are created. The default watchlist is the “SGX 50” (SGX Top 50 by Market Cap) list from the “System Watchlist” section. Up to 5 customised watchlists may be created and they will appear in the “User Watchlist” section. Buy/Sell orders may be created from the watchlist. a) Creating Customised Watchlist To create a new watchlist:Step 1: Click the “Clear” button. To clear counters from the existing view list. Step 2: Click the “N” button to search for counters. Navigator dialog box appears. Step 3 Step 4 Step 5 Step 6 Step 3: Select choice of exchange (Optional to filter search) Step 4: Enter Security Name or Code. Click “Search” button Step 5: Select choice of security with mouse cursor. Selected counter will be highlighted in yellow. Step 6: Click “OK” (Alternative method: Double click on selected counter) Step 7: Repeat earlier steps until desired counters are added to watchlist Step 8: Click “Save As”. Enter name of the new watchlist when prompted. TIP: Start with the default watchlist, SGX 50, to remove and add in counters if most of those shortlisted counters for customised watchlist are already present. Then save the final list. Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 7 Updated 02 January 2014 b) Creating Buy/Sell Orders Step 1: Right click a counter from the Watchlist window. Select “Create Buy Order” or “Create Sell Order”. Order ticket appears. (Shortcut Key: Left click on Bid Price Î Sell ticket, Left click on Ask Price Î Buy ticket) Buy/Sell Order Description Client’s Account Code 1 Lot = 1000 shares Enter Volume in number of shares and Price in dollars and cents Short selling availability Yes (Y) / No (N) Check against available Free Equity Order Command Buy / Sell button Step 2: Check client’s account code. Last selected account from the PORTFOLIO window will be the default account that appears. Step 3: Enter price and volume of trade Step 4: Click on Order Command Button (Buy or Sell) Step 5: A confirmation window will appear prompting to confirm that the order ticket is correct. If correct click “OK”. Step 6: Check from the Order Pad (Tab 3 – Orders) if your order is successful. Orders may fail due to invalid orders. Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 8 Updated 02 January 2014 3) Tab 3 - ORDERS Order Volume and Price Done Volume and Price Action Status Description: Order status comments Action State “ACTIVE” – Active Order “INACTIVE” – Inactive Order Action Status “OK” – Order Successful “FAILED” – Order Failed Refer to “ActStatDescription” column for failed order comments Buy or Sell Remaining Volume Amend Price and Volume Withdraw order Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 9 Updated 02 January 2014 This window shows the order status of your trades. a) Action Status If the Action Status of your order is: “OK”: Order is successfully in the market “FAILED”: Order has failed to reach the market. Refer below for common failed orders description. “AUTHORISING”: Order is entered during non-market hours or exceeded the Fat Finger Limit (value > SGD 300k) b) Common failed orders descriptions i) Security cannot be short sold (Meaning: Counter not shortable or scrips not loaded. Call CFD Desk to check) ii) Insufficient free equity shortfall of $xxx (Meaning: Client has insufficient free equity for the order placed, recommend to top up more funds or reduce order volume to within free equity limit. iii) Security cannot currently be short sold as the master maximum short sell limit would be exceeded. (Meaning: Intended short sell volume is more than available. Call CFD Desk to source for more scrips to borrow) c) Amend & Deleting an Order To amend or delete, right click the counter from Order Status window and select ‘Amend Order’ or ‘Delete Order’. Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 10 Updated 02 January 2014 Broadcast: To display a code in all open commands. Eg. Type “G13” Î “Enter” Key for Genting SP 4) Tab 4 - Analytics Drawing Toolbar Options Navigator Add Indicator Clear Chart Time & Sales Course of Sales is a tabular history of trades for a given security on a given day. Chart Analysis Security Information Details the basic information required to evaluate a company's financial position for investment purposes Trade Analysis command displays a breakdown of trading across the different price levels traded for a Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 11 Updated 02 January 2014 Various analytic tools Tips: Right click on any of the tool, select “Broadcast” to present the analytic information of similar counter in view. a) Chart To view the chart of a counter, click “N” button for Navigator to search for counter. Saving Charts: Click “Options” Î “Saved Charts” Î “Export Chart”. You will be prompted to save the chart as a file. It may be saved to local drive or external drive (eg. Thumb drive). To retrieve saved charts: Click Click “Options” Î “Saved Charts” Î “Import Chart”. Select file to be opened from previous saved location. b) Trade Analysis Volume done at individual traded price Volume weighted average price Histogram presentation for easy viewing c) Course of Sales Time and Sales of historical trades of the day d) Security Information Basic information of the Company’s financial position 5) Logging Off (Important – Ensure proper log off) Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 12 Updated 02 January 2014 Contingent Orders Contingent Orders (COs) are for sophisticated traders who wish to set up a trade to enter or exist a position only if a certain price level has been reached. All COs are Good Till Cancel (GTC) and will remain active until the order is triggered or if cancelled by the trader. If a CO has been triggered, the order will be sent into the market. If the order is not done by the end of the day, it will be purged from the system (Triggered Orders are GOOD FOR DAY). All COs are not guaranteed. If there is a gap down / up in the share price, your order may not trigger. There are many kinds of COs – FIXED CO which is a straightforward order to either enter or exit a position (Take Profit or Stop Loss), OCO (One cancels other) where the Take Profit and Stop Loss are linked and one will cancel the other if either is reached, IF DONE where you can set up to enter a position and subsequently set up the Take Profit and/or Stop Loss levels for this position. Please call the CFD Trading Desk at 6536 2000 if you would like guidance on how to place a CO. IF DONE: Opening the position You decide Capitaland is undervalued. It is currently trading at $2.52. You only want to buy 10,000 share CFDs if it reaches $2.50 and below, and if this trade is done, to set up a Take Profit or Stop Loss level. Setting up an IF DONE order: Create a Buy Order: a) Buy 10,000 Capitaland at $2.50. Your order will be in the queue. Go a step further and select the IF DONE function. This will allow you to set up a Take Profit and Stop Loss trade as well. This is a OCO (one cancels other), meaning if the Take Profit level is reached, the Stop Loss trade is auto cancelled, vice versa. You will be prompted to enter the Stop Loss and Take Profit levels: b) Stop loss - If Capitaland reaches a last done price LESS THAN OR EQUAL to $2.40 (this is the trigger price), SELL 10,000 at limit $2.39 (this is your order price. The system will sell for you at the best price of $2.40, and until your limit of $2.39 is reached. Of course, you can specify your limit price as $2.40 too.) c) Take profit - If Capitaland reaches a last done price GREATER THAN OR EQUAL to $2.60, sell Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 13 Updated 02 January 2014 10,000 at limit $2.60 This is how your Order Ticket should look like: SELL 10 lots at $2.60 TRIGGER: Greater than or equal to Take Profit Entry of initial order BUY Capitaland 10 lots at $2.50 Stop Loss TRIGGER: Less than or equal to SELL 10 lots at $2.39 Disclaimer: This illustration is provided strictly for presentation purposes and should not be construed as a solicitation or offer to buy or sell any securities, derivatives or financial products, an official confirmation of any transaction, or as an official statement of Maybank Kim Eng Securities. Off” Maybank Kim Eng Securities Pte. Ltd. Copyright 2014 14