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How do I calculate the monthly real-time quote service fee payable?

April 26, 2017CALCULATE fee Payable Quote real-time service

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How do I calculate the monthly real-time quote service fee payable?

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The cases below assume a customer has an Integrated Account with a securities account. The calculation is for reference only. Case 1 In April, your real-time quote usage is 500. You have traded twice and your total turnover is HKD180,000 within the same month. Based on turnover, you can enjoy a higher number of additional free real-time quotes, i.e. 600. Therefore, together with the basic free entitlement of 500, you will have 1,100 free real-time quotes (500 + 600) and do not need to pay any charges. Case 2 In May, you have used 2,000 real-time quotes and have not engaged in any trading. Your basic entitlement of free quotes is 500. Therefore, you need to pay HKD75 for the 1,500 chargeable quotes, i.e. HKD0.05 x 1500 quotes.