Trader Platform Guide

Transcription

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
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The CFD Platform has 4 main Tab Placement at the top. (Portfolio|Watchlist|Orders|Analytics)
4 Main Tab Placements
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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
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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)
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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.
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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
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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.
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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.
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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
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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’.
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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
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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)
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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
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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”
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