View and trade in Bursa Malaysia Equities using our integrated online features and services.
eDirect Cash
eDirect Cash is an online trading account specifically designed for individual clients who wish to trade in shares purely on cash upfront basis to enjoy a special low brokerage fee.
Why eDirect Cash?
No Minimum Deposit Required
Client can deposit any cash amount upfront based on trading needs before any purchase is made.
Special brokerage rate of 0.05%
on trade value, minimum RM8 per contract (amalgamated) for online trades
Trade local & Foreign
Trade in shares listed on Bursa Malaysia and Recognized Foreign Exchanges
Product Disclosure Sheet
Fees Schedule
- Stamp duties : RM1.00 for every RM1,000 (or fractional part) of the transaction value of any marketable securities, maximum RM1,000
- Stamp duty rebate is subjected to Terms & Conditions Apply.
- Subsidiary agreement – Nominal (RM10.00 each)CDS Opening fee : RM10.00 (8% of service Tax applicable)
| Features | eDirect(Cash Upfront) |
| Brokerage | 0.05% Min RM8 |
| Trust Account Interest | 2.15% |
| Trading Limit | 0.99X for cash |
| Settlement Basis | Amalgamated |
Collateralised Trading
eDirect Cash is an online trading account specifically designed for individual clients who wish to trade in shares purely on cash upfront basis to enjoy a special low brokerage fee.
Why CTA?
Boosted Investment Power
Trading limit extended to you shall be 2 times your collateral value for pledged share with capping and 3 times for pledged cash. T
Lowered Opportunity Cost
The flexibility of having a higher trading limit lets you seize the day first and settle the trade later on settlement date,
Automatic Settlement
Purchase and sale contracts will be settled, and your account will be debited and credited automatically in the morning of T+2.
Product Disclosure Sheet
Fees Schedule
- Stamp duties : RM1.00 for every RM1,000 (or fractional part) of the transaction value of any marketable securities, maximum RM1,000
- Stamp duty rebate is subjected to Terms & Conditions Apply.
- Subsidiary agreement – Nominal (RM10.00 each)CDS Opening fee : RM10.00 (8% of service Tax applicable)
| Features | Collateralised Trading |
| Brokerage |
< RM100k 0.6% @ > RM100k 0.3% Min RM40 for offline trade < RM100k 0.4% @> RM100k 0.2% Min RM28 For online trade |
| Trust Account Interest | 2.60% |
| Trading Limit | 3X for cash2X (Share Capping) for share |
| Settlement Basis | - |
Note: Intraday- 0.15% min RM40 for Offline Trade 0.15%min RM28 for Online Trade.
Intra Day Short Selling (IDSS)
IDSS allows eligible clients to sell securities first and buy the same securities later. All sell positions MUST BE CLOSED OFF with buy positions within the same trading day itself. IDSS can be carried out by way of On-Market Transaction for Main board only.
Why IDSS?
Flexibility
IDSS allows eligible clients to sell securities first and buy the same securities later.
Convenience
IDSS order can be executed online via trading platforms
Eligibility
1. Clients are required to open a designated trading account for IDSS trading in the name of Amsec Nominees (Tempatan/Asing) Sdn Bhd
2. Clients must have an active Personal Trading Account with AmInvestment Bank Bhd (‘the Bank’)Clients are required to comply with the prescribeddealer’s representative terms and conditions and requirements set out by the Bank.
* For more information, kindly contact our dealer’s representative or remisier
Documents Required
All clients will be required to complete the following documentations prior to participating in IDSS:
a) Terms and Conditions for Intraday Short Selling that covers:
i. The SBL terms with the Bank to borrow Eligible Securities or purchase ISSBNT Eligible Securities to settle potential failed trades in the event any IDSS executed by the Client are not closed out by the end of the day.
ii. The IDSS risk disclosure statement.
iii. the written declaration from the Client that he/she/they fully understand the IDSS requirements in accordance with Bursa rules and that the Client is not associated with the body corporate that issued or made available the Approved Securities to which the IDSS is to be entered.
iv. Client’s acceptance of the salient terms and conditions set-out by the Bank for trading IDSS with the Bank.
b) Account Application Forms and all the required supporting documents (applicable to new clients only) / Updating form (applicable to existing clients only)
c) Nominees Agreement (where applicable).
*Once eligibility criteria are met and approved, the Bank will open a designated IDSS trading and a CDS account for the client to trade IDSS.
Fees Schedule (Equities)
- Fees for cost of borrowing securities for purpose of IDSS settlement
| Processing Fee | RM150.00 per matched borrowing |
| Borrowing fees | 3.00% of the borrowed securities value per matched borrowing / per annum (daily calculated) with minimum of RM50.00 |