Dear i*Trade@CIMB valued customers,
Please be informed that with effect from 01 September 2018, the amalgamation of contract for US markets will be discontinued. In other words, trades for the same trading day, for same stocks, with same traded currency and same action (e.g. buy action amalgamate with another buy action) will not be amalgamated.
How Does Non-Amalgamation of US Contract Work?
1) If you placed 10 orders and all 10 orders are done, there will be 10 separate contracts with commission charged on each trade.
2) However, if you placed 1 order and the order was filled partially more than once, then the contract will display the average price for this trade in one contract.
For more information regarding US Trading, kindly refer to our FAQ at www.itradecimb.com.my.
Should you have any enquiries, please do not hesitate to contact your Dealer’s Representative or Authorised Officer of CIMB Bank Berhad.
Thank you for your continuous support.
Yours sincerely,
CIMB Investment Bank Berhad (18417-M)
(A Participating Organisation of Bursa Malaysia Securities Berhad)