Online Equity Trading

Restrictions applied to your application for an Online Equity Trading account include, but are not limited to, the following:

• You are younger than 21 years of age at the point of application.
• You reside in a country of the European Economic Area (“EEA”). This restriction will extend to residents of the United Kingdom.
• You are a U.S. Resident, U.S. Citizen, or a U.S. Permanent Resident Card holder.
• You have an Australian/New Zealand residential address, mailing address or contact number.

If you are an existing Online Banking client but have not yet started using our Online Equity Trading Platform, you first need to open an Online Equity Trading Account in Online Banking, before you can start trading. After you have opened the account in through Online Banking you will also then be able to start trading on Online Equity Trading via the SC Mobile App.

In the Account Opening Journey please select the corresponding Currency settlement account you want to trade in. You can only Buy/Sell securities if you have designated settlement account through the currency of the market you want to trade in. Example: if you want to trade in US stock market you need to select USD currency settlement account.

Your Online Equity Trading account application, including the submission of the W-8BEN form required for US market trading access, may take up to 5 business days to process.

If you wish to trade in USA markets via the Standard Chartered Online Equity Trading platform, you will need to download and complete the W-8Ben Form  https://www.irs.gov/pub/irs-pdf/fw8ben.pdf” and submit it to your Relationship Manager or visit any of our branches https://www.sc.com/ae/atm-branch-locator/

The primary account holder to the Online Equity Trading account will be notified upon successful opening of the Trading account and settlements accounts via an email sent to the email address registered with the Bank.

Yes, you need to make sure you have sufficient funds on your currency settlement account before you start trading. You can do a FX transaction in SC Mobile or Online Banking with “Trade FX “or use your “Multi Currency account” to fund .

Online Equity Trading offers the following key features presented by the five icons – “Portfolio”, “Orders”, “Trade”, “Watchlist” and “More”:

• you can view your securities holdings of your securities account(s).
• you can filter your securities by region
• view your Profit & Loss.

Trade:

• you can place and amend your orders.
• the types of orders you can place are: Market Order, Limit Order, At-Auction, Enhanced Limit Order and Stop Loss Order.
• view your available Purchasing Power. (it is the funds available in your currency settlement account to purchase the security and it is derived from = available balance from settlement account + unsettled fund from sell – unsettled fund from buy – unsettled transaction fees).

EXAMPLE: Balance Settlement account = $10.000 + $ 2.500 (Sell trades) – $5.000 (Buy trades) – $15 (fees) = $7.485 purchasing power for your next trade

Orders:

• you can view your recent orders (latest 10 orders in last 5 days from today).

Watchlist:

• you can create and maintain your watchlist.
• create multiple watchlists, 20 stocks can be added in one watchlist.

More:

• create price alerts
• view major world market indices
• view terms and conditions
• view latest market news
• view top 20 movers for Ordinary Shares, Exchange Traded Funds
• change your settings

If you have Online Banking access and you have an Online Equity Trading account with us, you may access the Online Equity Trading platform via Online Banking on a web browser or, via the SC Mobile App

Access Online Equity Trading via Online Banking on a web browser:

• Access sc.com/ae
• Log in to Online Banking
• Move your Mouse mouse over ‘MENU’ in the top banner
• Click on ‘Online Equity Trading’ in the ‘Investments ’ section

Access Online Equity Trading via the SC Mobile Banking App:

• Log in to your SC Mobile app using your Online Banking login credentials
  Click on the in Hamburger Menu on the top left and click on ‘Online Equity Trading’

Yes, you can place an order in one channel and modify it in another, with some exceptions.

You will may receive an Email and/or SMS notification when your order is fully executed or partially executed. All order confirmation notifications are free of charges. (You can switch SMS on/off in Online Banking Online Equity Trading settings)

Please see the Online Equity Trading Fee Schedule for Online Equity Trading for brokerage rate and charges.

If you wish to trade in USA markets via the Standard Chartered Online Equity Trading platform, you will need to download and complete the W-8Ben Form  https://www.irs.gov/pub/irs-pdf/fw8ben.pdf” and submit it to your Relationship Manager or visit any of our branches https://www.sc.com/ae/atm-branch-locator/

You can also watch the “Guide on Price Adjustment to Shares” video in the getting started section on this web page

How to update the Average Price :

• Access Online Equity Trading via Online Banking through a web browser
• In the ‘My Holdings’ page, click on the respective securities blue button and select ‘Historical Transactions’ under the dropdown selection.
• You may update the corresponding ‘Average Filled Price’ field for non-trade transactions, marked as ‘Credit’ or ‘Debit’ under the ‘Channel’ column.
• Click ‘Save’* Once the new average price is saved, the system will automatically calculate the new indicative unrealized profit or loss.
• *(You can only change the average price of a security when the non-trade transaction’s value date is no longer than the past 3 months)