How to Enjoy Lowest Intraday Brokerage Rate Of 0.05% | Jupiter Securities Sdn Bhd
Jupiter Securities Sdn Bhd has lower the brokerage rate for intraday trades for online trading accounts.
You will automatically enjoy our low intraday brokerage rate of 0.05% with minimum of RM10 for online cash upfront account or minimum of RM12 for online collateralized account.
Best of all, you do not need to apply for this privilege rate.
This rate will be automatically granted to you when you trade intraday via online effective Friday, 23 July 2010.
Read more on Jupiter Securities: Profit From Just One Tick: Gimmick?
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For overnight (T+1 onwards) trades, you continue to enjoy our existing low online rates as well as continue to enjoy high interest rates on your Trust Money.
Jupiter Securities Sdn Bhd has revising upwards the interest rate on clients’ cash balance of equal or more than RM500,000 from 2.20% per annum to 2.35% per annum effective 21 July 2010.
With this adjustment, the interest rates on your Trust Account will be as follows:
DEPOSIT AMOUNT NEW INTEREST RATES
1) Deposit of equal or more than RM500,000 2.35% per annum
2) Deposit of equal or more than RM50,000 2.10% per annum
and less than RM500,000
3) Deposit of less than RM50,000 1.80% per annum
You can now trade intraday and make money.
Personally i dont really need Intraday Day rates at the lowest price because i don’t do Contra trading. Most of the stocks i pick are for medium and long term.
Just my 2 cents.
Apex expects e-trading to double its market share
KUALA LUMPUR: JF Apex Securities Bhd, which launched its new online trading programme yesterday, expects electronic trading (e-trading) to help double its market share to 4% by the year-end.
The programme, called eTrade On The Go, is aimed at encouraging youths to participate more actively in the stock market.
Apex deputy managing director Lim Teck Seng said that while e-trading was not new, the company planned to aggressively adopt online trading to increase its market share.
“We need to change from being a traditional brokerage and offer more advanced and savvy products before the full liberalisation of the brokerage sector,” he said.
Apex signed memoranda of understanding with three leading information technology players yesterday. The three IT firms are Acer Sales and Services Sdn Bhd, DiGi Telecommunications Bhd and Tejari Technology Bhd.
The one-year tie-up covers a series of nationwide roadshows to retain and re-activate existing investors and capture new investors via Apex’s online trading portal.
Lim said the company’s e-trading would only be available nationwide. “But in two months, it could be offered outside Malaysia. We are now in talks with potential brokerages in Hong Kong, Singapore and Thailand to provide online trading in local stocks,” he said, adding that e-trade contributed 30% to Apex’s bottom line.
Meanwhile, Bursa Malaysia chief executive officer Datuk Yusli Mohamed Yusoff said there was a lack of active participation in the stock market by young Malaysians, especially those aged under 40.
“There is a need to narrow the gap, not only from the standpoint of age but also the educational and understanding perspective of the stock market, to create a sustainable investor base,” he said at the launch of Apex’s new e-trading programme.
fr:biz.thestar.com.my/news/story.asp?file=/2010/9/23/business/7083726&sec=business