|Reasons for order rejection||Description|
|Exceed trading limit||The client's order will be rejected if there is an insufficient trading limit. For clients who wish to revise the trading limit, please contact your account executive.|
|Exceed maximum trading size||The maximum trading size is 3,000 lots per order for trading HK Shares and 1 million shares for trading A Shares.|
|Short-sell order or Invalid stock holding||Clients' account must have valid stock holdings before selling. UTRADE Online Trading Platform does not allow clients to short sell.|
|Confirm Price Warning||The following prompt appears on trading platform if any deviation from 20 prices feed.
In the fast-moving market, the time of input order could have possibly coincided with the time when the day's high / low was reached and the price was never hit again.
The price feed provided from trading system / information vendors are the prices for all exchanges. In addition, orders placed on UTRADE are only directed to the three major exchanges ie. NYSE, NASDAQ and AMEX. In some rare circumstances, if Day's High / Low are executed outside these three major exchanges, it could happen that the order price never reached the Day's High / Low quoted, and hence the Market Order was not successfully executed.
|Trading Days||Non-trading Days|
|Summer Time||HKT 4:00am - 4:30am on trading days||HKT 4:00am (Sat) - 4:00am (Mon); & US public holidays|
|Winter Time||HKT 5:00am - 5:30am on trading days||HKT 5:00am (Sat) - 5:00am (Mon); & US public holidays|