For DBS Treasures customers, if you failed to maintain HKD1,000,000 monthly average account balance, you will be charged maintenance fee HKD 200 per month. For TPC customers, if you failed to maintain HKD8,000,000 monthly average account balance, you will be charged maintenance fee HKD 400 per month.
You need to take a long, hard look at your current and future financial situation before you take on any new debt. As part of this analysis, you should look at your debt ratio and set a realistic budget for debt repayment. Many experts recommend that no more than 40% of your monthly income should go to paying all debts, including mortgage payments.
You can place an ALO during the Pre-opening Session and CAS, with a specified price. It may be matched in price and time priority at the final Indicative Equilibrium Price (IEP)* and Indicative Equilibrium Volume (IEV)**.
An ELO allows matching of up to ten price queues at a time. An ELO's ask order price can be entered at 9 spreads lower than the current bid, or the bid order price can be entered at 9 spreads higher than the current ask price. Any unfilled ELO will be stored in the system as a normal Limit Order at the input order price for queuing.