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Securities Market
CCASS Tariff

Updated: 21 February 2004

III. CCASS Depository Services
Fee Nature Transaction Nature Fee Amount
Stock deposit fee Deposit of eligible securities into CCASS Depository Nil
Stock withdrawal fee Withdrawal of registered eligible securities. Not applicable to foreign securities $3.50 per board lot. Odd lots also charged at $3.50 each
Withdrawal of other non-eligible securities, including discontinued eligible securities (e.g. expired warrants), uncertificated or delisted bearer securities and securities entitlements which are not eligible securities. Not applicable to foreign securities $1 per board lot for registered securities or $1 per certificate for bearer securities. Odd lots also charged at $1 each
Withdrawal of eligible bearer debt securities. Not applicable to foreign securities $100 per certificate
Withdrawal of foreign securities and securities entitlements accruing from foreign securities which do not constitute eligible securities $600 per instruction plus out-of-pocket expenses incurred by Hongkong Clearing
Stock custody fee Safe-keeping of registered securities held in CCASS Depository. Not applicable to foreign securities $0.012 per board lot per month subject to a maximum of $100,000 per month per participant. Odd lots also charged at $0.012 each (Fee calculated on aggregate month-end stock quantity balances in stock accounts of each participant)
Safe-keeping of bearer debt securities, EFN and specified instruments held in CCASS Depository. Not applicable to foreign securities 0.012% per annum on nominal value calculated on a daily basis, subject to a maximum of $300,000 per month per participant (fee calculated on aggregate daily balance of nominal values of bearer debt securities, EFN and / or specified instruments in stock account of each participant)
Stock maintenance fee For foreign securities only $0.25 per 100 shares or balance of less than 100 shares ( fee calculated on the daily average stock balance of foreign securities and payable monthly. No stock custody fee will be charged)
Stock segregated accounts with statement service fee Statements of daily stock movements and monthly balances of a segregated account will be sent directly to a person nominated by a CCASS participant $10 per month per account