Through BOOM, you could trade over 50,000 exchange-listed securities of 15 stock exchanges in 12 countries, including Hong Kong, US, Japan, Australia, Singapore, Malaysia, Thailand, Indonesia, the Philippines, South Korea, Taiwan, and China B-Shares.
To change or cancel your trading instruction, simply use the "Change" or "Cancel" function display next to the trading order found in the "Pending Orders" Section, then confirm your order by entering your Trading Keycode. Please note that only those remaining shares which have not been filled can be changed or cancelled.
Transactions may have been executed rapidly during trading hours, therefore your change or cancellation instructions are NOT guaranteed.
For US market, only the limit price and / or quantity can be amended while the Good Till Date cannot be changed after set. Please note that changing the limit price and / or quantity for a partially filled order will be treated as a new order and charged accordingly.
For Sell Stop-Limit Order, amendment is not allowed. If you want to modify a Sell Stop-Limit Order, you must cancel it first and then setup another order.
Any order(s) pending at the end of the Good Till Date will be cancelled by the system. This includes those orders, which have been partially filled by that time. The respective buying power will be credited back to your cash balance upon cancellation of pending buy orders. Unsold stocks will be reinstated to your portfolio upon cancellation of pending sell orders.
BOOM Mobile Trading Service is an operator-independent, browser-based mobile trading service. It allows you to access BOOM online trading platform through your mobile phone*. You can simply login to http://m.boom.com/ using the mobile web browser to enjoy convenient, easy and secured mobile trading service.
BOOM Mobile Trading Service is compatible with most common mobile operating systems and browsers (including iPhone's Safari and Android's default browser). However, clients should note that differences in system settings, mobile headset capacity or other factors of different types of handsets may lead to different display quality and affect the use of BOOM Mobile Trading service.
No. There is no extra fee will be charged for using BOOM Mobile Trading Service. You just pay the standard trading commissions and other pass-on charges (as stated on the Fees and Charges table) for securities trading via mobile.
However, you may incur data transmission fee for using Internet service via mobile phone. In addition, if you are using BOOM Mobile Trading Service outside your reside region or country, you will need to pay for extra data roaming charges. You should check with the relevant mobile operator about its data transmission fees and charges before using BOOM mobile trading service.
Yes. You can use BOOM Mobile Trading Service anytime, anywhere via your web-enabled mobile phone with Internet access.
Please note that, in addition to the data transmission fee, you may incur extra data roaming charges if you are using BOOM Mobile Trading Service outside your reside region or country. You should check with the relevant mobile operator about its data transmission fees and charges before using BOOM mobile trading service.
If you are not sure whether you have submitted or amended your order properly, check on the order status once the call is ended.
When you go back to BOOM Mobile Trading Service with your mobile web-browser, click ¡§Home¡¨ to go to the Main Menu. Click ¡§Order Status¡¨ to check the status if your orders are still in pending, or click ¡§Order History¡¨ to view the details of orders executed.
BOOM sends account notifications to you by email. If your email address is invalid, you will not be able to receive any of the important notices. In addition, you will need to pay the handling fee of HKD 10 for receiving Monthly Activity Statements by post.
You will receive a trade confirmation by email for each trade execution. In addition, we will send you a Daily Activity Statement (also serves as contract note) on the following business day with a summary of your trading activities of the day.
Being environmental friendly, we issue Daily Activity Statement as a replacement for individual contract note. All your trading activities in a particular day will be stated in the Daily Activity Statement. It will be sent to you on the next business day after trade execution.
The details of your executed orders, including the executed price, quantity and the breakdown of pass-on charges, will be showed under the "Today Activity" section in the Daily Activity Statement.
Daily Activity Statements will be generated whenever there are account activities. However, we will only send you Daily Activity Statement after you have a buy/sell order executed. Therefore, if you only have non-trading activities (such as funds deposit / withdrawal) on a particular day, you will not receive any Daily Activity Statement or notice, but the respective statement can be viewed online under the "Statement (Daily / Monthly)" section after you login to your account.
No. You can retrieve all Daily Activity Statements and Monthly Activity Statements within 15 calendar months. To view statement, please login and click "Account History" > "Statement (Daily / Monthly)" section.
However, if you request to receive paper Monthly Activity Statement by post, you will need to pay the handling fee of HKD 10 per statement.
In addition, if you request statement(s) issued beyond 15 months, a handling fee of HKD 100 per statement will be charged. You are advised to print out or download the statement online if you wish to keep a copy for your records.
To view the latest Monthly Activity Statement, simply click the button "View Monthly Statement";
To view specific Daily Activity Statement, simply click the date that is in blue color on the calendar. If the date is in black, then you have no account activities on that day and no daily statement is generated.
Base on your Statement Delivery Settings, we will send the statements to you by email or by post.
We will send you an email notification when new statement is available. Then you can view and download the statements online.
You may choose to receive printed copies of statements by post. Please note that a handling fee of HKD 10 per statement will be charged to your BOOM account if you request Monthly Activity Statement in paper form.
If email sent to your email address is returned to BOOM as undeliverable, we will not send out any further email notifications. Instead, we will send you paper statements by post. Please note that a handling fee of HKD 10 per statement will be charged to your BOOM account for receiving paper Monthly Activity Statement by post.
In general, the email is undeliverable because:
Your e-mail address is invalid.
Your e-mail box is full.
There are problems with your e-mail service providers such as network delay or system failure.
We will mail the paper version of statements to you upon your request or when your email address is invalid. If your correspondence address in BOOM's record is invalid, you will not be able to receive the statements. In addition, your statements might be exposed to a third party at that wrong address.
Points to Note on Account Notifications and Statements
Handling fee will be applied for receiving paper version of Monthly Activity Statements by post.
Handling fee will be charged to your BOOM account after the respective Statement is printed.
Handing fee charged is not refundable.
BOOM reserves the right to amend the handling fee associated with printed Statements from time to time at our absolute discretion at any time without your prior consent.
No Guarantee Delivery:
BOOM shall not be responsible for any delay or failure in transmission, receipt of information due to either a breakdown or failure of transmission of communication facilities, or any unreliable medium of communication or any other cause or causes beyond our control or anticipation.
No refund of charged handling fee if printed Statements are not delivered to you by post (including but not limited to the occasion that mails are bounced due to invalid correspondence address).
Maintain Up-to-date Contact Details:
You are obligated to maintain valid and reachable email and correspondence address with BOOM for receiving the Notifications and Statements. If you change your email or correspondence address, you must inform BOOM with a signed instruction.
BOOM reserves the right to change the above terms and conditions from time to time. In case of disputes, BOOM reserves the right of final decision.
If there is inconsistency between the English and Chinese version of the above terms and conditions, the English version shall prevail.
Once BOOM receives your US order, our system will immediately send it to our US agent for execution.
Depends on the listed exchange of the stock, the size and availability of the order, your US stock orders might be filled on a stock exchange (including NYSE, NYSE Arca, NYSE MKT and NASDAQ), on the Over the Counter Bulletin Board (OTCBB) or the Pink Sheets, or via a market specialist.
There is no restriction on buying and selling U.S. stocks on the same day. (See Figure A below)
However, there is a restriction for Cash Account holders that they can only use the U.S. sales proceeds to buy U.S. stocks on T+3 (i.e. three days after the trade day). This is to comply with the industry standards regarding "Day Trading Rule" in cash accounts for U.S. securities trading.
Nevertheless, you can still use the "unsettled" U.S. sale proceeds to buy stocks trading in other markets. (See Figure B below)
If you want to do "day-trading" on U.S. stocks, you may consider changing your Cash Account to Margin Account.
All clients can buy stocks and then sell them on the same day (except for Taiwan, Shanghai and Shenzhen markets).
Cash Account holders cannot buy U.S. stocks by using the "unsettled" U.S. sales proceeds.
Yes, you can "day-trade" U.S. stocks if you are holding a Margin Account. (See Figure C below) However, Cash Account holders can only use the sales proceeds to buy U.S. stocks on T+3 (i.e. three days after the trade day).
If you are holding a Cash Account and would like to do "day-trading" on U.S. stocks, you can change your account to Margin Account. The procedure is simple and free of charge.
After switching from Cash Account to Margin Account:
All the fees and charges remains the same as the Cash Account.
There is NO margin interest if you do not use the margin facilities.
You can request us to set your credit line to ZERO to prevent over-buying unintentionally.
All clients can buy stocks and then sell them on the same day (except for Taiwan, Shanghai and Shenzhen markets).
Margin Account holders can sell stocks and then buy stocks in any market on the same day.
OTC Bulletin Board is a listing of quotes of over-the-counter (OTC) stocks that don't meet the minimum-net worth and other requirements of the Nasdaq stock listing system.
Pink Sheets are quotations from market makers of over-the-counter stocks published daily by the National Quotation Bureau. The Pink Sheets get their name from the paper they are printed on.
In general, the OTC Bulletin Board and Pink Sheets are different from national exchanges in a way that they serve only as a source of price information for market makers. The listing requirements for stocks that are traded under OTC Bulletin Board and Pink Sheet systems are generally less stringent than those of stocks listed in the major exchanges.
Your pending order(s) will be either cancelled or adjusted, dependent upon the nature of the Corporate action and the Exchange activity.
Your pending order will be cancelled if any of the corporate actions identified in the table below occur. Cancellation will occur irrespective of whether or not the order has reached its Good Till Date.
Stock Merge / Acquisition
Cancellation of buy and sell order(s)
* if the stock no longer trades
** if affecting the unique system code
Your pending order will be adjusted if any of the corporate actions identified in the table below occur. Your order would then be executed at the adjusted limit price.
Adjustment of buy and sell order(s)
* We will adjust the orders if the Exchange adjusts
However, an action by the Exchange may cause your pending order to be either cancelled or adjusted if any of the corporate actions identified in the table below occur.
Either cancellation or adjustment of buy and sell order(s), dependant upon the Exchange actions
An adjustment on a pending order, either changing of price and / or quantity, will affect the final executed order amount, causing a difference from the original order amount.
If the executed order amount is smaller than the original amount of a buy order, the extra held funds will be released to your available cash balance. However, a smaller amount of proceeds will be added to your available cash balance where sell order(s) are affected.
If the executed order amount is larger than the original amount of a buy order, the extra funds needed will be deducted from your available cash balance. More sales proceeds will be added to your cash balance where sell order(s) are affected.
Please note that we will not allot shares to your account in the event that your account has insufficient funds to accommodate adjusted buy order(s). You will be contacted by Boom where this situation arises.
You may view all adjustments made by the system under the "Order History" page of the Trading Section.
You may exercise your warrant contracts by sending email to us. Your warrant contracts will be exercised as soon as market circumstances allow and your account will be updated immediately upon execution.
When you receive a dividend or other corporate action, you will be notified by email. If necessary, BOOM will ask for a response from you concerning the corporate action. For example, a message will ask you whether you would like your dividend in cash or shares.