Notice to Charge Account Maintenance Fees – Futures Accounts
Dear Valued Client:
Finet Securities Limited (hereinafter referred to as "Our Company") sent you the notification for terminate the business of Hong Kong and Global future markets on July 5, 2019, and Our Company has terminated the relevant futures trading business since September 6, 2019 .
After internal verification, there is still some cash asset left in your future account with Our Company now. Due to continuous increase in administration cost and after our thorough consideration, we will start to charge an account maintenance fee for future accounts which still have positive cash balance at the end of each month from October 2022. The account maintenance fee will be: HKD 150 per month (or equivalent in other currencies) until the cash balance of the account reaches zero.
Please notify us to withdraw the money maintained with us as soon as possible. Our staff will definitely provide assistance as and when required. However, if your futures account still has cash balance as on October 31, 2022, Our Company will start charging the first monthly account maintenance fee.
Yours faithfully
Finet Securities Limited
16 Sep 2022
Re : Notification of cessation of trading in China Connect Securities and cessation of trading of securities business
Dear Valued Client:
Please be informed that we, Finet Securities Limited (the “Company”) will not provide trading service in China Connect Securities through a CCEP from 8 Mar 2023, and will cease the trading business and internet trading platform effect from 31 Mar 2023, due to internal business restructuring.
For the best interest of our valuable clients, we advise you to sell your securities or transfer your positions to another licensed counterparty as soon as possible before 31 Mar 2023, all related transfer fee (settlement instruction/ SI) will be waived.
Starting from 31 Mar 2023, the Company will not provide securities trading service, only transfer service of cash/securities from your account will be provided, related transfer fee will be charged as usual. The Company does not rule out charging monthly account maintenance fee in the future.
We would like to take this opportunity to thank you for your long-term support. If you have any questions or concerns for this arrangement, please feel free to contact us at (852) 2869 8800 or email to [email protected].
Yours faithfully
Finet Securities Limited
28 Feb 2023