Equities Trading Club FAQ

The Equities Trading Club is a loyalty program for DBS Treasures clients with Wealth Management Account (WMA). It rewards clients with lower brokerage commission rates and exclusive benefits based on their trading activity.

Membership tiers are calculated monthly, and are reviewed and updated on the first calendar day of each month, based on the Member's past 3 months accumulated trading volume (“3- month Accumulated Trading Volume”).

The membership tier may be further updated on the second calendar day of each month if any Eligible Transactions in overseas markets have been made on the last calendar day of the previous month. The corresponding brokerage commission rates are applicable from the calendar day of the membership tier update.

The 3-month Accumulated Trading Volume refers to the accumulated securities transactions made on the Hong Kong Stock Exchange and overseas markets by the Member in the past 3 calendar months (“Eligible Transactions”).

To calculate the transaction amount of Eligible Transaction in overseas markets, the Bank will convert the transaction to Hong Kong Dollars at the exchange rate determined by the Bank and will take the exchange rate on the relevant settlement date as the final exchange rate of such Eligible Transaction for the purpose of calculating the 3-month Accumulated Trading Volume.

Due to exchange rate fluctuations after making of the Eligible Transaction, there may be slight changes in the 3-month Accumulated Trading Volume on or before the settlement date. For overseas transactions made on the last day of a calendar month, exchange rates fluctuations on or before the settlement date may result in updates to the membership tiers on the first two calendar days of the next calendar month.

All transaction values relevant for calculation of the 3-month Accumulated Trading Volume are determined according to the Bank’s record.

In order for the Eligible Transactions to be included in the 3-month Accumulated Trading Volume on the first calendar day of each month, the Eligible Transactions must be executed on or before the last day of the previous calendar month.

Please note that for non-Asia market Eligible Transactions (i.e. Eligible Transactions made in United States, Canada, United Kingdom stock markets and any stock markets other than Hong Kong, Singapore, Japan and Australia), such Eligible Transactions will only be reflected in the 3-month Accumulated Trading Volume on T+2 day. In other words, for non-Asia market Eligible Transactions made on the last calendar day of the previous month, the membership tier may be further updated on the second calendar day of the month.

Please check the overview page on DBS iBanking or DBS digibank HK.
(Select “Invest” > “Equities” > “Overview”)

Unless otherwise advised, the standing fees & charges prevail over the Equities Trading Club rates (as shown in the Bank Charges Schedule) for brokerage commission during the effective period of the standing fees & charges.

Please note that the standing fees & charges may, in certain circumstances, exceed the maximum corresponding rate as set out in the Bank Charges Schedule or the Equities Trading Club.

Please also note that any fees, charges and/or pricing agreement that may apply to your account(s) with the Bank are subject to review from time to time at the Bank’s discretion.