Hong Kong
+852 2523 3588
Trading day 24 hours
Non-trading day 9:30-21:30
Relevant fees are charged based on the entire operation process of a SPAC.
| Subscription method | Type of fee | Amount | |
| Ordinary subscription(in cash, or on margin with Futu) | Subscription handling fee | 2% * allotment amount | |
| Margin interest (if applicable) | The annualized interest rate for subscription on margin with Futu is the same as that for a HK margin account (current annualized interest rate of 6.8%). For details, please refer to the description of margin interest on subscription. If margin is used, margin interest must be paid regardless of whether you are an allottee. | ||
| SFC transaction levy, FRC transaction levy, trading fee | 0.00785% * allotment amount | ||
| Type of fee | Amount | ||
| Annual general meeting related fee | Attend, or authorize a third party to attend, annual general meetings (up to 1 person). | ||
| Type of fee | Amount | ||
| Redemption fee (voluntary application) | 1000 HKD per transaction | ||
| Warrant exercise fee (voluntary application) | 1000 HKD per transaction | ||
| Post-merger stock swap fee (company action) | Free |
The licensing information in relation to companies within Futu Group is as follows:
Futu Securities International (Hong Kong) Limited
Holder of 20 licenses and participantship in providing clients with reliable securities trading services.
In Hong Kong, China: Futu HK is a licensed corporation regulated by the Securities and Futures Commission of Hong Kong (CE No. AZT137) and has obtained Type 1 Licence for Dealing in Securities, Type 2 Licence for Dealing in Futures Contracts, Type 3 Licence for Leveraged Foreign Exchange Trading, Type 4 Licence for Advising on Securities, Type 5 Licence for Advising on Futures Contracts, Type 7 Licence for Providing Automated Trading Services, and Type 9 Licence for Asset Management. Futu HK is registered as MPF Intermediary, SEHK Participant, HKSCC Direct Clearing Participant, SEHK China Connect Exchange Participant, HKSCC China Connect Clearing Participant, SEHK Options Trading Exchange Participant, SEOCH Direct Clearing Participant, HKFE Futures Commission Merchant, and HKCC Clearing Participant.
In Europe: Futu HK is a member of London Stock Exchange and Turquoise.
In Singapore: Futu HK is a trading member of Singapore Exchange Securities Trading Limited and Singapore Exchange Derivatives Trading Limited.
Futu Trustee Limited
Holder of Trust or Company Service Provider Licence (Licence No. TC006475).
Futu Lending Limited
Holder of Money Lenders Licence (Licence No. 2034/2021).
Futu Insurance Brokers (Hong Kong) Limited
Holder of Insurance Broker Company Licence (Licence No. FB1783).
Futu Inc.
A broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) (CRD: 283078/SEC: 8-69739), and a member in good standing of Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Futu Clearing Inc.
A broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) (CRD: 298769/SEC: 8-70215), a member in good standing of Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), as well as a member of Depository Trust Company (DTC), a member of National Securities Clearing Corporation (NSCC) and the Options Clearing Corporation (OCC).
Futu Wealth Advisors Inc.
An investment advisor registered with and regulated by the U.S. Securities and Exchange Commission (SEC) (CRD: 310790/SEC: 801-119635).
Futu Futures Inc.
A licensed entity registered with the National Futures Association (NFA) (NFA ID: 0523957) and regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).
Futu Singapore Pte. Ltd.
Registered with the Monetary Authority of Singapore (MAS), Futu SG is a Capital Markets Services Licence (Licence No. CMS101000) holder with the Exempt Financial Adviser Status. Futu SG has also received approvals-in-principle for all SGX memberships. Futu SG is set to be admitted as Clearing Member of The Central Depository (Pte) Ltd (CDP) , Trading Member of Singapore Exchange Securities Trading Limited (“SGX-ST”), Trading and Clearing Member of Singapore Exchange Derivatives Trading Limited (“SGX-DT”), and Depository Agent of CDP.
Futu Trustee (Singapore) Pte. Ltd.
A Singapore trust company licensed by the Monetary Authority of Singapore to carry on trust business and services (Licence Number: No.TC000074).
Futu Securities (Australia) Ltd.
A securities dealer registered with and regulated the Australian Securities and Investments Commission (ASIC). Futu AU holds the Australian Financial Services Licence (Licence No. 224663).
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