ADVANTAGES
One single login to trade in
local and global markets from your
browser of choice or your mobile device
QUICK VIEW ON US
| Trading Hours* | Non Daylight saving | 10.30pm - 5.00am (Kuala Lumpur Time) |
| Daylight saving** | 09.30pm - 4.00am (Kuala Lumpur Time) | |
| * RHB TradeSmart does not participate in extended hours trading (Pre-Opening and Pre-Closing) for U.S. Markets. Please note that RHB TradeSmart ONLY participate in the normal trading hours. ** To adjust for Daylight Saving Time, the US market hours will move 1 hour forward from the second Sunday of March to the first Sunday of November. During this period, the trading hours in local time (Kuala Lumpur) is from 9.30pm - 4.00am. | ||
| Time Difference | GMT -05:00 / GMT -04:00 (Daylight savings) | |
| Currency | United States Dollar (USD) | |
| Trading Lots | 1 share | |
| Main Index | Dow Jones Industrial Average Index (DOW) NYSE Composite Index (NYSE) National Association of Securities Dealers Automated Quotation System (NASDAQ Composite) Standard & Poor 500 (S&P) |
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| Settlement Period | T + 1 market days | |
| Price Quotes | Delayed: NYSE - 15 minutes NYSE American (AMEX) - 15 minutes NASDAQ - 15 minutes |
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The Electronic Trading Service is provided on an "as is", "as available" basis only and subject to the General Trading Terms and Conditions, Electronic Investor Services Agreement and Multi-Market Trading Agreement. Trading in US Markets via rhbtradesmart.com is only available to non-US citizen / non-US resident. The W-8BEN Form is required to be completed/signed and submitted to RHB Investment Bank Berhad before commencement of trading.
It's not hard to understand the world's enthusiasm for U.S. investments. No other international financial market comes close to the size, accessibility, transparency and liquidity of U.S. stock markets. The U.S. stock markets represent the biggest single concentration of wealth in history. In terms of market capitalization, no other financial market comes close to the combined U.S. stock markets. As of the end of 2009, the market capitalization of the NYSE was valued at US11.84 trillion. Just looking at the NYSE alone, the value of share trading for the whole year of 2007 was 5 times that of London, 4.5 times that of Tokyo, and 12 times that of Hong Kong. U.S. markets are still the biggest in terms of turnover as well as value. That means there's a very high chance of finding a buyer or seller of any particular stock at any given time. U.S. markets offer access to a huge variety of U.S. companies seeking to raise capital. With almost 6,000 companies to select from, you can invest in major companies and brands from all over the world who list their shares on U.S. financial markets.
Please click the link here for the full year trading holidays.
American Depositary Receipt (ADR)
ADRs allow investors to invest in non-U.S. companies and give non-U.S. companies easier access to the U.S. capital markets . Hence, an ADR is a stock that trades in the United States but represents a specified number of shares in a foreign corporation.
ADR agents (banks and investment banks) purchase stocks on foreign exchanges and then sell receipts for these shares on American exchanges. ADR agents charge these ADR fees to compensate for inventorying the foreign stocks and all other costs involving registration, compliance and recordkeeping services.
The ADR Fees will vary for each counter and you will be billed according to your shareholdings on record date for each ADR shares.
For more information, you may refer to the link here: https://www.sec.gov/investor/alerts/adr-bulletin.pdf
