The Hong Kong Exchanges and Clearing Limited (HKEX) will implement enhancements to the settlement arrangement for Multi-Counter Eligible Securities by adopting a 「Single Tranche Multiple Counter」, effective 30 June 2025.

Under the enhancement, multiple trading currency counters will still be available for trading as per the existing trading arrangement.  However, trades executed across different currency counters will be reflected under a single currency counter designated as the Domain Settlement counter.   

Examples of Multi-counter Eligible Securities:

If client is currently holding Multi-counter Eligible securities under the securities account, please note that they will be converted to the Domain Settlement Counter on the effective date.  From then on, only the Domain Settlement counter will be applicable for Settlement Instructions (SI), Investor Settlement Instructions (ISI) and all Corporate Actions events.

For details, please visit HKEX’s website : https://www.hkex.com.hk/Services/Clearing/Securities/What_s-New/Enhancement-of-Settlement-Arrangement-for-Multi-counter-Eligible-Securities?sc_lang=en

According to the HKEX's announcement on 21 Feb 2025 in relation to the enhances Stock Settlement Fee Structure for Exchange Trades, CCASS Clearing Fee will be adjusted from the current rate of 0.003% per side of gross consideration (Min.HK$3 / Max. HK$100) to 0.0042% per side of gross consideration (including the settlement fee charged by Hong Kong Clearing) with effective on 30 June 2025.

For more details, please visit the relevant information sheet on the HKEX’s website

With effect from trade date 13 May 2025, the SEC Fee for US Market SELL trades will be reduced from 0.00278% to 0.00% of USD transaction amount. 

For more information, please refer to the SEC's order: http://www.sec.gov/rules-regulations/fee-rate-advisories/2025-2