Paconline - Foreign Shares Trading

Foreign Shares Trading

Foreign Shares Trading

We provide you the opportunity to gain trading exposure in recognised foreign exchanges around the globe. Spread your investment risk into global trading now and invest in quality companies internationally.

Our Foreign Shares Trading facilities are offering trading access into multi-currency markets in Singapore, Hong Kong, US, UK, Australia, Thailand, Japan and Indonesia.

For existing retail clients, you may place foreign orders through your dealer’s representatives via the existing retail trading account ie: one trading account is meant for both local and foreign trading.

Settlement of foreign transactions will be in Ringgit. Alternatively, sale proceeds can be placed in your trust account in the settlement currency in order to minimise forex exposure.

Tax Invoice(s) or contract statement(s) will be issued to you for all foreign transactions. Monthly statement of foreign shareholding will be issued to you after month end. Alternatively, you are encouraged to sign up for eStatement to access your foreign shares balances with retention period of 6 months.

For our existing and new prospective clients, kindly note an important notice in relation to Foreign Exchange Administration (FEA) Policy by Bank Negara Malaysia (BNM). Click here to Read More.

Trading Hours and Settlement in relation to recognised foreign exchanges are as follows:

Country Exchanges Trading Hours (Malaysia Time) Settlement Period Order Amalgamation #
Singapore SGX 09.00am – 12.00pm
01.00pm – 05.00pm
T+2 Yes
Hong Kong HKEx 09.30am – 12.00pm
01.00pm – 04.00pm
T+2 Yes
(Summer) 09.30pm – 04.00am
(Winter) 10.30pm – 05.00am ##
T+2 No
UK LSE (Summer) 03.30pm – 11.30pm
(Winter) 03.00pm – 11.30pm ##
T+2 No
Australia ASX (Summer) 07.00am – 01.12pm
(Winter) 08.00am – 02.12pm ##
T+2 Yes
Japan TSE 08.00am – 10.30am
11.30am – 02.00pm
T+2* Yes
Indonesia IDX (Mon-Thurs) :
10.00am – 12.30pm
02.30pm – 04.00pm

(Fri Only) :
10.00am – 12.30pm
02.30pm – 04.00pm
T+2 Yes
Thailand SET 11.00am – 01.30pm
03.30pm – 05.30pm
T+2 Yes
Note: The company reserves the right to vary the above terms and conditions at its sole and absolute discretion from time to time without prior notice.
# – Conditions for orders amalgamation are that the orders must be done in a market eligible for order amalgamation, executed on the same trading day for the same stock, of the same order type (either buy or sell only), done under the same trading platform and settled in same currency under the same trading account.
## – denotes trading hours during Daylight Saving Time.
Please contact your Dealer’s Representative to find out more on the brokerage rates charged for foreign transactions.