OREANDA-NEWS. April 16, 2012. The Bank of East Asia (“BEA”) announces the launch of new promotional offers for the securities trading services offered by East Asia Securities Co. Ltd. (“EAS”), BEA’s wholly-owned stock broking arm, reported the press-centre of BEA. 

To acknowledge the continual support of its customers, EAS has lowered its standard brokerage rate to 0.18% for orders placed via automated channels with immediate effect.

Meanwhile, new customers can enjoy a preferential brokerage rate of just 0.1% for trading through all channels with a minimum brokerage charge of HKD50. New margin clients can further enjoy a margin interest rate of P*-1.45% New customers can enjoy these preferential offers during the promotional period which will end on 30th June, 2012.

During the promotional period, for every successful draw down of an IPO staging loan of HKD 500,000 or more to subscribe for shares in an IPO, customers will receive  a 5% brokerage discount for transactions conducted in the same calendar month. In addition, the service charge for IPO applications made via the EAS website will be waived.

“With our sophsticated trading platform, we can offer first class services to our customers economically. Our very competitive rates are offered not only for traditional stockbroking services,” says Mr. Peter Hsiao, General Manager of EAS. “The attractive offers also extend to stock margin financing and IPO stagging loans services,” he adds.

To learn more about EAS’s securities broking services and the terms and conditions of this promotion, please visit any BEA Securities Services Centre or EAS office, or the EAS homepage at www.easecurities.com.hk.

*BEA’s Prime Rate (“P”) is currently at 5.25% per annum.