Terms and Conditions for Stop Loss Order

1. I/We request and authorize Dah Sing Bank, Limited (“the Bank”) to place Stop Loss Order(s) to sell the above stock(s) on my/our behalf. Any sold amount of the stock with the related charges will be settled via my/our settlement account.
2. I/We understand and agree that once the current nominal price of the stock drops to or below my/our preset Stop Loss Price in continuous trading session, my/our Stop Loss Order(s) will be triggered and placed to market as an enhanced limit order for execution. The executed price may be better than, or equal to my/our Lowest Selling Price. The Stop Loss Order(s) will not be executed at the price below the specified Lowest Selling Price. And it may be rejected if the current BID price is above the Lowest Selling Price to a certain extent (according to trading mechanism of HKEx).
3. I/We understand and agree the Bank will use its best endeavours to process my/our Stop Loss Order(s), but it may not be performed due to fluctuation in stock price, inadequate market liquidity, system failure and any event beyond the control of the Bank. The order may be fully executed, partially executed, unexecuted or even rejected.
4. I/We understand and agree that the Bank does not guarantee that any of the above stop loss order(s) can be executed or partially executed.
5. I/We understand and agree that if the above Stop Loss Order(s) is not executed during the good-till period, it will lapse after market closes on the good-till date.
6. I/We understand and agree that if the above Stop Loss Order(s) is valid for more than 1 trading day and it is not triggered, cancelled or rejected on a trading day during the good-till period, it will be automatically carried forward to the next trading day, until the end of the good-till period. Once triggered, the order will lapse at the end of that trading date and will not be carried forward to next trading day regardless of whether the order is executed fully or not.
7. I/We understand and agree that the above Stop Loss Order(s) can be cancelled but not amended, in which the executed part of the order cannot be cancelled, while only the outstanding part of the order can be cancelled before market closes on the trading day on which the executed part of the order is executed.
8. I/We understand and agree that the good-till date of the above Stop Loss Order(s) shall be not more than 3 trading days from the order date or such other date as designated by the Bank.
9. I/We understand and agree that the above Stop Loss Order(s) is bound by the “Master Terms and Conditions” of the Bank / “Master Terms and Conditions for VIP Banking Services” of the Bank including its General Terms and all its applicable Specific Terms (each as amended from time to time) (“Master Terms and Conditions”). In case there is any inconsistency between these Terms and Conditions and the Master Terms and Conditions, these Terms and Conditions shall prevail.
10. In the event of any inconsistency between the English version and Chinese version of these Terms and Conditions, the English version shall prevail.