Glossary

New to Online Stocks terms? Check out the meanings here!

A

Account Summary

Account summary allows you to perform an enquiry on your margin account.

Actual Position

The real position in the customer's accounts i.e. actual securities in hand, actual OD balance, etc.

All Stocks

Displays details of all stocks on your screen. You can sort out the counters to be displayed according to stock code, name, last done price, price change, volume, highest price and lowest price in ascending or descending order by clicking on the title header.

You can find a desired stock, using the stock name or stock number, using the Search feature. Red indicates a decrease in price, yellow indicates price unchanged and green denotes an increase in price as compared to the previous day's closing price.

Available Facility

Total facility available to a customer to purchase stock.

B

Board Lots

Shares are normally traded in specific amounts called Board Lots of 100 units. Any amount less than board lots are called special lots or odd lots.

Brokerage Fee

Brokerage is payable by both buyer and seller.

With effect from 1 July 2002, the brokerage payable for all trades in stocks, ordinary shares, preference shares and other securities listed and traded on the stock market of Bursa Malaysia [but excluding Government Bonds and Municipal Debentures, Other debentures (non-convertible) and Overseas Options] shall be on a fully negotiated basis between the broker and its client, subject to a maximum of 0.70% of the contract value.

Buy/Sell Order

Orders for shares that you wish to buy or sell.

C

Cancel/Reduce Order

The flexibility to reduce or cancel your buy/sell order if it has not been matched.

Capped price

For Maybank IB 
Upper limit for price given for securities/shares for the purpose of collateral calculation (usually in percentage form).

For Maybankinvest
The maximum value given by Maybank to a particular counter or stock (Bank value).

Clearing Fees

a. On-Market
0.03% of transaction value (payable by both buyer and seller) with a maximum of RM200.00 per contract. No minimum.

b. Direct Business
0.03% of transaction value (payable by both buyer and seller), with a maximum of RM200.00 and a minimum of RM10.00.

Committed Position

The position of trades is funded through Maybankinvest or own cash already available from the account at the same time of purchase.

Committed Uncleared Purchase or CUP

Where there is cash or available margin in the account at the time of placing the purchase order, the said order can be tagged as 'CUP' trade. This cash or margin amount will be locked for this 'CUP' trade for settlement.

Committed Uncleared Sales or CUS

Cash will be received for the said sales order on settlement day.

Confirmed Order Detail

This screen will show your confirmed order quantity.

Contra Enquiry

Contra Enquiry enables you to perform enquiries on your contra transaction.

Contra Gain (CCG)

The purchase order for a counter, which has not been settled yet and is sold by the customer to contra it. The gain between the selling and buying orders is called contra gain (CCG).

Contra Loss (CCL)

The purchase order for a counter, which has not been settled yet and is sold by the customer to contra it. The loss between the selling and buying prices loss is called contra loss (CCL).

D

Direct Sale (DS)

The shares are in the possession of the customer when the sale is effected.

Direct Uncleared Purchase or DUP

When the said funds are available at the time of placing the purchase order, the order will be classified as a 'DUP' trade.

E

Estimate Average Buy Price

The average price quoted for stocks which the customer had purchased based on the market price (previous closing price).

Expected FMR

FMR position of a customer which is expected for a particular date.

Expected OS

The expected outstanding amount which the customer owes to the Bank (Positive Balance) or the customer has the money in the bank (Negative Balance).

Expected Settlement

The expected total amount to be paid and received for a buying or selling order by the customer on a particular date.

F

Favourite Stocks

For easy and quick retrieval of your stock portfolio, you may select your own favourite stock by clicking the Favourite Stocks option. Choose the stock counters that you would monitor most frequently and save this in Favourite Stock. To edit your favourite stocks listing, please refer to the Utility option.

Financing Margin Ratio or FMR

The margin to be maintained between the Debit Balance and the Actual Security Value as stipulated in the Facility Letter or any other margin as stipulated by the Bank from time to time as the FMR.

G

Gainers by %

The counters are displayed according to the change in percentage ie. between the closing price of the previous day and the current price from the highest to the lowest in descending order (Positive to Negative).

I

Indices Chart

Indices Chart displays the graphical chart for each sector.

Indices Listing

Indices Listing provides you with the following information:

  • Previous day's closing index 
  • Opening of the day's index
  • Highest index at a particular time 
  • Lowest index at a particular time
  • Current index reading
  • Change of index (increase or decrease) 
  • Time of latest index update

L

Losers by %

The counters are displayed according to the change in percentage i.e the closing price of the previous day and the current price from the highest to the lowest in ascending order (Negative to Positive)

M

Match Order Detail

This screen will show your matched quantity, price and time of your orders.

Minimum Bids

Minimum bid is the permissible increment/decrement on the offer to buy price over the previous done or quoted price. In trading on the Bursa Malaysia, bids and offers for shares within different price ranges follow different minimum bids. For example, if the last done price of Company A is RM3.30, the buying or selling price bid must increase or decrease by 2 sen, i.e.:RM3.28, RM3.32, RM3.34. It cannot be RM3.29, RM3.31, RM3.33.

More examples:

Last Done PriceCorrect Price BidWrong Price Bid
RM0.80 RM0.805 RM0.806
RM1.50 RM1.51 RM1.505
RM3.24 RM3.25 RM3.26
RM8.65 RM8.66 RM8.63
RM20.60 RM20.62 RM20.65
RM95.75 RM95.73 RM95.70
RM100.50 RM101.60 RM101.00
Market Price of ShareMinimum Bids
Below RM1.00 0.5 sen
RM1.00 up to RM9.99 1 sen
RM10.00 up to RM99.98 2 sen
RM100.00 and above 10 sen

O

Outstanding balance

The amount owed by the client in his account arising from his transactions in securities, including all permissible related charges before deducting any cash that was deposited by the client.

Outstanding position

The amount owed by the client in his account arising from his transactions in securities, including all permissible related charges before deducting any cash that was deposited by the client.

S

Score order number

The score order number on the order screen currently has no function

Sector Information

The Sector information displays the following details: 

  • Number of counters
  • Number of counters in upward position
  • Number of counters in downward position
  • Number of unchanged counters
  • Number of untraded counters
  • Number of suspended counters
  • Volume traded
  • Value traded (in Ringgit Malaysia)

Stamp duty

The stamp duty chargeable on transactions on the stock market of Bursa Malaysia is:

  1. RM1.00 for RM1,000.00 or fractional part of value of securities (payable by both buyer and seller), and effective 17 March 2003, the stamp duty shall be remitted to the maximum of RM200.00.
  2. All instruments relating to the issue of, offer for subscription, or purchase of, or invitation to subscribe or purchase, debentures approved by the Securities Commission under Section 32 of the Securities Commission Act, 1993, and the transfer of such debentures, are exempt from stamp duty.

Stock Portfolio

Stock Portfolio enables you to view information on the stock that you currently have.

Stock Tracker

You can track the movement of a particular stock. Highlight the desired counter and click on the stock tracking option.

T

Trade Information

This screen will show your trade information, which is automatically updated. You can find out whether your orders are matched or otherwise.

Three status types will be shown here:

  • Order in Queue/Pending - Orders successfully sent but pending to be sent to Bursa 
  • Order Confirmed/New - Orders received and executed by Maybank IB Dealer's Representative
  • Order Matched - Orders confirmed and matched

Trading Session

The period when the market is open. It is divided into two sessions, the first between 9.00am to 2.30pm and second session from 2.30pm to 5.00pm.

Top gainers

Top gainers shows the prices of the stock counters, which had gone up the most in a particular day.

Top losers

Top Losers shows the prices of the stock counters, which had dropped the most in a particular day.

Top volume

Top volume shows the stock counters which had the most active buyers or sellers in a particular day.

U

Uncleared Trade Listing

You can enquire about concerning trades that have not been settled.

In Uncleared Trade Listing, you can change the payment type of your trade from CUP to DUP or vice - versa.

The change of payment type from DUP to CUP is subjected to the following :

  • Trade is not overdue
  • FMR does not exceed 60%

V

View Trade History

View Trade History displays a history of all your transactions for the day with updated status on orders placed.

You can sort out your viewing screen by making changes in the various options provided here. You will be presented with 3 different viewing modes.

  • Trade information
  • Confirmed order Detail
  • Match Order Detail

View Trade Position

This screen will show you trades in total for the day and the average prices.