Commissions

Options - Asia-Pacific Pricing Structure



Options pricing: AustraliaAustralia
Commissions Minimum Per Order
Index options (ASX) AUD 2.00 per contract 1 AUD 2.00
Stock Options AUD 0.30 per contract 1 AUD 1.00

1 ASX-listed Contract = AUD 2.00


Options pricing: Hong KongHong Kong
Commissions Minimum Per Order
Index Options HKD 30.00 per contract HKD 30.00
Stock Options 2
SEHK Tier II Options 5 0.2% of option value + exchange fee of HKD 1.00per contract HKD 18.00
SEHK Tier III Options5 0.2% of option value + exchange fee of HKD 0.50per contract HKD 18.00
All other stock options 0.2% of option value + exchange fee of HKD 3.00per contract HKD 18.00
HHI HKD 20.00 per contract HKD 20.00
MHI HKD 17.00 per contract HKD 17.00

1 Index Option = HKD 30.00


Options pricing: IndiaIndia

Securities Transaction Tax, Exchange Charges, and GST

Product Standard Minimum Maximum
Options7 1 bps INR 6 INR 20 8


Options pricing: JapanJapan
Commissions Minimum
N225 Options (weekly and monthly) 3 12bps per Trade Value plus external fees JPY 100 per order
Stock Options (TSEJ) 4 JPY 90 per contract JPY 90 per contract

1 Stock Option (TSEJ) Contract = YEN 90


Options pricing: SingaporeSingapore
Commissions Minimum
NIFTY USD 2.85 per contract USD 2.85
SGD-denominated options SGD 5.00 per contract SGD 5.00

1 Option (NIFTY) Contract = USD 2.85


Options pricing: South KoreaSouth Korea
Commissions Minimum Per Order
All 0.2% of option value KRW 1,000

10 Contracts @ KRW 0.75 Premium (100,000 Multiplier) = KRW 1,500


Notes:

  1. The cost for exercise/assignments of ASX options will be 0.275 per contract for stock options and 0.75 per contract for index options.
  2. For all exercise and assignments standard stock commissions apply plus Stock Exchange Options Clearing House (SEOCH) fee of HKD 2.00 per contract.
  3. The cost of an exercise or assignment of the monthly Nikkei contract is 6 bps with a maximum of JPY 420 per contract for both Tiered Fixed and Tiered Volume Incentive models. The cost of an exercise or assignment of the weekly Nikkei contract is 130 JPY for both Tiered Fixed and Tiered Volume Incentive models.
  4. Introductory rate. This rate is subject to change.
  5. Tier II stock options are options on the following underlying symbols: 3, 11, 17, 66, 135, 267, 293, 358, 386, 388, 489, 762, 857, 902, 914, 1088(CSB only), 1171, 1339, 1359, 1800, 1816, 1928, 1988, 2319, 2388, 2600, 2628, 2800, 3323, 3888, 3968, 6030.
    Tier III stock options are options on the following underlying symbols: 23, 151, 330, 390, 494, 728, 883, 939, 992, 998, 1088(CSE only), 1186, 1398, 1880, 1898, 1919, 2038, 2282, 2333, 2777, 2888, 2899, 3328, 3800, 3988.
  6. IB's commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IB’s commission schedule may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market.
  7. For first 100 lots. Portion of order above 100 lots will be charged at INR 5 per lot.
  8. The maximum per order for NRIs will be INR 150

  • Commissions apply to all order types.
  • All exchange and regulatory fees included except for Hong Kong stock options.
  • Commissions are not charged for exercise and assignment, except in Australia.
  • Cost-Plus Tiered pricing available for index options. See futures commissions for more information.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.