{"posts":[{"post_id":19,"title":"Introduction","content":"The platform on which you're about to trade, has earned \"Best in Class\" retail platform from FX Week and Euromoney. Through HMS Trader 2, you gain access to:\r\n\r\n \tOver 140 currency crosses\r\n \tStreaming prices for Spot, Forward Outrights and FX Options\r\n \tStreaming news\r\n \tCharting and technical analysis tools\r\n \tMarket research from leading experts\r\n\r\nINCREASE YOUR INVESTMENT POWER\r\nHMS Markets's margin rates allow you to gear your investment up to 100x . For Further details please refer to Margin Requirements\r\nFOREX OPTIONS ON LIVE, STREAMING PRICES\r\nTrade Forex Options on streaming, live prices up to USD 20,000,000 on most major crosses. The HMS Trader 2 is a pioneer in streaming FX instruments.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4537-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"forex","slug":"forex-introduction","date_add":1474634085,"date_updt":1485189881,"orderindex":0},{"post_id":20,"title":"Forex Options","content":"\ndrawWidget('c6e61490-dd92-42fd-b36b-cddbd553b2f3', 'en');\nWHAT IS AN OPTION?\nAn option grants the buyer the right, but not the obligation to buy or sell the underlying asset at an agreed price \"the strike price\" on a set date. A Call Option grants the buyer the right to buy the underlying asset. Maximum loss is the premium paid up front and the maximum profit is unlimited.\n\nThe seller of a Call Option is obliged to sell the underlying asset at the agreed strike. Maximum loss is unlimited and maximum profit is limited to the premium received.\n\nA Put Option grants the buyer the right to sell the underlying asset. Maximum loss is once again the premium paid up front and the maximum profit is unlimited.\n\nThe seller of a Put Option is obliged to buy the underlying asset at the agreed strike. Maximum loss is unlimited and maximum profit is limited to the premium received.\n\nHence the risk as a seller of naked options, with no underlying asset, is very risky. Buying a Call Option always implies a Call on a currency, and a Put on the other currency in the currency pair, and vice versa\nWHAT IS AN OTC TRADE?\n\"Over-the-Counter\" (OTC) products are products that are not traded on an Exchange. Rather, they are traded between counter parties. Whereas Exchange Traded products are standardized, OTC products are customisable to suit the needs of the counter parties.\nTICKET FEES\nFor trades below the Ticket Fee Threshold, a small ticket fee of USD 10 is added to the trade to cover administration costs.\nFOREX OPTIONS MARGIN REQUIREMENTS\nIn case of short selling of Forex Options, margin requirements for Forex Options take into account changes in:\n\n \tVolatility\n \tSpot price of the underlying asset\n \tOpen positions (that effectively reduce the risk associated with your Options positions)\n\nMargin Calculations\nMargin requirements for Forex options consist of a:\n\n\n \tDelta Margin which is related to the exposure due to changes in the spot market\n \tVega Margin which is related to changes in the volatility of the underlying spot Forex cross\n\n\nThis margin calculation system nets open Spot positions against Options, resulting in generally lower margin requirements.\nEXERCISE PROCEDURE\nOptions that are \"in the money\" are automatically exercised at 10:00 New York time (New York cut) on the day of expiry, where they are converted to a spot position. This spot position is subject to the usual profit\/loss if the spot price moves from the exercise price. If you already have an offsetting position at exercise, the exercised position will be netted out on the following day.\nCAN I SELL AN OPTION?\nYes, uncovered options are possible with HMS TRADER uncovered options are however much more risky as there is no underlying asset to support the option. Only experienced traders should use the facility of selling naked options.\nMargin requirement is 10 % of the traded amount, hence a 1 MIO USD contract requires a 100.000 USD margin account balance.","featured_image":"","parent_hash":null,"page_hash":"forex","slug":"forex-options-trading-rates","date_add":1474634736,"date_updt":1474634736,"orderindex":0},{"post_id":21,"title":"Commissions & Conditions","content":"\r\n\r\ndrawWidget('674906c1-ba56-4e98-84c5-eb45b7a9b76b', 'en');\r\n\r\nHMS shall endeavour to offer the Client Forex Target bid \/ ask spreads. The Forex Target bid \/ ask spreads are HMS\u2019 best possible bid \/ ask spreads quoted under normal market conditions. During periods of high volatility or low liquidity, the Forex Target bid \/ ask spread may be increased and auto execution disabled\r\nTARGET BID\/ASK SPREADS\r\nOur target bid\/ask spreads listed are our best possible spreads used in normal market conditions. In periods of volatile markets, the spread may be increased and auto-execution disabled. The spreads applicable to your account will be displayed in your HMS Trader 2 platform under the trading conditions tab.\r\nMARGIN REQUIREMENTS\r\nForeign exchange trading is normally undertaken on the basis of \"margin trading\" That is a relatively small deposit (the margin) is held as collateral in order to control much larger positions in the market; in consequence of which the client acknowledges, understands and accepts the high degree of risk exposure.\r\nMargin requirement: Any margin collateral requirement is calculated as follows:\r\nExample\r\nThis example is not based on actual margin rates, please refer to Forex Trading Commissions for an up to date list of the current margins and available currency pairs\r\nIn order to trade EUR 100,000 against another major currency, the client needs to hold collateral with the depositary bank, in a minimum amount of EUR 2,000, being 2% of EUR 100,000; by way of security. If this collateral, in the client account, falls below the account margin requirement (2%), in this case EUR 2,000, due to adverse market movements, then the client would be under the minimum margin required and is therefore required to liquidate (close out) some or all of that position . The client shall remain liable for any resulting deficit balance.\r\nHMS LUX reserves the right to adjust the margin requirement at any time.\r\nThe client acknowledges, understands and accepts that it is the sole responsibility of the client to monitor,verify and maintain correct margin requirements at all times and that HMS LUX is under no obligation to inform the client of any adverse market movements or losses in the clients account.\r\nHowever if a client's account margin requirement drops below the margin requirement , HMS LUX , at its absolute discretion and without prior warning, reserves the right but not the obligation to close out (liquidate) all positions, on a best effort basis.\r\nThe client understands that he\/she shall hold HMS LUX its employees, officers and directors harmless from any or all losses at all times for any actions taken to liquidate or close out such positions and the client aknowledges, understands and accepts that he\/she will remain fully responsible for any claims, liabilities, expenses, any and all losses incurred, due to such actions taken by HMS LUX.\r\nImportant Information\r\nHMS Trader is a multi product trading platform which supports cross product margining for any margin based investments made in the different products supported.\r\nThe client is therefore required to monitor first and foremost the aggregated margin requirements from all investments as a percentage of the client's Net Free Equity. At 100% \"Margin Utilization\" the client will be deemed to have utilised all available margin collateral. see below\r\nThe client's total \"Margin Utilization\" , irrespective of products traded, must not exceed 100%. If the funds in the client\u2019s account fall below the minimum margin requirements and the \"Margin Utilization\" exceeds 100%, the client will be required to decrease position(s) in order to reduce exposure.\r\nIt is the client\u2019s total responsibility to monitor position(s) and margins at all times. If the \"Margin Utilization\" exceeds 100%, HMS LUX reserves the right but not the obligation to close out all open positions.\r\nAccount Exposure\r\nThe Client must not invest in more than 70 percent of the Client\u2019s account value in any one Margin Trade instrument and\/or related Margin Trade instrument. If the Client holds more than 70 percent of the account value in any one Margin Trade instrument and\/or related Margin Trade instrument, the Client will be required to reduce the exposure. It is the Client\u2019s total responsibility to monitor the clients account(s) and exposure at all times. If the Client does not comply with this requirement, the Clients Account will be considered to be over-exposed and HMS, at its absolute discretion and without prior notice to the Client, reserves the right, but not the obligation, to reduce the Client\u2019s exposure by closing position(s). The Client is made aware that HMS, at its absolute discretion, may consider certain accounts higher risk and may lower the above threshold. In such cases, HMS shall inform the Client.\r\n\r\n\r\nMARGIN CALLS\r\nYou must maintain the margins listed in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions \u2013 normally you will be notified through our trading platform. If your margin situation is not remedied, we may close positions on your behalf.\r\nFOREX TRADING HOURS\r\nFrom Monday 05:00 Sydney local time to Friday 17:00 New York local time.\r\nPOSITIONS HELD UNTIL THEIR VALUE DATE\r\nOpen Spot Forex positions held at the end of the business day, (17:00 New York time) before their value date, will be rolled over to a new value date on a Tom\/Next basis.\r\nAs part of the Tom\/ Next roll over operation, positions are subject to a swap charge or credit (swap points), which are related to the two traded currencies.\r\nThe swap points are based on a Tom\/Next swap feed from a tier one bank with an added mark up of +\/- 0.25% based on the overnight interest rates (Reuters Contribution feed), plus an interest component of +\/- 0.75% for any unrealised P\/L on the position based on the same interest rates","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"forex","slug":"forex-trading-conditions","date_add":1474634812,"date_updt":1485190121,"orderindex":0},{"post_id":22,"title":"Commissions","content":"\r\n\r\ndrawWidget('674906c1-ba56-4e98-84c5-eb45b7a9b76b', 'en');\r\n\r\nHMS shall endeavour to offer the Client Forex Target bid \/ ask spreads. The Forex Target bid \/ ask spreads are HMS\u2019 best possible bid \/ ask spreads quoted under normal market conditions. During periods of high volatility or low liquidity, the Forex Target bid \/ ask spread may be increased and auto execution disabled","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"forex","slug":"forex-commissions","date_add":1474634900,"date_updt":1485190153,"orderindex":0},{"post_id":23,"title":"Swap Rates","content":"\ndrawWidget('6f61be36-43a1-4019-904e-6d63e2c52a8c', 'en');","featured_image":"","parent_hash":null,"page_hash":"forex","slug":"forex-swap-rates","date_add":1474635034,"date_updt":1474635034,"orderindex":0},{"post_id":24,"title":"FAQ","content":"WHAT ARE THE HELP-DESK HOURS?\r\nThe Help-Desk is open on Luxembourg Business week days from 08.00 CET until 18.00 CET. You can E-mail your questions to Helpdesk@hms.lu or call (+352) 45 11 1 911\r\nWHAT ARE THE HOURS TO TRADE FX?\r\nHMS Markets is open for Forex trading whenever the market is open:\r\n\r\n \tFrom Monday 05:00 Sydney local time\r\n \tTo Friday 17:00 New York local time\r\n\r\nWHERE IS MY ACCOUNT HELD?\r\nClient accounts are held with a European Bank.\r\nHOW MUCH MONEY IS REQUIRED TO OPEN A MARGIN ACCOUNT?\r\nOur minimum opening account size for HMS Trader 2 Platform is EUR 1,000 (For Trading Forex \/ Futures \/ CFDs & Stocks)\r\nCAN I LOSE MORE THAN I HAVE IN MY ACCOUNT?\r\nWhile under normal circumstances you must maintain the margin requirement (please see margin requirements faq's) it is possible that in certain cases you can lose more than the cash balance of your account. Your loss is NOT limited to the amount of cash in your account. Due to the nature of margin trading, a relatively small deposit is required to control a much larger position. Clients can therefore lose more than the amount in their account, and will be required if necessary to pay any outstanding balances due to HMS LUX.\r\nWHAT IS THE ROLE OF HMS LUX?\r\nWe are your broker and are committed to provide order execution software and quality back up services.\r\nDOES HMS LUX CO-OPERATE WITH THIRD PARTY PROVIDERS?\r\nYes, in order to provide the best services for our clients, we use other professionals of the financial markets for order routing, clearing, settlement etc\r\nWHAT SHOULD I DO IF I CAN NOT GET OUT OF A POSITION?\r\nYou can use the online Chat\/Helpdesk Function during the Help-desk hours to chat to a member of our hepdesk staff\r\n\r\nOtherwise you can call a member of our helpdesk staff on +352 45 111 911\r\nWHAT FX PRODUCTS CAN BE TRADED?\r\nHMS Trader 2 supports the trading of Forex Spot, OTC Options and Forward Outrights, as well as a wide array of trade orders.\r\nWHAT IS A PIP?\r\nPip stands for \"percentage in point\". Most currency pairs are quoted to four decimal places, meaning that a movement from 1.1850 to 1.1851 for a currency pair would constitute one pip. For a particular position, you can calculate the value of a single pip using the following formula. For instance, you know that the EURUSD is quoted with four decimals, so for a given position you can multiply the position amount by the value of one pip, or USD 0.0001. So, on a EURUSD 100,000 contract, one pip would equal USD 10. On a USDJPY 100,000 contract, one pip is equal to JPY 1,000 because USDJPY is quoted with only two decimals (meaning 1 pip = JPY 0.01).\r\nWHAT IS A CURRENCY PAIR?\r\nA currency pair is a Forex instrument, also known as a cross, for example USDJPY. When you trade in Forex, you always trade currencies in pairs. Thus in the example of USDJPY, this pairing indicates that you trade U.S. dollars against Japanese yen. If you buy dollars, you pay in yen, and if you sell dollars you receive yen.\r\nWHAT IS SPOT TRANSACTION?\r\nA transaction entered into where the standard settlement date (Value date) is 2 business days from the trade date.\r\nWHAT IS THE SPREAD?\r\nThe difference between the Bid price (at which you can sell the trading instrument) and the Ask price (at which you can buy the trading instrument). For more information on the trading conditions at HMS Markets, go to your HMS Trader 2 and click Account > Trading Conditions.\r\nWHAT DOES VALUE DATE MEAN?\r\nThe date when the settlement of funds for a trade transaction will take place in your account. This is usually at spot (2 working days after the trade), but can be less or more days.\r\nWHAT CROSSES CAN BE TRADED?\r\nOver 160 Forex currency crosses\r\nIS THERE PHYSICAL DELIVERY OF THE CURRENCIES TRADED?\r\nThere will be no physical delivery of the traded currency pairs However any profit or loss arising from trading activities will be credited\/debited to your account.\r\nWHAT IS A FORWARD OUTRIGHT?\r\nAn order to trade a Forex instrument at a fixed price on a fixed date. The price of the forward outright is the spot rate adjusted for the interest rate differential between the two currencies until maturity.\r\nWHAT IS THE COST OF CONVERTING MY PROFIT AND LOSS?\r\nCurrency conversions of profits and losses are done using the prevailing closing rate plus\/minus 0.5% as of 17:00 New York Local Time .\r\nHOW CAN I USE A LIMIT ORDER?\r\nLimit orders are commonly used to enter a market and to take profit at predefined levels. Limit orders to buy are placed below the current market price and are executed when the Ask price hits or breaches the price level specified. (If placed above the current market price, the order is filled instantly at the best available price below or at the limit price.) Limit orders to sell are placed above the current market price and are executed when the Bid price breaches the price level specified. (If placed below the current market price, the order is filled instantly at the best available price above or at the limit price.) When a limit order is triggered, it is filled as soon as possible at the price obtainable on the market. Note that the price at which your order is filled may differ from the price you set for the order if the opening price of the market is better than your limit price.\r\nHOW CAN I USE A STOP ORDER?\r\nForex Stop orders are commonly used to exit positions and to protect investments in the event that the market moves against an open position. Stop orders to sell are placed below the current market level and are executed when the Bid price hits or breaches the price level specified. Stop orders to buy are placed above the current market level and are executed when the Ask price hits or breaches the price level specified.\r\n\r\nHMS Trader 2 supports a variety of stop orders, including Stop if Bid and Stop if Offered Orders.\r\n\r\nStop if Bid orders are commonly used to buy the applicable currency pair in a rising market. If the price level specified in the order is actually Bid on the market, the order will be filled at the price offered by the market maker. For example, if you sold GBPUSD at 1.4280, with a Stop Bid at 1.4330, the position would be closed (GBPUSD would be bought) if the Bid price hit or breached 1.4330. We recommend the use of Stop if Bid orders only to buy Forex positions. The use of Stop if Bid to sell Forex positions can result in positions being prematurely closed if a market event causes the Bid\/Ask spread to temporarily widen.\r\n\r\nStop if Offered orders are commonly used to sell the applicable currency pair in a falling market. If the price level specified is actually offered in the market, the order will be filled at the price bid by market maker. For example, if you bought USDJPY at 132.00, with a Stop Offer at 131.50, the position would be closed (USDJPY would be sold) if the Offer price hit or breached 131.50 (in other words, if 131.50 is offered). We recommend the use of Stop if Offered orders only to sell Forex positions. The use of Stop if Offered orders to buy Forex positions can result in positions being prematurely closed if a market event causes the Bid\/Ask spread to temporarily widen.\r\nWHAT ARE RELATED TRADE ORDERS?\r\nRelated, or contingent, orders are trade orders linked together to create more complex trading strategies. There are several types of contingent orders, the most popular of which are If Done and O.C.O. orders. If Done orders (also known as slave orders) where a slave, or subordinate, order only becomes active if the first one is executed. For example, you might place a limit order to buy EURUSD and then, if this order is filled, a subsequent limit order to sell EURUSD if the spot price breaches a certain level. One Cancels the Other (O.C.O.) is an order sequence where the execution of one order cancels the other. O.C.O. orders are often used to place both a stop loss and a profit taking (limit) order around a position \u2013 the first of the orders to execute will automatically cancel the other.\r\nARE STOP LOSS ORDERS GUARANTEED?\r\nNo, while stop loss orders are normally intended to limit losses to a certain amount, they are not guaranteed and may not effectively limit losses due to fluctuating market conditions. Clients must be aware that they are fully responsible for any and all losses incurred.\r\nARE LIMIT ORDERS GUARANTEED?\r\nNo, there is no guarantee of execution\r\nWHAT IS TOM\/NEXT?\r\n\"Tom\" stands for tomorrow and means \"the next working day after today\" and \"next\" means \"the next working day following\". This term is used to describe the basis on which an open Forex position, if held at the end of the business day prior to its Value Date, is rolled over to a new value date.\r\nWHAT IS FIFO?\r\nFIFO = First In, First OutIf a client makes a trade that is the opposite of one or more existing open positions, e.g. buys EURUSD and already has two open short EURUSD positions, the system will use the FIFO principle and automatically close out the oldest of the open positions. In the example, that would mean closing out the oldest of the short EURUSD positions.\r\nUS RESIDENTS\r\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"forex","slug":"forex-faq","date_add":1474635084,"date_updt":1485190298,"orderindex":0},{"post_id":29,"title":"Introduction","content":"HMS Trader 2 connects investors to 16 Futures exchanges from around the world. With over 200 online-traded futures contracts, investors can trade a variety of products, including:\r\n\r\n\r\n \tFinancials: bonds, interest rates, currencies and indices\r\n \tPrecious metals: gold, silver (also NY miNYs) and copper\r\n \tEnergies: e-miNY energies, crude, heating oils, gasoline and natural gas\r\n \tAgriculturals: softs, meats and grains\r\n\r\nCOMPREHENSIVE TRADING RESOURCES\r\nIn addition to trading and price monitoring, HMS Trader 2 comes equipped with an entire suite of trading and analysis tools to give you insight into the Futures market. Access:\r\n\r\n \tStreaming news\r\n \tMarket research and analysis\r\n \tCharting and technical analysis tools\r\n\r\nIN-DEPTH MARKET INSIGHT\r\nFor a select number of futures exchanges, HMS Trader 2 provides Level 2 market depth to give you insight into the market's movements. Market Depth displays the five best bid and ask prices directly in the futures trade module.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4542-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"futures","slug":"futures-introduction","date_add":1474883193,"date_updt":1485183954,"orderindex":0},{"post_id":31,"title":"Commissions & Conditions","content":"COMMISSIONS FOR ONLINE TRADED CONTRACTS\r\nThese commissions are for each contract and for each trade (buy or sell) through HMS Trader 2 and exclude exchange fees which are listed under the contract specifications.\r\nCOMMISSIONS FOR FUTURES CONTRACTS\r\nFor online traded futures contracts, a commission of:\r\n\r\n \tEUR Denominated Contracts EUR 2.50*\r\n \tUSD Denominated Contracts USD 2.50*\r\n \tGBP Denominated Contracts GBP 1.75*\r\n \tAUD Denominated Contracts AUD 7.50*\r\n \tJPY Denominated Contracts JPY 1,000*\r\n \tSGD Denominated Contracts SGD 10.00*\r\n \tSEK Denominated Contracts SEK 35.00*\r\n\r\n\r\n \t* Commissions are per lot per side plus the relevent exchange fees.\r\n\r\nSUPPORT FOR STOP AND STOP LIMIT ORDERS\r\nStop and stop-limit orders are subject to support by the exchange on which the contract is traded. The order types available are noted in the popup details for each contract.\r\nMAINTENANCE MARGIN\r\nFutures contracts are traded on margin, enabling you to leverage a small margin deposit for a much greater market effect.\r\nYou must maintain the maintenance margins listed per contract in your account at all times. If the funds on your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.\r\nThe client acknowledges, understands and accepts that it is the sole responsibility of the client to monitor,verify and maintain correct margin requirements at all times and that HMS LUX is under no obligation to inform the client of any adverse market movements or losses in the clients account.\r\nHowever if a client's account margin requirement drops below the margin requirement , HMS LUX , at its absolute discretion and without prior warning, reserves the right but not the obligation to close out (liquidate) all positions, on a best effort basis.\r\nThe client understands that he\/she shall hold HMS LUX its employees, officers and directors harmless from any or all losses at all times for any actions taken to liquidate or close out such positions and the client aknowledges, understands and accepts that he\/she will remain fully responsible for any claims, liabilities, expenses, any and all losses incurred, due to such actions taken by HMS LUX.\r\nImportant Information\r\nHMS Trader is a multi product trading platform which supports cross product margining for any margin based investments made in the different products supported.\r\nThe client is therefore required to monitor first and foremost the aggregated margin requirements from all investments as a percentage of the client's Net Free Equity. At 100% \"Margin Utilization\" the client will be deemed to have utilised all available margin collateral. see below\r\nThe client's total \"Margin Utilization\" , irrespective of products traded, must not exceed 100%. If the funds in the client\u2019s account fall below the minimum margin requirements and the \"Margin Utilization\" exceeds 100%, the client will be required to decrease position(s) in order to reduce exposure.\r\nIt is the client\u2019s total responsibility to monitor position(s) and margins at all times. If the \"Margin Utilization\" exceeds 100%, HMS LUX reserves the right but not the obligation to close out all open positions.\r\nAccount Exposure\r\nThe Client must not invest in more than 70 percent of the Client\u2019s account value in any one Margin Trade instrument and\/or related Margin Trade instrument. If the Client holds more than 70 percent of the account value in any one Margin Trade instrument and\/or related Margin Trade instrument, the Client will be required to reduce the exposure. It is the Client\u2019s total responsibility to monitor the clients account(s) and exposure at all times. If the Client does not comply with this requirement, the Clients Account will be considered to be over-exposed and HMS, at its absolute discretion and without prior notice to the Client, reserves the right, but not the obligation, to reduce the Client\u2019s exposure by closing position(s). The Client is made aware that HMS, at its absolute discretion, may consider certain accounts higher risk and may lower the above threshold. In such cases, HMS shall inform the Client.\r\n\r\n\r\nPARTIAL FILLS\r\nPartial fills may occur on limit orders and the remaining amount will stay on the market as a limit order and may be filled within the order duration.\r\n\r\nMarket orders can be filled at numerous levels, the price paid will be the volume weighted average price of all the fills.\r\nEXPIRY OF FUTURES CONTRACTS\r\nPlease note that HMS Markets does not support physical delivery of the underlying security upon expiry of a futures contract. We therefore advise you to be aware of the expiry and first notice dates of any futures contracts you invest in and ensure that you close your position before this date. If you do not close a futures position before its expiry or first notice date, the platform will automatically close your position for you at the first available opportunity at the prevailing market rate. Any resulting costs, gains or losses will be passed on to you.\r\nIf you require any assistance or clarification regarding the expiry of futures contracts, please contact HMS Markets.\r\nPROFIT\/LOSS CONVERSIONS\r\nCurrency conversions of trading costs as well as profits and losses from trading activities are done using the prevailing close rate as of 17:00 New York Time, plus\/minus 0.5%.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4543-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"futures","slug":"futures-conditions","date_add":1474883381,"date_updt":1485190203,"orderindex":0},{"post_id":32,"title":"Contract Specifications","content":"\ndrawWidget('e5e402c1-66fc-48d3-bb1f-8e15acd179c0', 'en');","featured_image":"","parent_hash":null,"page_hash":"futures","slug":"futures-specifications","date_add":1474883517,"date_updt":1474883517,"orderindex":0},{"post_id":33,"title":"Subscriber Agreements","content":"The HMS Trader 2 Online Subscription Tool will allow clients to subscribe to real-time exchange market data for stocks, DMA CFDs, CFDs and futures via the trading platform.\r\nThe new tool will not only give easier and faster access to real-time market data, but to the streaming news feeds aswell. In general, the news services will continue to be free, although fees may apply to professional users.\r\nThe tool is accessible via the \"Online Subscription Tool\" option under the \"Account\" menu of the trading platform.\r\n\r\n \tClients will need to subscribe individually to each exchange if they want real-time market data.\r\n \tOngoing subscription fees will be billed on the first day of the new month.\r\n \tShould a client stop trading a particular exchange for a period of time then we recommend they unsubscribe to real-time data before the end of the current month to avoid being charged for the following month.\r\n\r\nFor more details in regards to the functionality of the Online subscription tool click here\r\n1. REAL TIME EXCHANGE DATA - MONTLY FEES\r\n\r\n\r\n\r\nExchange Name\r\nAccess Level\r\nNon Professional Monthly Fees\r\nProfessional Monthly Fees\r\n\r\n\r\nBM&F\r\nLevel 1\r\n55.00 USD\r\n55.00 USD\r\n\r\n\r\nCBOE Futures Exchange\r\nDelayed\r\n0.20 USD\r\n0.20 USD\r\n\r\n\r\nCBOE Futures Exchange\r\nLevel 1\r\n2.00 USD\r\n2.00 USD\r\n\r\n\r\nCBOE Indices\r\nLevel 1\r\n1.75 USD\r\n1.75 USD\r\n\r\n\r\nEuronext Commodities Derivatives\r\nLevel 1\r\n15.00 EUR\r\n20.00 EUR\r\n\r\n\r\nEuronext Commodities Derivatives\r\nLevel 2\r\n15.00 EUR\r\n15.00 EUR\r\n\r\n\r\nEuronext Equity & Index Derivatives\r\nLevel 1\r\n1.00 EUR\r\n37.00 EUR\r\n\r\n\r\nEuronext Equity & Index Derivatives\r\nLevel 2\r\n1.00 EUR\r\n34.00 EUR\r\n\r\n\r\nEuronext Interest Rate Derivatives\r\nLevel 1\r\n31.50 EUR\r\n40.00 EUR\r\n\r\n\r\nEuronext Interest Rate Derivatives\r\nLevel 2\r\n1.00 EUR\r\n2.00 EUR\r\n\r\n\r\nGLOBEX\r\nLevel 1\r\n3.00 USD\r\n340.00 USD\r\n\r\n\r\nGLOBEX\r\nLevel 2\r\n15.00 USD\r\n340.00 USD\r\n\r\n\r\nHong Kong Futures Exchange\r\nLevel 1\r\n25.00 HKD\r\n25.00 HKD\r\n\r\n\r\nHong Kong Futures Exchange\r\nLevel 2\r\n75.00 HKD\r\n25.00 HKD\r\n\r\n\r\nICE Futures Europe (ICE)\r\nLevel 1\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nICE Futures Europe (ICE)\r\nLevel 2\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nICE Futures U.S. (NYBOT)\r\nLevel 1\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nICE Futures U.S. (NYBOT)\r\nLevel 2\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nICE Liffe (LIFFE)\r\nLevel 1\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nICE Liffe (LIFFE)\r\nLevel 2\r\n85.00 USD\r\n85.00 USD\r\n\r\n\r\nKansas City Board of Trade\r\nLevel 1\r\n25.00 USD\r\n\r\n\r\n\r\nMontreal Futures Exchange\r\nLevel 1\r\n6.00 USD\r\n\r\n\r\n\r\n\r\n2. DISCLAIMER\r\nTo trade stocks, DMA CFDs, CFDs and futures on live (un-delayed) prices, a subscriber agreement must be established with each relevant exchange. The vendor of real time live market data is Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark. Therefore the Subscriber Agreement will be contracted between the vendor of the market data and you the subscriber.\r\nHMS LUX S.A. cannot guarantee the confidentiality of the information disclosed by the client when signing the Subscriber Agreement. Therefore, disclosure of such confidential information is the sole responsibility of the client\/subscriber.\r\nBy electronically submitting the Subscriber Agreement you automatically agree to:\r\n\r\n1) Permit HMS LUX S.A. to transmit your electronic Subscriber Agreement to Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark and Saxo Bank reporting this information to each relevant exchange at the end of each month.\r\n\r\n2) Acknowledge and accept that HMS LUX S.A. no longer has any responsibility for the data confidentiality which you are disclosing in the above mentioned process.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"futures","slug":"futures-agreements","date_add":1474883619,"date_updt":1485189992,"orderindex":0},{"post_id":40,"title":"Traded Instruments","content":"\ndrawWidget('ecb4b51a-9b74-4ab6-8242-234b22bd5e59', 'en');","featured_image":"","parent_hash":null,"page_hash":"cfds","slug":"cfds-instruments","date_add":1474884494,"date_updt":1474884494,"orderindex":0},{"post_id":90,"title":"Commissions","content":"","featured_image":"","parent_hash":null,"page_hash":"cfds","slug":"cfds-commissions","date_add":1475064305,"date_updt":1475064305,"orderindex":0},{"post_id":91,"title":"Traded Instruments","content":"\ndrawWidget('8b9c544c-96f2-4dc1-a51c-eadbd85a0ac7', 'en');","featured_image":"","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-trading-rates","date_add":1475068861,"date_updt":1475068861,"orderindex":0},{"post_id":141,"title":"FAQ","content":"WHAT ARE THE HELP-DESK HOURS?\r\nThe Help-Desk is open on Luxembourg Business week days from 08.00 CET until 18.00 CET. You can E-mail your questions to Helpdesk@hms.lu or call (+352) 45 11 1 911\r\nWHERE IS MY ACCOUNT HELD?\r\nClient accounts are held with a European Bank.\r\nHOW MUCH MONEY IS REQUIRED TO OPEN A MARGIN ACCOUNT?\r\nOur minimum opening account size for HMS Trader 2 Platform is EUR 1,000 (For Trading Forex \/ Futures \/ CFDs & Stocks)\r\nCAN I LOSE MORE THAN I HAVE IN MY ACCOUNT?\r\nWhile under normal circumstances you must maintain the margin requirement (please see margin requirements faq's) it is possible that in certain cases you can lose more than the cash balance of your account. Your loss is NOT limited to the amount of cash in your account. Due to the nature of margin trading, a relatively small deposit is required to control a much larger position. Clients can therefore lose more than the amount in their account, and will be required if necessary to pay any outstanding balances due to HMS LUX.\r\nWHAT IS THE ROLE OF HMS LUX?\r\nWe are your broker and are committed to provide order execution software and quality back up services.\r\nDOES HMS LUX CO-OPERATE WITH THIRD PARTY PROVIDERS?\r\nYes, in order to provide the best services for our clients, we use other professionals of the financial markets for order routing, clearing, settlement etc\r\nWHAT SHOULD I DO IF I CAN NOT GET OUT OF A POSITION?\r\nYou can use the online Chat\/Helpdesk Function during the Help-desk hours to chat to a member of our hepdesk staff\r\n\r\nOtherwise you can call a member of our helpdesk staff on +352 45 111 911\r\nWHAT CAN I TRADE ONLINE?\r\nHMS Markets offers direct, online trading of a number of popular commodity futures including gold, silver, crude oil and natural gas.\r\n\r\nDirect online trading of financial futures on live streaming prices is available through your trading platform. The financial futures available include:\r\n\r\n \tStock indices\r\n \tInterest rates\r\n \tForeign currencies\r\n \tCurrently trading over 200\r\n\r\nWHAT EXCHANGES ARE AVAILABLE?\r\nFutures trading through some of the world's major exchanges including\r\n\r\n \tEUREX\r\n \tLIFFE\r\n \tGLOBEX\r\n \tCME\r\n \tCBOT\r\n \tAMS\r\n \tIDEM\r\n \tMEFF\r\n \tMONEP\r\n \tOSX\/TYO\r\n \tSFE\r\n \tSGX-DT\r\n\r\nWHAT TYPES OF FUTURES ORDERS ARE AVAILABLE?\r\nMarket, limit and stop orders can be placed through HMS Trader 2, and are available for all futures contracts tradable through the platform. In addition, clients can use trailing stop orders to lock-in profits in case the market moves against their futures position. Stop-limit orders are available subject to support by the exchange on which the contract is traded. The order types available are noted on the Futures Contract Specifications and Conditions & Commssions pages.\r\nARE STOP LOSS ORDERS GUARANTEED?\r\nNo, while stop loss orders are normally intended to limit losses to a certain amount, they are not guaranteed and may not effectively limit losses due to fluctuating market conditions. Clients must be aware that they are fully responsible for any and all losses incurred.\r\nARE LIMIT ORDERS GUARANTEED?\r\nNo, there is no guarantee of execution\r\nWHAT IS INITIAL\/MAINTENANCE MARGIN?\r\nFutures contracts are traded on margin enabling you to leverage a small margin deposit for a much greater market effect. The initial margin is the collateral per contract that you must have in your account to open a position.The maintenance margin is the collateral per contract that you must have in your account to maintain a position.\r\nEXPIRY OF FUTURES CONTRACTS\r\nPlease note that HMS Markets does not support physical delivery of the underlying security upon expiry of a futures contract. We therefore advise you to be aware of the expiry and first notice dates of any futures contracts you invest in and ensure that you close your position before this date. If you do not close a futures position before its expiry or first notice date, the platform will automatically close your position for you at the first available opportunity at the prevailing market rate. Any resulting costs, gains or losses will be passed on to you.\r\n\r\nIf you require any assistance or clarification regarding the expiry of futures contracts, please contact HMS Markets.\r\nUS RESIDENTS\r\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"futures","slug":"futures-faq","date_add":1474883693,"date_updt":1485189724,"orderindex":0},{"post_id":142,"title":"Introduction","content":"A Contract for Difference is a derivative contract that enables the investor to speculate in the price of the underlying instrument, e.g. stocks or stock market indices. These contracts allow clients to trade underlying instruments without having to physically own them.\r\nChoose from among 16 stock exchanges and 10 stock indices.\r\n\r\n \tU.K.\r\n \tGermany\r\n \tBelgium\r\n \tFrance\r\n \tItaly\r\n \tSpain\r\n \tHolland\r\n \tDenmark\r\n \tSweden\r\n \tFinland\r\n \tPortugal\r\n \tNorway\r\n \tSwitzerland\r\n \tNew Zealand\r\n \tNew York and the NASDAQ\r\n \tSingapore\r\n \tJapan\r\n","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4549-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"cfds","slug":"cfds-introduction","date_add":1474883820,"date_updt":1485184092,"orderindex":0},{"post_id":143,"title":"Index CFDs","content":"Index CFDs allow you to trade on the price movements of an entire Stock index, without owning any of the stocks within that index. HMS Trader 2 allows for trading on 17 stock indices including:\r\n\r\n\r\n\r\n \tAustralia 200 (ASXSP200.I)\r\n \tBelgium 20 (BELG20.I)\r\n \tDenmark 20 (DEN20.I)\r\n \tEU Stocks 50 (STOXX50E.I)\r\n \tFrance 40 (CAC40.I)\r\n \tGermany 30 (DAX.I)\r\n \tGermany Mid-Cap 50 (MDAX.I)\r\n \tGermany Tech 30 (TECDAX.I)\r\n \tNetherlands 25 (AEX.I)\r\n \tNorway 25 (NOR25.I)\r\n \tPortugal 20 (PSI20.I)\r\n \tSpain 35 (IBEX35.I)\r\n \tSweden 30 (SWE30.I)\r\n \tSwitzerland 20 (SMI.I)\r\n \tHong Kong (HSI.I)\r\n \tJapan 225 (NI225.I)\r\n\r\nWHAT IS THE MAIN ADVANTAGE OF TRADING INDEX CFD'S?\r\nOne of the advantages of trading Index CFDs with HMS Trader 2 is that you can choose any size of risk exposure. You can decide yourself the number of currency units per Index point you wish to speculate, with a minimum of just one currency unit.\r\nIS TRADING CFD'S HIGH RISK?\r\nCFDs are not for everyone:\r\n\r\nThe power of leverage\/margin can work against you just as quickly as it can make you profits. If you get the markets wrong, always remember to apply adequate risk management strategies. Both losses and profits may accumulate rapidly when using the full leveraging of CFD's.\r\n\r\nWarning:\r\n\r\nWhile HMS Markets will always seek to provide tradable quotes, if the market becomes untradeable, HMS Markets may not always be able to quote you a price, or the spread between bid and ask prices may widen substantially.\r\n\r\nFinancing costs on long positions may be substantial, just as they would be if you undertake traditional margin trading. Clients should always keep an eye on the costs associated with maintaining a long position for a lengthy period of time.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4554-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"cfds","slug":"cfds-index","date_add":1474883922,"date_updt":1488446166,"orderindex":0},{"post_id":144,"title":"Equity CFDs","content":"An Equity CFD is a derivative contract that enables the investor to speculate in the price of the underlying equities. These contracts allow clients to trade underlying equity, long or short without having to physically own them.\r\n\r\nTRADE CFD'S ON THE FOLLOWING MARKETS\r\n\r\n \tAMEX - NYSE\r\n \tAMS - Euronext Amsterdam\r\n \tBRU - Euronext Brussels\r\n \tCSE - Nasdaq OMX Helsinki\r\n \tFSE - Deutsche Borse\r\n \tHKEX - Hong Kong\r\n \tHSE - Nasdaq OMX Helsinki\r\n \tISE - Irish Stock Exchange\r\n \tLISB - Euronext Lisbon\r\n \tLSE - London Stock Exchange\r\n \tMIL - Borsa Italiana\r\n \tNASDAQ - NASDAQ\r\n \tNYSE - New York Stock Exchange\r\n \tNYSE_ARCA New York Stock Exchange ARCA\r\n \tOSE - Oslo Stock Exchange\r\n \tPAR - Euronext Paris\r\n \tSIBE - BME SPanish Exchange\r\n SSE - Nasdaq OMX Stockholm\r\n SWX - SIX Swish Exchange\r\n VIE - Vienna Stock Exchange\r\n\r\n\r\nIS THERE PHYSICAL DELIVERY?\r\nAs there is no physical purchase of the underlying instrument, the underlying instrument will not be delivered to your account. Only the contract will be placed in your account.\r\nThese contracts have no settlement date, therefore settlement of a contract will be the difference between the buying price and the selling price.\r\nAM I CHARGED INTEREST WHEN HOLDING A LONG POSITION OVERNIGHT?\r\nYes, as you are trading on margin you will pay interest on the value of the contract.\r\nIf you hold a long position for a lengthy period, this financing cost will be substantial and CFDs are therefore mostly suited to short-term investors.\r\nDO I RECEIVE INTEREST WHEN HOLDING SHORT POSITIONS OVERNIGHT?\r\nYes, depending on the underlying product you may receive interest for as long as you are short.\r\nWILL I HAVE TO PAY STAMP DUTY WHEN BUYING A U.K. EQUITY CFD?\r\nNo, as you are not holding the underlying shares there is no Stamp Duty.\r\nARE DIVIDENDS CREDITED TO THE ACCOUNT FOR LONG POSITIONS?\r\nYes, If you are long a CFD you will receive a payment that equals the net dividend (subject to tax) on the underlying share. This payment will be credited to the account when the stock goes \"Ex-Dividend\". However, if you are short a CFD you will be required to pay an amount that equals the gross dividend on the underlying share. This payment will be debitted from the account when the stock goes \"Ex-Dividend\"\r\nIS TRADING CFD'S HIGH RISK?\r\nCFDs are not for everyone:\r\n\r\nThe power of leverage\/margin can work against you just as quickly as it can make you profits. If you get the markets wrong, always remember to apply adequate risk management strategies. Both losses and profits may accumulate rapidly when using the full leveraging of CFD's.\r\n\r\nWarning:\r\n\r\nWhile HMS Markets will always seek to provide tradable quotes, if the market becomes untradeable, HMS Markets may not always be able to quote you a price, or the spread between bid and ask prices may widen substantially.\r\n\r\nFinancing costs on long positions may be substantial, just as they would be if you undertake traditional margin trading. Clients should always keep an eye on the costs associated with maintaining a long position for a lengthy period of time.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4539-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"cfds","slug":"cfds-equity","date_add":1474884003,"date_updt":1488448444,"orderindex":0},{"post_id":146,"title":"Commissions & Conditions","content":"EQUITY CFD COMMISSIONS\r\n\r\n\r\ndrawWidget('bbb9a96f-0764-4ad3-a43c-77a13bf8259f', 'en');\r\nSTOCK CFD MARGINS\r\nCFD's trading is normally undertaken on the basis of \"margin trading\" That is a relatively small deposit (the margin) is held as collateral in order to control much larger positions in the market; in consequence of which the client acknowledges, understands and accepts the high degree of risk exposure.\r\nRefer to CFD Traded Instruments for which margin group a particular stock is currently traded under.\r\nHMS LUX reserves the right to adjust the margin requirement at any time\r\nEXAMPLE MARGIN REQUIREMENT:\r\nStock ABC, you buy 1000 CFD's at EUR 10.00, contract value of 1000 cfd's at EUR 10.00 = EUR 10,000\r\nYou will require a margin collateral of 25% of the contract value during exchange hours(during week days) EUR 10,000 x 25%=EUR 2,500 margin collateral required.\r\nACCOUNT EXPOSURE\r\nThe Client must not invest in more than 70 percent of the Client\u2019s account value in any one Margin Trade instrument and\/or related Margin Trade instrument. If the Client holds more than 70 percent of the account value in any one Margin Trade instrument and\/or related Margin Trade instrument, the Client will be required to reduce the exposure. It is the Client\u2019s total responsibility to monitor the clients account(s) and exposure at all times. If the Client does not comply with this requirement, the Clients Account will be considered to be over-exposed and HMS, at its absolute discretion and without prior notice to the Client, reserves the right, but not the obligation, to reduce the Client\u2019s exposure by closing position(s). The Client is made aware that HMS, at its absolute discretion, may consider certain accounts higher risk and may lower the above threshold. In such cases, HMS shall inform the Client.\r\nINDEX CFDS\r\nIndex CFDs are over-the-counter products. Index CFDs aim to reflect the fair value of the underlying index but the actual bid and ask price may differ slightly from the actual index level.\r\nINDEX CFD SPREADS\r\nIndex CFDs are traded on the index level with the following bid\/ask spreads:\r\n\r\n\r\ndrawWidget('a3382931-3d17-43e4-89d3-a7647887f03b', 'en');\r\nINDEX CFD MARGIN REQUIREMENTS\r\nFor index CFDs, you must maintain a minimum of 1% of the investment value in your account to cover your CFD exposure at all times.\r\nCFD INTEREST AND ACCRUAL RATES\r\nIf you hold a CFD after the stock market closes, you are subject to a financing fee or accrual:\r\n\r\n \tWhen you buy a CFD, you are subject to a financing charge at the Inter-Bank Offer Rate for the currency in which the share is traded (e.g. LIBOR plus 3.0%)\r\n \tWhen you short sell a CFD, you receive an interest accrual at the Inter-Bank Bid Rate for the currency in which the share is traded (e.g. LIBID minus 2.5%)\r\n\r\nIf you open and close a CFD position within one trading day, you are not subject to these charges or accruals.\r\nCURRENCY CONVERSIONS\r\nCurrency conversions of trading costs as well as profits and losses from trading activities are done using the prevailing close rate as of 17:00 New York Time, plus\/minus 0.5%.\r\nSHORT SELLING CFDS\r\nWhen short selling CFDs, you can experience forced closure of a position if your CFDs get recalled. The risk is particularly high if the stock becomes hard to borrow due to takeovers, dividends, rights offerings (and other merger and acquisition activities) or increased hedge fund selling of the stock.\r\nDIVIDENDS ON CFD POSITIONS\r\nHolders of long CFD positions will, when dividends are paid on the underlying share, qualify for a proportional payout. Holders of short CFD positions will have to pay an amount equal to the full (gross) dividend paid on the underlying share.\r\nThe amount will be credited\/debited your trading account on ex-date, unless the dividend rate is unconfirmed in which case the dividend is paid on pay date (e.g. ADR's).\r\nDividends on CFD positions are paid and debited through the platform and not by the underlying company. Dividends paid or debited are cash adjustments reflecting corporate actions in the underlying share and as a result will not take into account special dividend taxes that may be applicable. CFD dividends may therefore differ from the dividends payable on the underlying share. Holding a CFD does not confer the rights to any dividend imputation credits.\r\nPARTIAL FILLS\r\nPartial fills may occur on limit orders and the remaining amount stays in the market as a limit order and may be filled within the order duration.\r\nMarket orders can be filled at numerous levels, the price paid will be the volume weighted average price of all the fills.\r\nNORDIC MARKETS\r\nOrders traded in the Nordic markets (Denmark, Sweden and Norway) are split into an \"Even lot\" which will be traded, and a remainder which will be routed to the odd-lot book.\r\nWhen part of an order is routed to the odd-lot book, limit orders will be filled if possible or left on the book until a fill is possible. A market order will be filled immediately if possible, and will otherwise be cancelled (fill or kill principle).","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"cfds","slug":"cfds-conditions","date_add":1474884252,"date_updt":1485189415,"orderindex":0},{"post_id":147,"title":"Subscriber Agreements","content":"CFDS \/ STOCKS\r\nThe HMS Trader 2 Online Subscription Tool will allow clients to subscribe to real-time exchange market data for stocks, CFDs and futures via the trading platform.\r\nThe new tool will not only give easier and faster access to real-time market data, but to the streaming news feeds as well. In general, the news services will continue to be free, although fees may apply to professional users.\r\nThe tool is accessible via the \"Online Subscription Tool\" option under the \"Account\" menu of the trading platform.\r\n\r\n \tClients will need to subscribe individually to each exchange if they want real-time market data.\r\n \tMinimum trades to generate a rebate are listed in a table under section 2 below.\r\n \tOngoing subscription fees will be billed on the first day of the new month.\r\n \tShould a client stop trading a particular exchange for a period of time then we recommend they unsubscribe to real-time data before the end of the current month to avoid being charged for the following month.\r\n\r\nFor more details in regards to the functionality of the Online subscription tool click here.\r\n1. REAL TIME EXCHANGE DATA - MONTLY FEES\r\n\r\n\r\n\r\nExchange Name\r\nLevel\r\nNon Professional Monthly Fees\r\nProfessional Monthly Fees\r\n\r\n\r\nBats Europe\r\nLevel 1\r\nFree\r\n22.00 GBP\r\n\r\n\r\nHong Kong Stock Exchange\r\nLevel 1\r\n120.00 HKD\r\n120.00 HKD\r\n\r\n\r\nHong Kong Stock Exchange\r\nLevel 2\r\n200.00 HKD\r\n200.00 HKD\r\n\r\n\r\nNASDAQ OMX Copenhagen Stockholm Helsinki Exchanges\r\nLevel 1\r\n1.00 EUR\r\nN\/A\r\n\r\n\r\nNASDAQ OMX Copenhagen Stockholm Helsinki Exchanges\r\nLevel 2\r\n5.00 EUR\r\nN\/A\r\n\r\n\r\nNASDAQ\r\nLevel 1\r\n1.00 USD\r\n22.00 USD\r\n\r\n\r\nNew York Stock Exchange (AMEX and ARCA)\r\nLevel 1\r\n1.00 USD\r\n23.00 USD\r\n\r\n\r\nNew York Stock Exchange\r\nLevel 1\r\n1.00 USD\r\n45.00 USD\r\n\r\n\r\nEuronext Stock Exchange\r\nLevel 1\r\n1.00 EUR\r\n63.00 EUR\r\n\r\n\r\nEuronext Stock Exchange\r\nLevel 2\r\n1.00 EUR\r\n91.00 EUR\r\n\r\n\r\n\r\n2. REBATES OF SUBSCRIPTION FEES FOR ACTIVE CLIENTS\r\nClients that subscribe to real-time market data, and trade the required minimum number of trades per calendar month across stocks, and CFDs will receive rebates as indicate in the below table. Rebates are only applicable for non-professional clients subscribing to Level I data.\r\n\r\nThe definition of Non-Professional and Professional subscribers may vary between exchange.\r\n\r\n\r\n\r\n\r\nExchange Name\r\n\r\nCountry\r\n\r\nNon Professional Monthly Fees - Level I\r\n\r\n\r\n\r\nMinimum Trades for Rebate\r\n\r\n\r\nAmerican Stock Exchange (AMEX)\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\nEuronext Stock Exchange\r\n\r\nEurope\r\n\r\nEUR 1.00\r\n\r\n2\r\n\r\n\r\nHong Kong Exchange (HKEX)\r\n\r\nHong Kong\r\n\r\nHKD 120\r\n\r\n3\r\n\r\n\r\nNASDAQ\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\nNew York Stock Exchange (NYSE)\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\n\r\n3. DISCLAIMER\r\nTo trade stocks, CFDs and futures on live (un-delayed) prices, a subscriber agreement must be established with each relevant exchange. The vendor of real time live market data is Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark. Therefore the Subscriber Agreement will be contracted between the vendor of the market data and you the subscriber.\r\nHMS LUX S.A. cannot guarantee the confidentiality of the information disclosed by the client when signing the Subscriber Agreement. Therefore, disclosure of such confidential information is the sole responsibility of the client\/subscriber.\r\nBy electronically submitting the Subscriber Agreement you automatically agree to:\r\n\r\n1) Permit HMS LUX S.A. to transmit your electronic Subscriber Agreement to Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark and Saxo Bank reporting this information to each relevant exchange at the end of each month.\r\n\r\n2) Acknowledge and accept that HMS LUX S.A. no longer has any responsibility for the data confidentiality which you are disclosing in the above mentioned process.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"cfds","slug":"cfds-agreements","date_add":1474884582,"date_updt":1485258160,"orderindex":0},{"post_id":148,"title":"FAQ","content":"WHAT IS A CFD?\nA Contract For Difference, or CFD, is a stock derivative product that allows traders to participate in the price movement of a security or index without taking full ownership of the security\/index. CFDs are traded on margin, thereby allowing you to gain exposure to particular securities using far less capital than would be required if trading on the underlying securities themselves. Although CFDs confer no ownership rights they do reflect the full performance of the underlying stock, including corporate actions.\nWHEN CAN I TRADE CFDS?\nCFD Trading hours mirror those of the exchange on which the underlying stock is traded.\nWHAT MARKETS ARE AVAILABLE?\nHMS Markets offers CFD trading on 16 different exchanges, including 10 index-tracking CFDs\nWHAT ARE THE HELP-DESK HOURS?\nThe Help-Desk is open on Luxembourg Business week days from 08.00 CET until 18.00 CET. You can E-mail your questions to Helpdesk@hms.lu or call (+352) 45 11 1 911\nWHERE IS MY ACCOUNT HELD?\nClient accounts are held with a European Bank.\nHOW MUCH MONEY IS REQUIRED TO OPEN A MARGIN ACCOUNT?\nOur minimum opening account size for HMS Trader 2 Platform is EUR 1,000 (For Trading Forex \/ Futures \/ CFDs & Stocks).\nCAN I LOSE MORE THAN I HAVE IN MY ACCOUNT?\nWhile under normal circumstances you must maintain the margin requirement (please see margin requirements faq's) it is possible that in certain cases you can lose more than the cash balance of your account. Your loss is NOT limited to the amount of cash in your account. Due to the nature of margin trading, a relatively small deposit is required to control a much larger position. Clients can therefore lose more than the amount in their account, and will be required if necessary to pay any outstanding balances due to HMS LUX.\nWHAT IS THE ROLE OF HMS LUX?\nWe are your broker and are committed to provide order execution software and quality back up services.\nDOES HMS LUX CO-OPERATE WITH THIRD PARTY PROVIDERS?\nYes, in order to provide the best services for our clients, we use other professionals of the financial markets for order routing, clearing, settlement etc\nWHAT SHOULD I DO IF I CAN NOT GET OUT OF A POSITION?\nYou can use the online Chat\/Helpdesk Function during the Help-desk hours to chat to a member of our hepdesk staff\n\nOtherwise you can call a member of our helpdesk staff on +352 45 111 911\nHOW ARE SHARE DIVIDENDS HANDLED?\nHolders of long CFD positions will, when dividends are paid on the underlying share, qualify for a proportional payout. Holders of short CFD positions will have to pay an amount equal to the full (gross) dividend paid on the underlying share.\n\nThe dividend amount will be credited\/debited to the client's trading account on ex-date, except in cases where the dividend rate is unconfirmed, e.g. ADRs and where the underlying stock is converted from its natural currency. In this case the dividend would be paid the dividend on the payable date.\n\nDividends on CFD positions are paid and debited by the platform and not by the underlying company. Dividends paid or debited are cash adjustments reflecting corporate actions in the underlying share and as a result will not take into account special dividend taxes that may be applicable. CFD dividends may therefore differ from the dividends payable on the underlying share. Holding a CFD does not confer the rights to any dividend imputation credits.\nHOW ARE CORPORATE ACTIONS TAKEN CARE OF?\nAs a CFD position reflects the exposure of either a purchaser or seller of shares in an underlying company, it will also reflect any capital adjustments or benefits announced by the company. Therefore:\n\n \tOwners of CFDs will partake in corporate actions but are not entitled to any voting rights.\n \tBonus issues, rights issues and stock splits will be replicated in the CFD on the corresponding ex-date. On ex-date client positions will be adjusted to allow for the effect of the corporate action on the market price.\n \tIn respect of allocated rights, the platform does not provide a service to trade rights.\n\nUS RESIDENTS\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","parent_hash":null,"page_hash":"cfds","slug":"cfds-faq","date_add":1474884665,"date_updt":1474884665,"orderindex":0},{"post_id":149,"title":"Introduction","content":"TRADING STOCKS ONLINE WITH HMS MARKETS\r\nIf you have ever thought of trading Stocks online, getting started is easier than ever with HMS Markets. With HMS Markets's award-winning trading platforms, you can access more than 20 of the world's major stock exchanges directly, putting over 12,000 global Stocks at your fingertips. Whether you are interested in Stocks from the US, Europe or Asia, HMS Markets makes it simple and affordable to create and manage the Stock portfolio you've always wanted, with a single versatile account.\r\n\r\nSERIOUS TRADERS NEED SERIOUS TOOLS\r\nWith HMS Markets you'll have access to some of the industry's best active trader tools, including in-depth Equity Research, Stock Screener, risk management tools and world-class technical and fundamental analytics - all designed to help you unlock your online Stock trading potential.\r\n\r\nTAKE CONTROL OF YOUR ONLINE STOCK TRADING\r\nWhen it comes to your financial goals, you're the expert. That's why HMS Markets offers the features and flexibility you need to put your trading ideas into action. Trade Stocks from around the world, manage risk easily and, if you think a Stock will fall, go short using Single Stock CFDs*","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4533-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-introduction","date_add":1474888692,"date_updt":1485184661,"orderindex":0},{"post_id":150,"title":"Exchange Traded Funds","content":"Exchange Traded Funds (ETFs) are mutual investment funds that are traded on a stock exchange. Most ETFs available today are Index-tracking, investing in a specific portfolio of securities following a:\r\n\r\n \tStock or Bond index\r\n \tSpecific Industry or Regional Sector\r\n\r\nDue to the passive nature of index tracking ETFs, management expenses are low; the costs associated with trading passive ETFs are typically lower than for actively managed funds and most mutual funds. Spreads at which passive ETFs are traded are also normally tight.\r\nETF TRADING RATES\r\n\r\n\r\n\r\nCountry\r\nExchange name\r\nExchange\r\nTrading Fees\r\nMin. Fee\r\n\r\n\r\nFrance\r\nEuronext Paris\r\nPAR\r\n0.10 %\r\nEUR 11.95\r\n\r\n\r\nGermany\r\nXETRA\r\nXETRA\r\n0.10 %\r\nEUR 11.95\r\n\r\n\r\nNetherlands\r\nEuroNext Amsterdam\r\nAMS\r\n0.10 %\r\nEUR 11.95\r\n\r\n\r\nSwitzerland\r\nSwiss Exchange\r\nSWX\r\n0.10%\r\nCHF 17.95\r\n\r\n\r\nUnited Kingdom\r\nLondon Stock Exchange\r\nLSE\r\n0.10 %\r\nGBP 7.95\r\n\r\n\r\nUnited States of America\r\nAmerican Stock Exchange\r\nAMEX\r\n2 Cents Per Share\r\nUSD 14.95\r\n\r\n\r\nNASDAQ Global Markets\r\nNASDAQ NM\r\n2 Cents Per Share\r\nUSD 14.95\r\n\r\n\r\n\r\nAVAILABLE ETFS\r\n\r\ndrawWidget('926c3505-226a-4b34-ba28-691e7fb0a5c9', 'en');\r\nDISCLAIMER:\r\nExchange Traded Funds (ETFs) are mutual funds, which are generally required to register for marketing and\/or trading in the individual jurisdiction in which they are publicly offered. Other conditions may apply depending on the jurisdiction in which you live. Please be aware that HMS LUX S.A. recommends that you should only invest in an ETF if it is duly registered in your local jurisdiction. Your order for the purchase of an ETF is deemed as your acknowledgement and confirmation hereof. HMS LUX S.A. shall have no liability for any losses whatsoever, including but not limited to any averse tax implications, you might incur as a result of investing in any ETF not duly registered in your local jurisdiction.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-exchange-traded-funds","date_add":1474888764,"date_updt":1485190337,"orderindex":0},{"post_id":151,"title":"Commission & Conditions","content":"TAXATION ON UK STOCKS\nFor UK stocks, a PTM levy and Stamp Duty may be applicable. A PTM (Panel for Takeovers and Mergers) Levy of GBP 1 applied to buy and sell transactions where the Gross Value of the trade exceeds GBP 10,000.\nTAXATION ON SWISS STOCKS\nFor Swiss stocks, a Stamp Tax of 0.075% is payable on the gross value of the trade.\nS.E.C FEES\nSEC fee's are calculated on the principle amount on SELL trades only. This is calculated as :amount of shares multiplied by the price equals the principal, the principle multiplied by the SEC fee of USD 0.000039 = S.E.C charge\nWHAT IS THE COST OF CONVERTING MY PROFIT AND LOSS?\nCurrency conversions of profits and losses are done using the prevailing closing rate plus\/minus 0.5% as of 17:00 New York Local Time.\nDIVIDENDS FROM STOCK POSITIONS\nDividend payments from stock positions will be credited to your account, less any applicable withholding taxes.\nODD LOTS IN NORDIC MARKETS\nOrders traded in the Nordic markets (Denmark, Sweden and Norway) may be split into an \"even lot\" which will be traded, and a remainder which may be routed to an odd-lot order book. For the parts of an order routed to the odd-lot order book:\n\n \tLimit orders will be filled if possible or left until a fill is possible\n \tMarket orders will be filled immediately if possible, or otherwise cancelled (fill or kill principle)\n\n\ndrawWidget('bada671e-b10d-4bae-ba0b-df28abc3d065', 'en');","featured_image":"","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-conditions","date_add":1474888824,"date_updt":1474888824,"orderindex":0},{"post_id":152,"title":"Subscriber Agreements","content":"CFDS \/ STOCKS\r\nThe HMS Trader 2 Online Subscription Tool will allow clients to subscribe to real-time exchange market data for stocks, CFDs and futures via the trading platform.\r\nThe new tool will not only give easier and faster access to real-time market data, but to the streaming news feeds as well. In general, the news services will continue to be free, although fees may apply to professional users.\r\nThe tool is accessible via the \"Online Subscription Tool\" option under the \"Account\" menu of the trading platform.\r\n\r\n \tClients will need to subscribe individually to each exchange if they want real-time market data.\r\n \tMinimum trades to generate a rebate are listed in a table under section 2 below.\r\n \tOngoing subscription fees will be billed on the first day of the new month.\r\n \tShould a client stop trading a particular exchange for a period of time then we recommend they unsubscribe to real-time data before the end of the current month to avoid being charged for the following month.\r\n\r\nFor more details in regards to the functionality of the Online subscription tool click here.\r\n1. REAL TIME EXCHANGE DATA - MONTLY FEES\r\n\r\n\r\n\r\nExchange Name\r\nLevel\r\nNon Professional Monthly Fees\r\nProfessional Monthly Fees\r\n\r\n\r\nBats Europe\r\nLevel 1\r\nFree\r\n22.00 GBP\r\n\r\n\r\nHong Kong Stock Exchange\r\nLevel 1\r\n120.00 HKD\r\n120.00 HKD\r\n\r\n\r\nHong Kong Stock Exchange\r\nLevel 2\r\n200.00 HKD\r\n200.00 HKD\r\n\r\n\r\nNASDAQ OMX Copenhagen Stockholm Helsinki Exchanges\r\nLevel 1\r\n1.00 EUR\r\nN\/A\r\n\r\n\r\nNASDAQ OMX Copenhagen Stockholm Helsinki Exchanges\r\nLevel 2\r\n5.00 EUR\r\nN\/A\r\n\r\n\r\nNASDAQ\r\nLevel 1\r\n1.00 USD\r\n22.00 USD\r\n\r\n\r\nNew York Stock Exchange (AMEX and ARCA)\r\nLevel 1\r\n1.00 USD\r\n23.00 USD\r\n\r\n\r\nNew York Stock Exchange\r\nLevel 1\r\n1.00 USD\r\n45.00 USD\r\n\r\n\r\nEuronext Stock Exchange\r\nLevel 1\r\n1.00 EUR\r\n63.00 EUR\r\n\r\n\r\nEuronext Stock Exchange\r\nLevel 2\r\n1.00 EUR\r\n91.00 EUR\r\n\r\n\r\n\r\n2. REBATES OF SUBSCRIPTION FEES FOR ACTIVE CLIENTS\r\nClients that subscribe to real-time market data, and trade the required minimum number of trades per calendar month across stocks, and CFDs will receive rebates as indicate in the below table. Rebates are only applicable for non-professional clients subscribing to Level I data.\r\n\r\nThe definition of Non-Professional and Professional subscribers may vary between exchange.\r\n\r\n\r\n\r\n\r\nExchange Name\r\n\r\nCountry\r\n\r\nNon Professional Monthly Fees - Level I\r\n\r\n\r\n\r\nMinimum Trades for Rebate\r\n\r\n\r\nAmerican Stock Exchange (AMEX)\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\nEuronext Stock Exchange\r\n\r\nEurope\r\n\r\nEUR 1.00\r\n\r\n2\r\n\r\n\r\nHong Kong Exchange (HKEX)\r\n\r\nHong Kong\r\n\r\nHKD 120\r\n\r\n3\r\n\r\n\r\nNASDAQ\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\nNew York Stock Exchange (NYSE)\r\n\r\nUnited States of America\r\n\r\nUSD 1.00\r\n\r\n2\r\n\r\n\r\n\r\n3. DISCLAIMER\r\nTo trade stocks, CFDs and futures on live (un-delayed) prices, a subscriber agreement must be established with each relevant exchange. The vendor of real time live market data is Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark. Therefore the Subscriber Agreement will be contracted between the vendor of the market data and you the subscriber.\r\nHMS LUX S.A. cannot guarantee the confidentiality of the information disclosed by the client when signing the Subscriber Agreement. Therefore, disclosure of such confidential information is the sole responsibility of the client\/subscriber.\r\nBy electronically submitting the Subscriber Agreement you automatically agree to:\r\n\r\n1) Permit HMS LUX S.A. to transmit your electronic Subscriber Agreement to Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark and Saxo Bank reporting this information to each relevant exchange at the end of each month.\r\n\r\n2) Acknowledge and accept that HMS LUX S.A. no longer has any responsibility for the data confidentiality which you are disclosing in the above mentioned process.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-agreements","date_add":1474888891,"date_updt":1485258244,"orderindex":0},{"post_id":153,"title":"FAQ","content":"\r\nWHEN CAN I TRADE STOCKS?\r\nStock Trading is available during the relevant exchange hours.\r\nWHAT MARKETS ARE AVAILABLE?\r\nHMS Markets offers Stocks trading on 20 different exchanges.\r\nWHAT ARE THE HELP-DESK HOURS?\r\nThe Help-Desk is open on Luxembourg Business week days from 08.00 CET until 18.00 CET. You can E-mail your questions to Helpdesk@hms.lu or call (+352) 45 11 1 911\r\nWHERE IS MY ACCOUNT HELD?\r\nClient accounts are held with a European Bank\r\nHOW MUCH MONEY IS REQUIRED TO OPEN AN ACCOUNT?\r\nOur minimum opening account size for HMS Trader 2 Platform is EUR 1,000 (For Trading Forex \/ Futures \/ CFDs & Stocks) Clients may only open a cash account for Stock trading trading, margin trading is not available.\r\nWHAT IS THE ROLE OF HMS LUX?\r\nWe are your broker and are committed to provide order execution software and quality back up services.\r\nDOES HMS LUX CO-OPERATE WITH THIRD PARTY PROVIDERS?\r\nYes, in order to provide the best services for our clients, we use other professionals of the financial markets for order routing, clearing, settlement etc\r\nWHAT SHOULD I DO IF I CAN NOT GET OUT OF A POSITION?\r\nYou can use the online Chat\/Helpdesk Function during the Help-desk hours to chat to a member of our hepdesk staff\r\n\r\nOtherwise you can call a member of our helpdesk staff on +352 45 111 911\r\n\r\n\r\nHOW DO I GET STOCK QUOTES?\r\nTo trade CFD Exchange DMA or stocks on live (un-delayed) prices, a subscriber agreement must be established with each relevant exchange. Please refer to Direct Market Access Exchange Agreements\r\nHOW DO I PLACE ORDERS?\r\nStock orders can be placed directly in HMS Trader 2.\r\nWHAT ARE MARKET ORDERS?\r\nMarket orders are orders to buy or sell a stock as soon as possible at the price obtainable on the market, when the stock market is open.\r\nWHAT ARE LIMIT ORDERS?\r\nLimit orders are orders to buy or sell when the market price breaches a specified level. They can be used to open and close positions. For example, a limit order can be used to close an open long position by selling the instrument when the price breaches a specified price level.\r\nDO I HAVE TO PAY ANY STAMP DUTY OR ANY OTHER FEES?\r\nThe Following Taxation and stamp duties apply\r\n\r\nS.E.C Fees\r\n\r\nSEC fee's are calculated on the principle amount on SELL trades only This is calculated as :amount of shares multiplied by the price equals the principal, the principle multiplied by the SEC fee of USD 0.000039 = S.E.C charge.\r\n\r\nTaxation on UK stocks\r\n\r\nFor UK stocks, a PTM levy and Stamp Duty may be applicable:\r\n\r\nA PTM (Panel for Takeovers and Mergers) Levy of GBP 1 applied to buy and sell transactions where the Gross Value of the trade exceeds GBP 10,000. A Stamp Duty is applied on all BUY transactions at the following rate: 0.5 % x (Gross Value + Commission)\r\n\r\nTaxation on Swiss stocks\r\n\r\nFor Swiss stocks, a Stamp Tax of 0.085% is payable on the gross value of the trade.\r\n\r\nWithholding Tax on share dividends\r\n\r\nShare dividends are subject to withholding of tax and hence are credited net to clients' accounts, based on the country where the individual share is traded.\r\nUS RESIDENTS\r\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"dma-cfds","slug":"stocks-faq","date_add":1474889013,"date_updt":1485188075,"orderindex":0},{"post_id":154,"title":"Introduction","content":"HMS Trader 2 is an easy-to-use, fully customizable trading platform that integrates all of the trading, analysis, price monitoring and research functions into one interface.\r\nYour browser does not support HTML5 video.\r\nThere are several new features in the latest version of the HMS Trader 2 that will assist you in trading quickly and efficiently:\r\nCHART SYSTEM\r\nThe new charting system offers more technical analyses and open order tracking.\r\nYour browser does not support HTML5 video.\r\nRead More\r\nPRICE & TRADE BOARD\r\nPrice monitoring and trading from a single list, allowing you to combine instruments from our entire product range.\r\nYour browser does not support HTML5 video.\r\nRead More\r\nWORKSPACES\r\nYour own fully-personalised trading environment, with charts, prices, analyses and modules where you need them.\r\nYour browser does not support HTML5 video.\r\nRead More\r\nINSTRUMENT EXPLORER\r\nQuick access to thousands of instruments and a launching pad for trading, analysis and charting functions.\r\nYour browser does not support HTML5 video.\r\nRead More","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4517-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"introduction","date_add":1474989142,"date_updt":1485188384,"orderindex":0},{"post_id":155,"title":"Chart System","content":"DRAGGING AND ZOOMING\r\nThe new charting system allows you to quickly move around the price data for an instrument:\r\n\r\n \tDrag the chart to see past data.\r\n \tDrag the axes to scale or compress the chart.\r\n \tZoom in and out using the zoom tool.\r\n\r\nANALYSE PATTERNS AND TRENDS\r\nThe new chart system contains a number of facilities to help you analyse patterns and trends including:\r\n\r\n \tLlines and annotations.\r\n \tNew studies, in addition to the existing favourites.\r\n\r\n\r\nTRADING ACCOUNT INTEGRATION\r\nShow open orders directly from your trading accounts.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4525-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"chart-system","date_add":1474990029,"date_updt":1485188479,"orderindex":0},{"post_id":156,"title":"Price & Trade Board","content":"Integrating all trading products into a single trade module, the new Price & Trade board in HMS Trader 2 allows you to monitor market prices for many instruments from a single price list, and trade directly on live prices.\r\n\r\n\r\nFAST, DIRECT TRADING\r\nTrade directly from the Price & Trade Board.\r\n\r\n\r\n\r\nSimply:\r\n\r\n \tclick the Trade box,\r\n \tenter the amount,\r\n \tclick Bid or Ask.\r\n\r\nFULLY CUSTOMISABLE\r\nThe new price board is fully customisable allowing you to add the information you need from prices, % and Net Changes to Futures Trade Volumes and Open Interests.\r\n\r\n","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4518-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"price-trade-board","date_add":1474990219,"date_updt":1485188523,"orderindex":0},{"post_id":157,"title":"Workspaces","content":"CUSTOMISABLE VIEWS\r\nViews allow you quick, convenient access to any number of screen layouts via tabs along the top of the workspace. For example, you could set up:\r\n\r\n \tA trading view, dedicated to frequently-traded or favourite instruments, complete with trade modules, charts, analysis and news for those instruments.\r\n \tAn account view, including your current positions and margin, account statement and account reports.\r\n \tAn analysis view with market reports from top market analysts.\r\n\r\nDOCUMENTS AND PANELS\r\nWithin HMS Trader 2, trading modules and tools can be displayed in different formats. The format you choose depends on the module.\r\n\r\n \tDocuments \u2013 a format best-suited for larger tools that contain a lot of information or text. Documents fill the whole screen and form the basis of a view.\r\n \tPanels \u2013 a more flexible format that allows modules to be located around the documents, moved around the workspace and even placed outside the workspace if you work with multiple screens.\r\n\r\n","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4522-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"workspaces","date_add":1474990320,"date_updt":1485188556,"orderindex":0},{"post_id":158,"title":"Instrument Explorer","content":"SEARCHING AND FILTERING\r\nThe Instrument Explorer contains a number of facilities to help you quickly locate instruments:\r\n\r\n \tType just a few letters of the instrument or company name.\r\n \tDeselect products to show only the products of interest.\r\n \tList instruments by industry sector.\r\n\r\nLAUNCH PAD\r\nInstrument Explorer acts as a launch pad for trading, charting and analysis functions.\r\n\r\n\r\n\r\nAfter selecting one or multiple instruments:\r\n\r\n \tRight-click to open a trade module, price module or chart with the instrument(s).\r\n \tDrag instrument(s) to an existing chart or trade module.\r\n\r\n\r\nFAVOURITES\r\nAdd commonly accessed instruments to your Favourites lists to recall them quickly.\r\n\r\n\r\n\r\nRecently traded instruments can also be quickly recalled from the Favourites list.","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4528-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"instrument-explorer","date_add":1474990701,"date_updt":1485188642,"orderindex":0},{"post_id":159,"title":"Walkthroughs","content":"\n \tGetting Started with Charts\n \tWorking with Charts\n \tAnalysing Charts\n \tUsing Workspace Views\n \tDisplaying Modules\n \tDocking Modules\n\n\n \tForex Spot\n \tForex Order\n \tForex Forward Outright\n \tForex Options\n\n\n \tTrade CFDs\n \tCFD Orders\n\n\n \tStock Orders\n\n\n \tFuture Orders\n","featured_image":"","parent_hash":null,"page_hash":"hms-trader-2","slug":"walkthroughs","date_add":1474990958,"date_updt":1474990958,"orderindex":0},{"post_id":160,"title":"Demo Download","content":"SIGN UP NOW FOR A \"NO OBLIGATIONS\" DEMO ACCOUNT\nTo open your free 20-day trial account, fill out the sign-up form on this page. Once you have submitted the form, your user ID and password will be sent to the email address you specify. These login details will enable you to access both platforms for greater flexibility.\n\n\nDownload the demo version of HMS Trader 2 and trade on an award-winning multiproduct platform: Download HMS Trader\n\n \tOver 160 FX crosses\n \tForex Options and Forward Outrights and Spot Gold and Silver\n \tOver 18,000 Stocks on over 30 of the world's largest exchanges\n \t8,700 Single Stock CFDs, 22 Index-tracking CFDs, 20 Commodity CFDs and CFDs on Forex\n \tOver 200 futures contracts on energies, metals and agricultures\n\nLog in to the demo version of HMS TraderGo and trade on a light platform that you can access from anywhere in the world on the web, on your phone or on your tablet: Click here to log in to the HMS TraderGo\n\n \tOver 160 FX crosses\n \tForex Options and Forward Outrights and Spot Gold and Silver\n \tOver 18,000 Stocks on over 30 of the world's largest exchanges\n \t8,700 Single Stock CFDs, 22 Index-tracking CFDs, 20 Commodity CFDs and CFDs on Forex\n \tOver 200 futures contracts on energies, metals and agricultures\n\nCONTACT US\nIf you have any issues or questions please do not hesitate to contact us:\n\nBy Telephone\n(+352) 45 111 911\nBy E-mail\nhelpdesk@hms.lu","featured_image":"","parent_hash":null,"page_hash":"hms-trader-2","slug":"demo-download","date_add":1474991521,"date_updt":1474991521,"orderindex":0},{"post_id":161,"title":"Open An Account","content":"1. COMPLETE THE ACCOUNT OPENING FORMS\r\nSelect the relevent account type Individual account \/ Joint account \/ Corporate account\r\n\r\n\r\n\r\n\r\n\r\nBest Execution Policy\r\nConflict of Interest Policy\r\n2. PROVIDE ADDITIONAL DOCUMENTATION\r\nThe following documents will need to be provided along with your account application form\r\n\r\nDue diligence documents required for Invidual \/ Joint accounts:\r\n\r\n \tA certified copy of valid ID card (such as passport) containing date and place of birth as well as signature\r\n \tProof of residency stating the registered address: such as a national ID card or drivers license, a bank statement or utility bill (gas, water, electricity or phone bill) issued in the last 6 months\r\n\r\nDue diligence documents required for Corporate Accounts:\r\n\r\n \tArticles or Memorandum of Association (Company Statutes)\r\n \tCertificate of Incorporation & Certificate of Recognition (Licence)\r\n \tRegister of Shareholders\r\n \tMinutes of the Meeting appointing Directors of the Company\r\n \tList of signatory power and examples of\r\n \tIdentification or passport copy of all signatories and beneficial owner(s) and directors\r\n \tMinutes of meeting appointing HMS LUX S.A. as broker\r\n\r\nProfessionals of the financial sector regulated in countries imposing equivalent identification requirements within the meaning of the Luxembourg law of 12 November 2004 (as amended) on the fight against money laundering and terrorist financing (UE, EEE and GAFI) are only required to provide HMS LUX S.A. with\r\n\r\n \tproof of regulation;\r\n \tcomfort Letter;\r\n \tlist of authorised signatories and the certified passport copy of their passport;\r\n \tboard resolution appointing HMS as brokerage company;\r\n \tlist of traders where applicable.\r\n\r\n3. SEND DOCUMENTS TO HMS MARKETS\r\nFor fast processing, send the completed application forms together with the above-mentioned document to HMS LUX S.A by either:\r\n\r\n \tFAX (+352) 45 111 300\r\n\r\n\r\n \tAttached to an email accounts@hms.lu\r\n\r\nPlease be aware that you MUST still submit the original signed application form within 14 days via standard mail.\r\n\r\n\r\nHMS LUX S.A.\r\n\r\nOnline Trading Department\r\n\r\n36-38, Grand-Rue\r\n\r\nL-1660 Luxembourg\r\n\r\nG.D. Luxembourg\r\n\r\n","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"open-account","date_add":1474992950,"date_updt":1495118164,"orderindex":0},{"post_id":162,"title":"COMMISSION CHARGES MARGIN SCHEDULE","content":"MINIMUM ACCOUNT SIZE\nEUR 1,000 (or Equivalent) for a HMS Trader online Trading account\nINTEREST ON FUNDS DEPOSITED ON A HMS TRADER ONLINE ACCOUNT INTEREST ON MAIN AND SUB-ACCOUNTS\nInterest on your main account is calculated on the Net Free Equity and interest on your sub-accounts is calculated on the Account Value.\n\nHowever since the Net Free Equity is calculated on open trade positions on all your accounts it is important to make sure that sufficient cash is available on your main account. Otherwise you risk being subject to a debit interest on your main account exceeding the credit interest payable on your sub-account(s).\nNET FREE EQUITY\nNet Free Equity is defined as:\n\nThe cash balance on the main trading account Plus or minus the value of any unrealised profits or losses from open trade exposures in FX OTC Options, CFDs and futures on the main trading account Minus the value of the funds used for margin requirements\nACCOUNT VALUE\nAccount Value is defined as:\n\nThe cash balance on the individual sub-account Plus or minus the value of any unrealised profits or losses from open trade exposures in FX OTC Options, CFDs and futures on the sub-account\nINTEREST RATES\nThe following interest rates apply to funds deposited on a HMS Trader online Trading account:\n\ninterest will be paid at LIBID minus 1% on the net free equity\ninterest will be charged at LIBOR plus 1% on the net free equity\nCALCULATION AND SETTLEMENT\nInterest will be calculated daily and settled monthly - within 7 business days after the end of each calendar month.\nPOSITIONS HELD UNTIL THEIR VALUE DATE\nOpen Spot Forex positions held at the end of the business day, (17:00 New York time) before their value date, will be rolled over to a new value date on a Tom\/Next basis.\nAs part of the Tom\/ Next roll over operation, positions are subject to a swap charge or credit (swap points), which reflects the interst rate differential of the traded currency pair.\nThe swap points are based on a Tom\/Next swap feed from a tier one bank with an added mark up of +\/- 0.25% based on the overnight interest rates (Reuters Contribution feed), plus an interest component of +\/- 0.75% for any unrealised P\/L on the position based on the same interest rates.\nPRODUCT TRADING RATEs, CONDITIONS AND FREQUENTLY ASKED QUESTIONS\nSee our Forex trading rates\nSee our Forex conditions\nSee our Forex Frequently asked questions\n\nSee our CFD trading rates\nSee our CFD conditions\nSee our CFD Frequently asked questions\n\nSee our Stock trading rates\nSee our Stock conditions\nSee our Stock Frequently asked questions\n\nSee our Futures trading rates\nSee our Futures conditions\nSee our Futures Frequently asked questions\nCFD INTEREST AND ACCRUAL RATES\nIf you hold a CFD after the stock market closes, you are subject to a financing fee or accrual:\n\nWhen you buy a CFD, you are subject to a financing charge at the Inter-Bank Offer Rate for the currency in which the share is traded (e.g. LIBOR plus 3.25%)\nWhen you short sell a CFD, you receive an interest accrual at the Inter-Bank Bid Rate for the currency in which the share is traded (e.g. LIBID minus 2.75%)\n\nIf you open and close a CFD position within one trading day, you are not subject to these charges or accruals.\nCURRENCY CONVERSIONS\nCurrency conversions of trading costs as well as profits and losses from trading activities are done using the prevailing close rate as of 1700h New York Time, plus\/minus 0.5%.\nCASH TRANSFER\nCash Transfers out of the HMS Trader online Trading account will be subject to a charge of EUR 25.00 (or equivalent)\nUS RESIDENTS\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","parent_hash":null,"page_hash":"hms-trader-2","slug":"commission-charges-margin-schedule","date_add":1474993133,"date_updt":1474993133,"orderindex":0},{"post_id":163,"title":"Technical Issues","content":"HMS Trader 2 communicates with the trading server via various TCP Ports. HMS Trader 2 attempts to automatically detect the correct communications settings from your Internet Explorer setup.\r\nIf you are having problems using HMS Trader 2 and you are situated behind a firewall or proxy server, check with your system administrator that the relevant ports are open as follows:\r\n\r\nFor the best performance:\r\n\r\n \tPort 1001 should be open in your firewall\/proxy server for outgoing access to mitssimul.iitech.dk (IP Address 193.178.175.38). This port is used for encrypted communications with the trading server.\r\n \tA HTTP port (port 80 or 8080) must be open; this port is used for program downloads and for web pages in HMS Trader 2.\r\n\r\nOPTIMAL SOLUTION\r\n \r\n\r\n\r\nRaw Protocol Direct\r\n\r\n\r\nRemote Server Settings\r\n\r\n\r\nTrader Server Name\r\nmitssimul.iitech.dk\r\n\r\n\r\nUse HTTP\r\nNo\r\n\r\n\r\nPort\r\n1001(must be open in Firewall)\r\n\r\n\r\nProxy Server Settings\r\n\r\n\r\nConnect Via Proxy Server\r\nNo\r\n\r\n\r\nSOCKS Protocol Version\r\nN\/A\r\n\r\n\r\nServer Name\r\nN\/A\r\n\r\n\r\nPort\r\nN\/A\r\n\r\n\r\nUsername\r\nN\/A\r\n\r\n\r\nPassword\r\nN\/A\r\n\r\n\r\nNotes: Use this configuration if you have a Proxy\/Firewall Client. No further proxy information should be required by HMS Trader 2. If your site uses a firewall, Port 1001 must be opened for IP address 193.178.175.38 or DNS name mitssimul.iitech.dk.\r\n\r\n\r\nAdvantages: This is the preferred operating mode as it allows faster data transfers between the server and the HMS Trader 2.\r\n\r\n\r\n\r\nALTERNATIVE SOLUTIONS\r\nIf it is not possible to open this port due to strict firewall policy, HMS Trader 2 can be configured to use:\r\n\r\n \tHTTP Tunneling via HTTP Proxy\r\nThis has the advantage of not needing port 1001 to be opened but performance is lower than the raw protocol solution.\r\n \tSOCKS Proxy\r\n \tHTTP Tunneling Direct\r\n\r\n \r\n\r\n\r\nHTTP Tunneling via HTTP Proxy\r\n\r\n\r\nRemote Server Settings\r\n\r\n\r\nTrader Server Name\r\nmitssimul.iitech.dk\r\n\r\n\r\nUse HTTP\r\nYes\r\n\r\n\r\nPort\r\nN\/A\r\n\r\n\r\nProxy Server Settings\r\n\r\n\r\nConnect Via Proxy Server\r\nYes\r\n\r\n\r\nSOCKS Protocol Version\r\nN\/A\r\n\r\n\r\nServer Name\r\nDNS or IP Address of HTTP Proxy Server\r\n\r\n\r\nPort\r\nTypically 80 or 8080\r\n\r\n\r\nUsername\r\nUserid for proxy authentication\r\n\r\n\r\nPassword\r\nPassword for proxy authentication\r\n\r\n\r\nNotes:If port 100l cannot be opened (for example due to strict firewall policies), the HMS Trader 2 can be set up to run in HTTP mode where all communications between the server and the HMS Trader 2 use the HTTP Port.\r\n\r\n\r\nAdvantages: Port 1001 does not need to be open on the firewall.\r\n\r\n\r\nDisadvantages: This mode of operation is considerably slower than the raw protocol solution.\r\n\r\n\r\n\r\n \r\n\r\n\r\nSOCKS Proxy\r\n\r\n\r\nRemote Server Settings\r\n\r\n\r\nTrader Server Name\r\nmitssimul.iitech.dk\r\n\r\n\r\nUse HTTP\r\nNo\r\n\r\n\r\nPort\r\n1001(must be open in Firewall)\r\n\r\n\r\nProxy Server Settings\r\n\r\n\r\nConnect Via Proxy Server\r\nYes\r\n\r\n\r\nSOCKS Protocol Version\r\n4(a) or 5\r\n\r\n\r\nServer Name\r\nDNS or IP Address of Socks Proxy Server\r\n\r\n\r\nPort\r\nTypically 1080\r\n\r\n\r\nUsername\r\nUserid for proxy authentication\r\n\r\n\r\nPassword\r\nPassword for proxy authentication (version 5 only)\r\n\r\n\r\nNotes: If your site uses a firewall, Port 1001 must be open for IP address 193.178.175.38 or DNS name mitssimul.iitech.dk.\r\n\r\n\r\nAdvantages:This is the preferred operating mode as it allows faster data transfers between the server and the HMS Trader 2.\r\n\r\n\r\nDisadvantages:Requires a Proxy Server that supports the Socks Protocol.\r\n\r\n\r\n\r\n \r\n\r\n\r\nHTTP Tunneling Direct\r\n\r\n\r\nRemote Server Settings\r\n\r\n\r\nTrader Server Name\r\nmitssimul.iitech.dk\r\n\r\n\r\nUse HTTP\r\nYES\r\n\r\n\r\nPort\r\n80\r\n\r\n\r\nProxy Server Settings\r\n\r\n\r\nConnect Via Proxy Server\r\nNo\r\n\r\n\r\nSOCKS Protocol Version\r\nN\/A\r\n\r\n\r\nServer Name\r\nN\/A\r\n\r\n\r\nPort\r\nN\/A\r\n\r\n\r\nUsername\r\nN\/A\r\n\r\n\r\nPassword\r\nN\/A\r\n\r\n\r\nAdvantages: Does not require Port 1001 to be opened in the firewall.\r\n\r\n\r\nDisadvantages: This mode of operation is considerably slower than port 1001 communications.\r\n\r\n\r\n\r\nREMOTE SERVER SETTINGS\r\n \r\n\r\n\r\nTrade Server Name\r\nThis is the DNS name or IP address of the trading server and should not be changed unless instructed to do so by us.\r\n\r\n\r\nTCP\/IP Port\r\nThe HMS Trader 2 supports a proprietary TCP\/IP protocol for communications with the trading server. This protocol offers efficient communications with the trading server and we recommend it's use where possible.\r\n\r\n\r\nUse HTTP\r\nTo set up the HMS Trader 2 to communicate with the trading server using HTTP tunneling instead of the proprietary protocol, check the Use HTTP check box. This may be required to allow the HMS Trader 2 to communicate with the trading server through your firewall or proxy server.\r\n\r\nThe proprietary TCP\/IP protocol (non-HTTP) is the preferred operating mode as it allows faster data transfers between the server and the HMS Trader 2.\r\n\r\n\r\nProxy Server Settings\r\n\r\n\r\nConnect via proxy server\r\nCheck the Connect via proxy server check box to set up set up the HMS Trader 2 for communications through a proxy server.\r\n\r\n\r\nSOCKs\r\nIf HMS Trader 2 is configured to communicate using the proprietary protocol (recommended configuration), the SOCKs protocol must be used on your Proxy Server and the correct SOCKs version must be selected. Select the SOCKS protocol version in use on your Proxy Server (versions 4a and 5 are supported).\r\n\r\nIf HMS Trader 2 is configured to communicate using HTTP tunnelling (the Use HTTP check box is checked), the proxy is assumed to be a HTTP proxy and the SOCKs protocol is not used.\r\n\r\n\r\nDNS or IP Address\r\nEnter either the DNS name or the IP address of your proxy server as seen from your network. We recommend the use of DNS names where possible as this can make traversing address translation (NAT) solutions simpler.\r\n\r\n\r\nUser Name and password\r\nEnter the User name and Password if required by your proxy server.\r\n\r\nIf your proxy uses the SOCKs protocol version 4a, User Name only is supported by this protocol. SOCKs protocol version 5 supports both User Name and Password.\r\n\r\nHTTP proxies can be configured for User Name and Password for basic or digest authentication.\r\n\r\n\r\nPort\r\nTypical Proxy Ports:\r\nHTTP Proxy : 80 or 8080\r\nSOCKS Proxy : 1080\r\n\r\n\r\nCommunications Settings\r\n\r\n\r\nEnable communications log\r\nCheck the Enable communications log check box to enable logging of communications between the HMS Trader 2 and the trading server. This is typically done for troubleshooting purposes.\r\n\r\n\r\n","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"support","slug":"technical-issues","date_add":1474994071,"date_updt":1485189645,"orderindex":0},{"post_id":164,"title":"Introduction","content":"A NEW WAY TO TRADE - MADE SMARTER, EASIER AND FASTER.\r\nNow you can view market prices on more than 30,000 instruments across FX, CFDs, Futures, Options and Stocks \u2013 anywhere, anytime on any device.\r\n\r\n\r\nSmarter Technology\r\nPersonalise what matters most with a fully scalable platform that sends you instant trade confirmations, so you can monitor, edit and execute on the go.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nEasier access\r\nHMS TraderGo keeps you updated on your trading with easy access from all devices (iOS, Android and Web).\r\n\r\n \tEnjoy the convenience of HTML5 technology for a richer, faster application experience directly in your browser on any device you choose.\r\n \tReview your positions and portfolio development via comprehensive graphics that are easy to understand.\r\n \tAccess a user-friendly and intuitive trade board that allows for instant trading.\r\n \tManage your positions and orders directly from the position module.\r\n\r\n\r\n\r\n\r\n\r\nFaster executions\r\nConnect with your account swiftly and securely with a quicker, lighter platform that delivers fast executions anywhere in the world.\r\n\r\n \tAccelerate your global market access with an online platform optimised for connections anywhere in the world for a genuine anytime, anywhere trading experience.\r\n \tPlace market or limit orders - \"stops\", \"trailing stop\" and \"take profit\" orders - on over 30,000 instruments to protect your positions.\r\n \tQuickly switch between pre-defined watchlists or create your own.\r\n\r\n\r\n\r\n","featured_image":"http:\/\/www.hms.lu\/admin\/wp-content\/uploads\/2017\/01\/HMS-4517-1-800x159.jpg","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"trader-go-introduction","date_add":1475063140,"date_updt":1491571737,"orderindex":0},{"post_id":165,"title":"Commission Charges and Margin Schedule","content":"Minimum account size\r\nEUR 1,000 (or Equivalent) for a HMS Trader online Trading account\r\nInterest on funds deposited on a HMS Trader online Trading account\r\nInterest on main and sub-accounts\r\n\r\nInterest on your main account is calculated on the Net Free Equity and interest on your sub-accounts is calculated on the Account Value.\r\n\r\nHowever since the Net Free Equity is calculated on open trade positions on all your accounts it is important to make sure that sufficient cash is available on your main account. Otherwise you risk being subject to a debit interest on your main account exceeding the credit interest payable on your sub-account(s).\r\nNet Free Equity\r\nNet Free Equity is defined as:\r\n\r\nThe cash balance on the main trading account Plus or minus the value of any unrealised profits or losses from open trade exposures in FX OTC Options, CFDs and futures on the main trading account Minus the value of the funds used for margin requirements\r\nAccount Value\r\nAccount Value is defined as:\r\n\r\nThe cash balance on the individual sub-account Plus or minus the value of any unrealised profits or losses from open trade exposures in FX OTC Options, CFDs and futures on the sub-account\r\nInterest rates\r\nThe following interest rates apply to funds deposited on a HMS Trader online Trading account:\r\n\r\ninterest will be paid at LIBID minus 1% on the net free equity\r\ninterest will be charged at LIBOR plus 1% on the net free equity\r\nCalculation and settlement\r\nInterest will be calculated daily and settled monthly - within 7 business days after the end of each calendar month.\r\nPositions held until their Value Date\r\nOpen Spot Forex positions held at the end of the business day, (17:00 New York time) before their value date, will be rolled over to a new value date on a Tom\/Next basis.\r\nAs part of the Tom\/ Next roll over operation, positions are subject to a swap charge or credit (swap points), which reflects the interest rate differential of the traded currency pair.\r\nThe swap points are based on a Tom\/Next swap feed from a tier one bank with an added mark up of +\/- 0.25% based on the overnight interest rates (Reuters Contribution feed), plus an interest component of +\/- 0.75% for any unrealised P\/L on the position based on the same interest rates.\r\nProduct Trading rates, Conditions and frequantly asked questions\r\nSee our Forex trading rates\r\nSee our Forex conditions\r\nSee our Forex Frequently asked questions\r\n\r\nSee our CFD trading rates\r\nSee our CFD conditions\r\nSee our CFD Frequently asked questions\r\n\r\nSee our Stock trading rates\r\nSee our Stock conditions\r\nSee our Stock Frequently asked questions\r\n\r\nSee our Futures trading rates\r\nSee our Futures conditions\r\nSee our Futures Frequently asked questions\r\nCFD Interest and Accrual Rates\r\nIf you hold a CFD after the stock market closes, you are subject to a financing fee or accrual:\r\n\r\nWhen you buy a CFD, you are subject to a financing charge at the Inter-Bank Offer Rate for the currency in which the share is traded (e.g. LIBOR plus 3.25%)\r\nWhen you short sell a CFD, you receive an interest accrual at the Inter-Bank Bid Rate for the currency in which the share is traded (e.g. LIBID minus 2.75%)\r\n\r\nIf you open and close a CFD position within one trading day, you are not subject to these charges or accruals.\r\nCurrency Conversions\r\nCurrency conversions of trading costs as well as profits and losses from trading activities are done using the prevailing close rate as of 1700h New York Time, plus\/minus 0.5%.\r\nCash Transfer\r\nCash Transfers out of the HMS Trader online Trading account will be subject to a charge of EUR 25.00 (or equivalent)\r\nUS residents\r\nPlease note that HMS Markets does not accept US Citizens or Residents for the time being.","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"hms-trader-go","slug":"trader-go-commission-charges-margin-schedule","date_add":1475063208,"date_updt":1485183512,"orderindex":0},{"post_id":166,"title":"Troubleshooting","content":"The following is a list of problems, error codes and possible solutions that have been encountered when setting up HMS Trader 2:\r\n\r\n\r\n \tConnection Errors\r\n \tKey Errors\r\n \tGeneral Application Errors\r\n\r\nCONNECTION ERRORS\r\n \r\n\r\n\r\nError Message\r\nPossible Causes\/Solutions\r\n\r\n\r\nCould not communicate to the network server, error 3 \u2013 407 proxy authentication required.\r\n\r\nError code 0, no bytes received.\r\n\r\nTimeout error code 0X80040002.\r\nProblems communicating with HMS Markets's servers due to firewall\/proxy problems.\r\n\r\n \tRefer to Technical Issues for HMS Trader 2 configuration alternatives.\r\n \tThe HMS Trader 2 connection settings are configured underTools > Connection Setting from the HMS Trader 2 menu.\r\n\r\n\r\n\r\n\r\nTime out waiting for Proxy reply, error code 0x80040011.\r\nProblems communicating with HMS Markets's servers due to firewall\/proxy problems.\r\n\r\n \tThe client has a proxy server that is not available or is not configured correctly.\r\n \tRefer to Technical Issues for HMS Trader 2 configuration alternatives.\r\n\r\n\r\n\r\n\r\nIllegal Client ID: Error Code: 0x80040009.\r\nThe User ID is not recognised by the login server (you cannot be authenticated).\r\n\r\n \tIncorrect User ID entered, carefully check the User ID.\r\n \tThe simulation account has exceeded the trial period and has been automatically deactivated.\r\n\r\n\r\n\r\n\r\nIllegal Host Name 11001.\r\nHMS Trader 2 cannot connect to HMS Markets's server.\r\n\r\n \tIncorrect host URL in Connection Settings, this is different for the Live and Simulation versions of HMS Trader 2.\r\n \tThe PC does not have a connection to the Internet \u2013 check the Internet connection, for example by opening your web browser and trying to connect to a web page.\r\n \tThe PC is connected to the Internet via a firewall\/proxy which does not have the necessary port open. Refer to Technical Issues for HMS Trader 2 configuration alternatives.\r\n \tThe Internet Service Provider does not recognise the DNS name:\r\n\r\n \tSelect Tools > Connection Settings from HMS Trader 2 menu.\r\n \tDelete the URL or Domain Name.\r\n \tEnter the IP address of HMS Trader 2 server name instead of the URL, for example 193.178.175.48 (live system) or 193.178.175.38 (simulation system).\r\n\r\nNote: This should only be done as a last resort and the DNS name should be used where possible.\r\n\r\n\r\n\r\n\r\nIllegal password: Error Code 0x8004000b.\r\nA wrong password has been entered.\r\n\r\n \tEnter the password again exactly as noted in the welcome email.\r\n \tIf a password has been entered and remembered, delete the contents of the password box and then retype the password.\r\n\r\n\r\n\r\n\r\nYou are currently logged in from IP address x.x.x.x\r\n\r\nPlease close that connection before retrying to connect: Error Code: 0x8004000b.\r\nYou are attempting to open HMS Trader 2 (log into an account) twice.\r\n\r\n \tClose the first instance of HMS Trader 2 before opening another.\r\n\r\n\r\n\r\n\r\n\r\nKEY ERRORS\r\n \r\n\r\n\r\nError Message\r\nPossible Causes\/Solutions\r\n\r\n\r\n0x8009005 \u2013 Could not decrypt session key, Key mismatch.\r\nHMS Trader 2 cannot read the key correctly because:\r\n\r\n \tKey not activated by HMS Markets \u2013 contact HMS Markets to get your key activated.\r\n \tThe key is not stored correctly on the PC. Use the following procedure to correct the problem:\r\n\r\n \tExit then restart the HMS Trader 2.\r\n \tSelect Tools > Key Management > Delete the current key from HMS Trader 2 menu.\r\n \tExit then restart HMS Trader 2 again. A dialog will be displayed during startup instructing you to ether re-import an existing key or generate a new key. ClickOK.\r\n \tSelect Tools > Key Management > Generate new key from HMS Trader 2 menu. A dialog will be displayed instructing you to contact HMS Markets to get the new key enabled. Click OK, HMS Trader 2 will close automatically.\r\n \tContact your HMS Markets representative to activate the new key.\r\n \tOptionally, select Tools > Key Management > Save current key to a floppy to save a backup of your new key. Enter a Pin code when prompted (any code with a minimum of 4 characters) to protect the key on the floppy. This pin code must be entered before the key can be extracted from the floppy.\r\n \tRestart HMS Trader 2 to enable the new key.\r\n\r\n\r\n\r\n\r\n\r\n\r\nKey not been received by HMS Markets.\r\nThe new key generated by HMS Trader 2 was not transmitted correctly to HMS Markets. Use the following procedure to regenerate the key and transmit it to HMS Markets:\r\n\r\n \tSelect Tools > Key Management > Delete the current key from HMS Trader 2 menu.\r\n \tExit then restart HMS Trader 2 again. A dialog will be displayed during startup instructing you to either re-import an existing key or generate a new key. Click OK.\r\n \tSelect Tools > Key Management > Generate new keyfrom HMS Trader 2 menu. A dialog will be displayed instructing you to contact HMS Markets to get the new key enabled. Click OK, HMS Trader 2 will close automatically.\r\n \tContact your HMS Markets representative to activate the new key.\r\n \tOptionally, select Tools > Key Management > Save current key to a floppy to save a backup of your new key. Enter a Pin code when prompted (any code with a minimum of 4 characters) to protect the key on the floppy. This pin code must be entered before the key can be extracted from the floppy.\r\n \tRestart HMS Trader 2 to enable the new key.\r\n\r\n\r\n\r\n\r\nCould not restore key from floppy, Error code: 08009004.\r\nCould not import the encryption key from HMS Trader 2 on one PC to another because of different encryption levels used by the two HMS Trader 2. Use the following procedure to correct the problem:\r\n\r\n \tOn the PC where the key is copied from, select Tools > Key Management from HMS Trader 2 menu and note whether the Use strong encryption checkbox is checked or not.\r\n \tOn the PC where the key is copied to, select Tools > Key Management and ensure the Use strong encryptioncheckbox is the same as on the original PC.\r\n \tSelect Load key from floppy and enter the Pin code to access the key when prompted. A dialog will be displayed when the key has been successfully loaded from the floppy. Click OK to automatically restart HMS Trader 2 and enable the key.\r\n\r\n\r\n\r\n\r\nCould not restore key.\r\nCould not load the encryption key into HMS Trader 2. Use the following procedure to correct the problem:\r\n\r\n \tFormat a floppy on the PC that is going to receive the key (the new instance of HMS Trader 2).\r\n \tInsert the disc in the PC where the key is to be copied from and select Tools > Key Management from HMS Trader 2 menu. Select Save current key to a floppy to save a backup of your new key and enter a Pin code when prompted (any code with a minimum of 4 characters) to protect the key on the floppy. This pin code must be entered before the key can be extracted from the floppy.\r\n \tInsert the disc in the PC where the key is to be copied to and select Tools > Key Management and select Load key from floppy and enter the Pin code to access the key when prompted. A dialog will be displayed when the key has been successfully loaded from the floppy. Click OK to automatically restart HMS Trader 2 and enable the key.\r\n\r\nIf this does not work, on the PC receiving the key:\r\n\r\n \tReinstall the HMS Trader 2.\r\n \tSelect Tools > Key Management, select Load key from floppy and enter the Pin code to access the key when prompted. A dialog will be displayed when the key has been successfully loaded from the floppy. Click OK to automatically restart HMS Trader 2 and enable the key.\r\n\r\n\r\n\r\n\r\n\r\nGENERAL APPLICATION ERRORS\r\n \r\n\r\n\r\nError Message\r\nPossible Causes\/Solutions\r\n\r\n\r\nA newer version of this application is on the server. Please re-download this installation.\r\nAttempting to install HMS Trader 2 from an old installation file that is not longer valid. Download and install HMS Trader 2 again from HMS Markets web site.\r\n\r\n\r\nConnection Wrapper :: INIT OBJECT class not registered, HMS Trader 2 failed to initialise connection object.\r\nThis can occur during upgrade of HMS Trader 2. Some files have not been registered. Reinstall HMS Trader 2.\r\n\r\n\r\nGetting the upgrade message repeatedly when logging into HMS Trader 2.\r\nHMS Trader 2 is not being upgraded correctly. This is possibly caused by an intermediate proxy server caching old upgrade files and sending them to HMS Trader 2 instead of newer upgrade files.\r\n\r\n \tDownload and reinstall HMS Trader 2 from HMS Markets web site.\r\n \tIf the problem persists, refer the case to HMS Markets's technical support for further investigation.\r\n\r\n\r\n\r\n\r\nCFD Module receives no price updates.\r\nIf CFD trading should be allowed in the client's account:\r\n\r\n \tThe account may not allow CFD trading and is enabled for Forex only. Contact a HMS Markets representative to get CFD trading enabled.\r\n \tSpread-based trading may not enabled in the account. Contact HMS Markets to get spread-based trading enabled.\r\n\r\n\r\n\r\n\r\nForex Trade module not not available in Trading > Forex menu.\r\nContact a HMS Markets representative to ensure that both the Forex and CFD trading are enable for the client.\r\n\r\n\r\nCould not view the ,000 in the amount on the Forex Trading bar.\r\nThe PC running HMS Trader 2 is running non-compatible regional settings.\r\n\r\nChange the regional settings of the PC to use your preferred digit separators and decimal symbols:\r\n\r\n \tOpen the Control Panel on your PC by selecting Start > Settings > Control Panel.\r\n \tSelect Regional Options.\r\n \tSelect the Numbers tab.\r\n \tSelect your preferred Decimal symbol and Digit grouping.Note: the Decimal symbol and Digit grouping must be different. For example, if the Decimal symbol is the point symbol (\".\"), the Digit separator must not be the point symbol and is usually the comma symbol instead.\r\n \tSelect OK to apply the new settings and close the Regional Setting dialog.\r\n\r\n\r\n\r\n\r\nOperation return code = regdb_e_class not read (80040154).\r\nHMS Trader 2 is not registered correctly in the PCs operating system \u2013 reinstall HMS Trader 2.\r\n\r\n\r\nSummary module \u2013 Sorry you aren't entitled to use this function.\r\nUse the following procedure to rectify the problem:\r\n\r\n \tClose the Client Summary in HMS Trader 2.\r\n \tClose HMS Trader 2 and select Yes when asked if you want to save changes.\r\n \tRestart HMS Trader 2 and log on.\r\n \tOpen the Client Summary (Account > Client Summaryfrom the Client Station menu).\r\n\r\n\r\n\r\n\r\nTrade Recaps : The following error was reported while trying to connect to Actuate e.Reporting Server \"rep1pro\":HTTP error code 401, Description:Illegal password.\r\nClient has changed password in HMS Trader 2, and the new password has not synchronised with the Recaps System.\r\n\r\nRefer the case to HMS Markets for further investigation.\r\n\r\n\r\n","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"support","slug":"troubleshooting","date_add":1475063275,"date_updt":1485189750,"orderindex":0},{"post_id":167,"title":"FAQ","content":"WILL THE HMS TRADER 2 RUN ON MY COMPUTER?\nTo run the HMS Trader 2 you need:\n\n \tA PC running Windows (see next question)\n \tAn Internet connection\n \tInternet Explorer 5.5 or later\n \tA 1024 x 768 or higher screen resolution\n\nWILL THE HMS TRADER 2 WORK ON MY VERSION OF WINDOWS?\nThe HMS Trader 2 will work on all of the following:\n\n \tWindows XP\n \tWindows 7\n \tWIndows 8\n \tWindows 2003 Server\n \tWindows 2008 Server\n\nThe Microsoft .Net (\"dot-net\") version 1.1 framework must be installed on your computer in order to operate HMS Trader 2.\nWILL THE HMS TRADER 2 RUN ON INTERNATIONAL VERSIONS OF WINDOWS?\nThe HMS Trader 2 will work on many international Windows Operating system versions including:\n\n \tFrench\n \tGerman\n \tBulgarian\n \tArabic\n \tItalian\n \tRussian\n\nWILL THE HMS TRADER 2 WORK IF IT IS LOCATED BEHIND A FIREWALL?\nThe HMS Trader 2 is designed to operate securely through a firewall.\n\nThe HMS Trader 2 attempts to automatically detect the correct communications settings from Internet Explorer. If you are having problems and are situated behind a firewall or proxy server, check with your system administrator that the relevant ports are open as follows:\n\n \tA HTTP port (port 80 or 8080) must be open. This port is used for program downloads and for web pages in HMS Trader 2.\n \tPort 1001 must be opened for access to the simulation server: mitssimul.iitech.dk (IP address 193.178.175.38), live server: mitslive.iitech.dk (IP address 193.178.175.48). This port is used for encrypted communication with the trading server.\n\nCAN I CHANGE THE LAYOUT OF HMS TRADER 2?\nThe HMS Trader 2 layout can be completely customised enabling you to:\n\n \tAdd, name, edit or delete Views (with their access tabs) from the View menu\n \tAdd modules to a view from the Trading menu\n \tSave changes to the workspaces from the File menu. You will also be asked if you want to save any changes when you exit the HMS Trader 2\n\nHMS Trader 2 also features a docking system that allows you to glue modules to fixed places within a View. Modules can be displayed in a variety of different formats, including tabbed documents and free-floating panels that allow you to place modules outside of the workspace (ideal if you are working with more than one screen).\nHOW DO I KNOW IF I HAVE THE LATEST VERSION OF THE HMS TRADER 2?\nYou will always have the latest version of the HMS Trader 2.\n\nWhenever you start the HMS Trader 2, it automatically checks for updates and notifies you when an update is available. You can then choose to update immediately or wait for a more convenient time.\nCAN THE HMS TRADER 2 SHOW MY ACCOUNT SUMMARY?\nYou will always have access to your latest trading and trade related information:\n\n \tYour trading account and status\n \tAll trading positions including up-to-date profits\/losses on each position\n \tTrade activities (in a Trade Log)\n \tAll communications sent from the trading platform, e.g. charts, trade confirmations etc. (in an Activity Log)\n \tComprehensive log of booked and executed trades\n\nARE COMMUNICATIONS BETWEEN THE HMS TRADER 2 AND CLIENTS SECURE?\nAll communications between the HMS Trader 2 and the client are well encrypted using the Microsoft CrytoAPI and uses the Microsoft Base (or Enhanced) Cryptographic Provider. The encryption algorithms used are the RSA public key exchange algorithm and the RC4 stream encryption algorithm with a session key length of 40 or 128 bits.\n\nThe HMS Trader 2 uses private\/public key pairs to authenticate users and these key pairs are randomly generated from the HMS Trader 2. The public key is automatically kept at HMS Trader for storage and the private key is stored on the client's machine. The private key can be either 512 or 1024 bits long and for all practical purposes, is impossible to break.\n\nWith proper local administration of their User ID and Password, clients can be fully confident that they are well protected against misuse of their accounts from the Internet.\nHOW \"LIVE\" ARE THE PRICES IN THE HMS TRADER 2?\nFX and CFDs prices are streamed to the platform directly through our liquidity providers.\n\nHMS Trader 2 supports direct Forex trading on major currencies up to USD 20,000,000 directly from the our price feed; thus making dealing quicker, more convenient and efficient. Our prices are highly competitive and we maintain a low fixed spread between the bid and ask prices, except in extreme market conditions. This tight spread is further proof of the quality and immediacy of the price data we provide.\n\nLive prices on Futures are streamed to the platform from the exchanges via a data vendor. In order to view live prices, clients must sign an agreement with the particular exchange on which the instrument is traded (where applicable).\nCAN I USE THE LIVE HMS TRADER 2 FROM MULTIPLE PCS USING THE SAME LOGIN (USER ID AND PASSWORD)?\nThe HMS Trader 2 can be used on several different PCs using the same User ID and password (but not at the same time).\n\nFor example, to trade on your laptop as well as your desktop simply copy your security key from your original PC (where the key was created) to the other PCs.\n\n \tInsert a blank disk into the PC where the original HMS Trader 2 is installed.\n \tLog on to the HMS Trader 2.\n \tSelect Tools > Options > Key Management > Backup Key.\n \tEnter a password when prompted (any code with a minimum of 4 characters) to protect your key. This pin code must be entered correctly before the backup key can be reloaded.\n\nTo install your HMS Trader 2 account on another PC:\n\n \tDownload and install HMS Trader 2.\n \tLog on using your assigned User ID and the Password you selected during registration.\n \tWhen you first log onto the live HMS Trader 2, a dialogue will be displayed instructing you to generate a key. Click OK\n \tThe Key Management dialogue will open, allowing you to set up the security key for your trading system.\n \tClick Load backup key\n \tEnter the location (drive and folder) where the backup copy of your security key is located. To do this, click Browse and select a drive and folder accessible from your PC.\n \tEnter the password you used to protect your key and click Next\n \tA dialogue will be displayed to inform you that the key was successfully copied to this computer. Click OK to acknowledge this dialogue.\n","featured_image":"","parent_hash":null,"page_hash":"support","slug":"faq","date_add":1475063310,"date_updt":1475063310,"orderindex":0},{"post_id":168,"title":"Contact Us","content":"\r\n\r\nHMS LUX S.A.\r\n36-38, Grand-Rue\r\nL-1660 Luxembourg\r\nG.D. Luxembourg\r\nTel: +352 45 111 1\r\nFax: +352 45 111 300\r\nInfo@hms.lu\r\n\r\n\r\nThe HMS LUX S.A. Offices are ONLY open on Luxembourg Business days from 08:00 CET to 18:00 CET. Any transactions entered into outside of the office hours of HMS LUX SA. via an online platform are placed by the client with full knowledge that only electronic intervention by the client is possible during these hours.\r\n\r\nIf you are interested in opening an account, please follow these instructions.\r\nIf you are already trading with us and have questions about your account, please contact your Account Representative.\r\nFOR FURTHER INFORMATION OR ASSISTANCE PLEASE DO NOT HESITATE TO CONTACT ONE OF THE BELOW DEPARTMENTS\r\nOnline Helpdesk\r\nTel: +352 45 111 911\r\nHelpdesk@hms.lu\r\n\r\nAdministration\r\nTel: +352 45 111 1\r\nInfo@hms.lu","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"support","slug":"contact-us","date_add":1475063336,"date_updt":1485189835,"orderindex":0},{"post_id":169,"title":"Commissions","content":"","featured_image":"","parent_hash":null,"page_hash":"futures","slug":"futures-commissions","date_add":1475063751,"date_updt":1475063751,"orderindex":0},{"post_id":183,"title":"Online Trading","content":"\r\n\u2190 Forex\r\nTrade over 160 currency crosses on live streaming prices.\r\nStreaming Forex prices on vanilla options.\u00a0Read More\r\n\r\n \r\n\u2190 CFDs\r\nLeverage stocks from 20 exchanges.\r\nInvest directly in 11 major stock indices with Index CFDs.\u00a0Read More\r\n\r\n \r\n\u2190 Futures\r\nTrade over 200 online futures contracts on 16 exchanges.\u00a0Read More\r\n\r\n \r\n\u2190 Stocks\r\nTrade stocks from 20 exchanges online at competitive prices. Read More\r\n\r\n ","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"hms-trader-2","slug":"online-trading","date_add":1484574504,"date_updt":1485189442,"orderindex":0},{"post_id":274,"title":"Holiday Schedule","content":"Holiday Schedule - Easter 2017\r\n\r\nPlease note that the HMS Helpdesk will be closed on Monday 17th April 2017 due to the Easter weekend.\r\n\r\nAll European Futures, Stock (and CFD) exchanges will also be closed for trading on Friday 14th April 2017 and Monday 17th April 2017\r\n\r\nU.S., Canada and Singapore Futures, Stock (and CFD) exchanges will be closed on Friday 14th April 2017 however will be open for regular trading on Monday 17th April 2017\r\n\r\nTokyo Futures, Stock (and CFD) exchanges will be open for regular trading on Friday 14th April 2017 and on Monday 17th April 2017\r\n\r\nAny transactions entered into during this holiday period are entered into by the Client with the full knowledge that only the Electronic Intervention by the Client is possible during these days. The Client acknowledges that CFD's, futures and stocks can only be traded during the relevant exchange opening hours","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"","slug":"holiday-schedule","date_add":1491570683,"date_updt":1491570827,"orderindex":0},{"post_id":297,"title":"Margin Changes","content":"Upcoming Margin Changes from 16th August 2017 at 08.00 GMT\r\n\r\nDue to the growing tension between North Korea and the USA, we are increasing FX and CFD margin rates on Wednesday 16 August 2017, at 08:00 GMT, to reduce your risk against the potential high volatility, rapid price movements or market gaps that may occur in case of further political escalation.\r\n\r\n\r\n\r\nFX\r\nNew margin rate\r\n\r\n\r\n\r\n\r\nUSD\r\n4%\r\n\r\n\r\nEUR\r\n4%\r\n\r\n\r\nJPY\r\n5%\r\n\r\n\r\nAUD\r\n5%\r\n\r\n\r\nCAD\r\n5%\r\n\r\n\r\nCHF\r\n5%\r\n\r\n\r\nNOK\r\n5%\r\n\r\n\r\nNZD\r\n5%\r\n\r\n\r\nSEK\r\n5%\r\n\r\n\r\nHUF\r\n5%\r\n\r\n\r\nSGD\r\n5%\r\n\r\n\r\nDKK\r\n5%\r\n\r\n\r\nPLN\r\n5%\r\n\r\n\r\nCZK\r\n5%\r\n\r\n\r\nKRW\r\n30%\r\n\r\n\r\n\r\n\r\n\r\n\r\nCFD\r\nNew minimum margin rate\r\n\r\n\r\n\r\n\r\nAll Index CFDs\r\n6%\r\n\r\n\r\n\r\n\r\n\r\n\r\nStocks & ETFs\r\nNew minimum margin rate\r\nCollateral\r\n\r\n\r\n\r\n\r\nKorean Stocks\r\n40%\r\nNone provided on physical shares\r\n\r\n\r\nInverse VIX ETFs\r\n40%\r\nNone provided on physical ETFs\r\n\r\n\r\n\r\n\r\n\r\n\r\nFutures & Listed Options\r\nMinimum margin rate\r\n\r\n\r\n\r\n\r\nFX\r\n5%\r\n\r\n\r\nEquity Index\r\n6%\r\n\r\n\r\n\r\nTo see the upcoming changes to margin rates and collateral requirements, please go to Account \u2013 Margin and Collateral Changes in the trading platform.\r\n\r\nIf your have open positions in any of the affected markets, please ensure that you monitor your positions carefully and that you maintain sufficient funds in your account to meet the increased margin requirements during this period.\r\nIf you have any questions please do not hesitate to contact the helpdesk on the below numbers\r\n\r\nHMS Online Trading Helpdesk\r\nHMS LUX S.A.\r\nTel: (+352) 45 111 911\r\nFax: (+352) 45 111 300\r\nEmail: Helpdesk@hms.lu","featured_image":"","post_style":"top","parent_hash":null,"page_hash":"","slug":"margin-changes","date_add":1493277239,"date_updt":1502453611,"orderindex":0}]}