Board Lot Table Glossary of Trading Terms
Buying Formula Philippine Holidays
Contact Information Selling Formula
Fees Trading Hours



For customer support, you can reach 2tradeAsia.com through the  following:
Phone Number (632)856-7680
Fax Number (632) 813-0865
Email customercare@2tradeasia.com
Address 17th Floor Lepanto Building, 8747 Paseo de Roxas, Makati City 1226 Philippines
[back to top]




 Fees
1/4 of 1% on gross value or
Php 20.00 whichever is higher		 Commission rate for all online transaction including Good 'til cancelled (GTC) transaction.
1/2 of 1% on gross value or
Php 40.00 whichever is higher		 Commission rate for all offline/broker-assisted transactions.
P300.00* Fee to deposit stock certificate to 2TradeAsia.
*Applies after account with 2TradeAsia has already been opened.
US$50.00* 2TradeAsia account closure.
*Figure may vary depending on exchange rate fluctuations.
* Trade Charges for Philippine-listed Stocks (in Philippine peso unless otherwise stated)
[back to top]



 Trading Hours ( Philippine Time )
 Pre-open Period 9:00 a.m. - 9:30 a.m.
 Market Open 9:30 a.m. - 12:00 nn
 Run-off Period 12:00 nn - 12:10 p.m.
 Trading Ends 12:10 p.m. onwards
[back to top]




 Philippine Holidays
 New Year's Day January 1
 Day of Valor (Araw ng Kagitingan) April 9
 Holy Thursday  
 Good Friday  
 Labor Day May 1
 Independence Day June 12
 All Saint's Day November 1
 All Soul's Day November 2
 Bonifacio Day November 30
 Christmas Day December 25
 Rizal Day December 30
 Special Public Holiday December 31
[back to top]




 Glossary of Trading Terms:
Mainboard lot

This refers to multiples of board lot required to trade main board. Also, required lots usually change depending on the price range of a particular stock. (refer to BOARD LOT TABLE in General info/fees for details).

Oddlot

Volume that falls below the main board's minimum number of shares.

Day Order

Refers to posted orders good only for the day's trading session.
GTC Order

GTC stands for "good-till-cancelled orders." These are posted orders which remain queued for seven calendar days beginning the day they were posted.

Invalid Volume

The Philippine Stock Exchange rejects GTC postings if board lots change because of changes in price range. 2TradeAsia will e-mail customers if their unexpired GTC posting has been cancelled due to invalid volume.

Partially cancelled

Refers to unmatched postings that were cancelled by customers.
[back to top]




Board Lot Table:
Price ranges Main Fluctuations Share Per Board Lot
0.0001 - 0.0099 0.0001 1,000,000
0.01 - 0.049 0.001 100,000
0.05 - 0.249 0.001 10,000
0.25 - 0.495 0.005 10,000
0.5 - 4.99 0.01 1,000
5 - 9.99 0.01 100
10 - 19.98 0.02 100
20 - 49.95 0.05 100
50 - 99.95 0.05 10
100 - 199.9 0.10 10
200 - 499.8 0.20 10
500 - 999.5 0.50 10
1,000 - 1,999 1.00 5
2000 - 4998 2.00 5
5000 - UP 5.00 5
[back to top]




Buying Formula
Extension Number of Shares Bought x Buying Price
Commission Extension x (1/4 of 1%) or P20.00 (which ever is higher)
VAT Commission x 0.12
PSE Transaction Fee Extension x 0.0001
PCD Extension x 0.00012
Total buying net amount Stock Purchase Cost + Commission + VAT + PSE + PCD
[back to top]




Selling Formula
Extension Number of Shares Sold x Market Price at which it was sold
Commission Extension x (1/4 of 1%) or P20.00 (which ever is higher)
VAT Commission x 0.12
Sales Tax Extension x 0.005
PSE Transaction Fee Extension x 0.0001
PCD Selling Charge Extension x 0.00012
Total selling net amount Extension - Commission - VAT - Sales Tax - PCD - PSE
[back to top]