A limit order may be split into several orders and executed at different prices during the same business day or any following business day. If your order is only partially filled, and any part of the unfilled portion of the order is completed on subsequent business days, you will be charged separately for each partial order. As a result, the total charge may differ from the original estimate provided. In the case of securities traded on the Malta Stock Exchange, there may be instances where a minimum amount needs to be held by the investor in accordance with the terms and conditions of the security’s prospectus. In such circumstances, when an order is only partially filled and the minimum holding requirement is not met, the remaining unfulfilled part of the order will remain pending until the trade is settled in full.

A limit price on sell orders must not be more than 5% below nor more than 30% above estimated price. If you would like to submit a sell order with a limit price outside such boundaries, you will need to place your limit order offline by calling us on +356 2557 4400 during opening hours. A limit price on buy orders must not be 5% above nor more than 30% below estimated price. If you would like to submit a sell order with a limit price outside such boundaries, you will need to place your limit order offline by calling us on +356 2557 4400 during opening hours. As from 3rd January 2018, in line with the provisions of the second Markets in Financial Instruments Directive (MiFID II), prices on equities and ETFs for limit orders are to be entered in accordance with the applicable decimal price increments (tick size) for the respective financial instrument. A tick size is the minimum upward or downward price movement of a security and is determined by the stock exchange where the security is traded. For example, if the tick price of a security is EUR 0.01, when submitting a limit order on that security, the limit price that you enter must be a multiple of EUR 0.01 as the price of the security can only vary by multiples of EUR 0.01. Limit orders placed with an incorrect tick size multiple may be rejected. You can check the tick sizes of equities traded on the Malta Stock Exchange by clicking here.

Cancellation of pending orders is subject to the following rules: We cannot guarantee that requests for cancellation of orders will be executed, in particular if such requests have been validly received after the order has already been executed, or if such cancellation is not possible because of the regulation and operational rules of the markets concerned.

Proceeds from sales of investments will be reflected in your Current Account immediately after the trade is executed. The sale proceeds shall be available for withdrawal or further investment once the trade has settled. Proceeds from sales of holdings within the advisory portfolio or MeManaged will be reflected in your Investment Cash Account linked to the portfolio.

The securities in your portfolio can all be viewed in one place by logging onto your Online Banking and clicking on ‘My Investments’ clicking ‘Overview’ and selecting the portfolio you wish to view. This is where you will be able to find information about the value of your investments, their book cost and an estimate of the unrealised gains or losses related to each security in your portfolio.

The prices quoted on the Online Trading platform for international Equities and ETFs are, wherever possible, real-time. The source for prices is cboe.com and are as quoted on BATS exchanges. We do not guarantee their accuracy. These prices are indicative only and not guaranteed at execution. Bonds and mutual funds prices display previous day closing prices and prices for Maltese Equities are delayed by 15 minutes. These price quotes serve only as an indication of the real-time market price.

The trading platform is available 24/7, but you can trade only on working days during the following hours:

Transaction charges can be found in our Tariffs & Charges Schedule for Investment Services.

No, the custody service is provided at no additional cost.

Your securities will be held in segregated custody accounts with robust, investment grade rated global providers of custody and safekeeping services. Such accounts are held in the name of MeDirect as nominee for its clients.