FAQ

Physical Share Certificate must be converted to electronic form and registered at Yangon Stock Exchange. This process is called Demat Process. Then, shares can be traded at Yangon Stock Exchange.

To do the Demat Process, you can fill the Dematerialization Request Form together with Physical Share Certificate at the time of securities trading account opening. It will take about 2 days to a month based on the process with Yangon Stock Exchange and Listed Companies.

Required amount must be deposited to Client Trading Bank Account to buy shares via uab internet banking or the nearest uab branches or remittance from other Banks. You can transfer money easily to Trading Bank Account by using internet banking.

You can place buy/sell order by using online trading application or by visiting to uab securities Limited Head Office or calling to our Marketing Officer on weekday (9:00 am to 5:00 pm) except public holiday.

The trading hours of YSX is from 9:30 AM to 1:00 PM.

The matching time at YSX is 10:00 AM, 10:30 AM 11:00 AM, 11:30 AM, 12:00 PM, 12:30 PM and 1:00 PM. 

Orders will be accepted from 9:00 AM to 1:00 PM for the current day.

Pre-orders will be accepted from 1:00 PM to 4:30 PM for next trading day.

Share price will be matched between the highest and lowest price on the base price.

E.g - If the base price of the share is 5,000 MMK (the price limit is +/- 1000 MMK), the highest price will be 6,000 MMK and the lowest price will be 4,000 MMK.

Market order buy or sell securities at the price within the highest and lowest price of the day. (Dealers will calculate estimated total cost with the highest price for buying and the lowest price for selling)

Limit order buy or sell securities at the specified price of the shares. (Limit highest price for buying and lowest prices for selling)

Pros – Market Orders will be the first priority for order execution.

Cons – Sometimes buy orders are executed at highest price and sell orders are executed at the lowest price.

Pros – Limit orders can set the specified price. It limits the highest price for buying and lowest price for selling. Sometimes orders will be executed with the better price.

Cons – Limit orders will be the second priority for order execution. All limit orders may not be executed.

Brokerage charges and government stamp duty (0.1% of trading value) will be collected for buying shares. Only brokerage charges will be collected for selling shares.

Brokerage charges and government stamp duty are the same for all securities companies as it is set by Securities and Exchange Commission of Myanmar (SECM).

Matching price is the same for each securities and the matching is done with Price-Time Priority.

If Buy, the highest price of the order will be executed as the first priority. If the price is the same, the earliest orders will be executed first.

If Sell, the lowest price of the order will be executed as the first priority. If the price is the same, the earliest orders will be executed first.

Trade confirmation email will be automatically sent to your email address which includes the executed share quantity, price, time and order type once the trade is executed at 10:00 AM or 10:30 AM or 11:00 AM or 11:30 AM or 12:00 PM or 12:30 PM or 1:00 PM.

You will receive Contract Note which includes the details of your trade transaction such as trade date, settlement date, executed quantity and price, brokerage charges, government stamp duty and total amount.

If you want to withdraw the sell amount or unused amount from the Trading Bank Account, you have to request the withdrawal form by visiting to uab securities Limited Head office or sending email to [email protected] or sending fax to 01-504 836.

Withdrawal process will be started at 4:00 PM and we will transfer only to the Personal Bank Account which was provided at the time of securities account opening.

You can withdraw the requested amount by using ATM Machine or going to uab branches next day. Sell amount can be withdrawn only on T+3 settlement.

You can modify or change your account information with Amendment Request Form together with supportive documents.

If you want to transfer your shares to uab securities Limited, you can request your existing securities company by providing uabscClient ID.

You can check the cash and securities balance by using mobile application or website or calling to uab securities Limited Head Office.

You can change the password from Mobile Application or Website by the following paths.

In MOB - Menu>Account>Change Password

In WEB - Menu>User Profile>Change Password

You can reset the password from Mobile Application or Website by using Client ID, Email and Date of Birth.

Market Time Order will be valid until 1 pm for a day. After Market Time, order will be valid from 1:01 pm until 9:30 am tomorrow.

You can cancel the order by using online trading application or calling to Marketing Officer of uab securities Limited. Order will be cancelled by a responsible person from uab securities if the conditions set in the Client Agreement are met or insufficient funds or securities.

You can submit written application along with the following documents:

      - Data Amendment Request / Closing Account Form with your signature.

      - Copy of identification card for individual client.

      - Original of Board of Resolution for corporate client.

Order simply means the submission of demand to purchase or sale of securities.