February 7, 2007
GMO Internet Securities Introduces General (Unrestricted) Margin Trading
Flat rate commission ¥150 per transaction on unrestricted margin trading
- GMO Internet Securities Inc.
Tokyo – February 7, 2007 -- The GMO Internet group company, GMO Internet Securities will offer general (unrestricted) margin trading (by contract) beginning February 19, 2007.
The new service increases the number of stocks that can be traded on margin and offers more conveniences such as the ability to trade a company’s stock right from the first day of its initial public offering. Commissions, like those on other GMO Internet Securities services, are price competitive. Our industry low prices help more customers to trade on the stock exchange.
The ¥100 campaign we are currently running will be applied to transactions made between February 19 and March 30. GMO Internet Securities customers will be able to trade on margin for just ¥100 per transaction.
General (unrestricted) Margin Transaction Commissions (tax included)
Per transaction
|
Regular Commission
|
¥100 Campaign Commission
(applicable to transactions made up until March 30)
|
¥150 flat rate
|
¥100 flat rate
|
*The above commissions apply to the Tokyo and Osaka stock exchanges.
*After the completion of the ¥100 Campaign the JASDAQ commission will be ¥150 plus ¥200 for every ¥1 million of the total transaction.
Fixed Daily Rate
|
Transaction Value
|
Regular Commission
|
Up to ¥100,000
|
¥0
|
|
Up to ¥500,000
|
¥280
|
|
Up to ¥1 million
|
¥550
|
|
Up to ¥10 million
|
¥900
|
|
Up to ¥50 million
|
¥1,800
|
*The above commissions apply to the Tokyo and Osaka stock exchanges and JASDAQ.
*Transactions over ¥50 million will incur an additional charge of ¥1,800 and a further ¥1,800 for each additional ¥50 million.
Interest and Margin Trading Fees
|
General (unrestricted) Margin Trading
|
Interest
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Buy-side interest: 3.2% per annum
Sell-side interest: not applicable
|
Stock Loan Fees
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Not applicable
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*New sell orders can not be placed under general (unrestricted) margin trading
Stock Handling General (unrestricted) Margin Trading
GMO Internet Securities will handle margin trading on the following markets and stock.
Stock on the Tokyo Stock Exchange (including the Mothers Market)
Stock on the Osaka Stock Exchange (including the Hercules Market)
Stock on the JASDAQ stock exchange (including Market Make stock)
System Margin Trading
|
General (unrestricted) Margin Trading
|
System Margin stock on the above markets
(new sell-orders are restricted to loanable stock only)
|
All stock on the above markets
(new sell-orders are not permitted)
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*Transactions on certain stocks may be restricted in accordance with the regulations of the relevant stock exchange or by decision of this company.
GMO Internet Securities continues to respond to the diverse needs of our customers and strives to provide a comprehensive financial service, a diverse range of products and easier, more convenient services.
Media Inquiries
GMO Internet Securities Corporate Strategy Office
E-mail: [email protected]
GMO Internet Inc. Group PR Team
E-mail: [email protected]
The GMO Internet Group
The GMO Internet Group is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services in Japan. We provide web hosting, e-commerce tools, domain registration, Internet advertising, online securities trading and a host of other services to over 22 million individual and 550 000 corporate customers. Striving to redefine the industry and foster a vibrant Internet culture, the GMO Internet Group is continuously working to inspire enthusiasm in our customers and put smiles on their faces.
GMO Internet Securities Inc.
Company Name
|
GMO Internet Securities Inc. http://sec.gmo.jp/
|
Address
|
Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN
|
CEO
|
Hideyuki Takashima
|
Business Description
|
■Securities and Exchange law based securities business
■Financial Futures Transaction law based over-the-counter financial futures transactions
|
Capital
|
¥1,550,000,000
|
GMO Internet Inc.
Company Name
|
GMO Internet Inc. http://www.gmo.jp/en
(TSE First Section Code: 9449)
|
Address
|
Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN
|
CEO
|
Masatoshi Kumagai
|
Business Description
|
■Internet Use Support (Infrastructure)
■Internet Advertising Support (Media)
■Internet Finance
|
Capital
|
¥7,148,290,000
|