1. After creating your EIP schedule, you will receive an EIP reminder 2 days before your buying schedule.
Make sure that your cash balance is sufficient for your Automatic EIP buying schedule. Please be advised that the shares will only be automatically bought if you have sufficient cash in your account.
NOTE: The system will automatically post your order at 12:50 PM (in line with the current shortened trading hours) on your scheduled buying date. The EIP facility will buy at the closing price of the day. There is no guarantee that the order will be executed because this will depend if there is an available sell order at the same price. If there is no seller at the closing price then your buy order will not be executed.
However, because it is an automatic order then the system will re-post it the following day and will continue to do so on the succeeding trading days until the order is matched, if you decide to cancel it yourself or when your next buy schedule arrives.
2. To track your record, just click the TRADE tab then click the TRADING HISTORY link on the submenu.
3. Click the SHOW ORDERS button to see the status of your order:
ORDER ACCEPTED - your order has been accepted by the COL system
POSTED - your order is now posted at the PSE
PARTIAL EXECUTED - only a portion of your order was matched
EXECUTED - your order was fully matched