The Max NV to Buy (Cash) is calculated based on the Cash Buying Power of your account. It represents the maximum nominal value you can buy without financing.
The Max NV to Buy (Margin) is calculated based on the Max Buying Power of your account. The part of the nominal value exceeding the Max NV to Buy (Cash) may be financed by Moomoo SG. However, you may not be able to place an order with a nominal value exceeding the Max NV to Buy (Margin).
By using stocks and unsettled funds in your Moomoo SG universal account as collateral, you can borrow more funds from Moomoo SG to buy bonds. Using margin amplifies both gains and losses, so clients ought to know their risk tolerance level.
Margin interest is calculated based on the fund balance after settlement, as usual. Funds for buying bonds are settled at T+2. If the fund balance becomes negative after settlement, interest starts to accrue. For details of margin rates, please click here to refer to Margin Rate.
If the nominal value of an order exceeds the Max NV to Buy (Cash) but not the Max NV to Buy (Margin), margin will be used automatically to cover the excess.
- No more -