- Financing transaction
( 1 ) In financing transactions, investors use funds or securities in their securities accounts as pledges to borrow more funds from securities firms for securities purchases and repay the principal and interest within the agreed period.
( 2 ) After opening or upgrading to a margin account, investors can conduct financing transactions in Tiger Securities and enjoy up to 4 times leverage in a day, and up to 2 times the next day .
- Securities trading
( 1 ) In securities lending transactions, investors use funds or securities in their securities accounts as pledges, borrow securities from a brokerage firm and sell them, and at a later time, buy the same amount and variety of securities back to the brokerage firm and pay the corresponding Securities lending interest.
( 2 ) After opening or upgrading to a margin account, investors can conduct securities trading in Tiger Securities and enjoy up to 4 times leverage in the day and 2 times the next day .
( 3 ) The cost of short-selling securities is more complicated. Generally, the cost of short-selling securities is related to the degree of risk of the stock, the liquidity of the stock and the short-selling ratio (the number of stocks available for lending). The cost of securities lending is not fixed. .
( 4 ) Securities lending transactions may face the risk of short stocks being covered due to insufficient stocks available for lending or stock lenders recalling stocks.
1. After the securities lending transaction, if the current number of stocks available for lending is insufficient, the broker may close the stock without notifying the client.
2. Not all stocks can be used for margin financing and securities lending. Click on the list of margin financing and securities lending to view the stocks available for mortgage financing or short selling.