The 'Lindsay' Exclusive Promotion (hereinafter referred to as the the "Promotion", whereas the rewards issued in the Promotion are referred to as "Rewards") is a promotion offered by Moomoo Securities (Australia) Ltd, ABN 51 095 920 648, ("Moomoo AU", "moomoo AU" or the "Promoter"), an Australian Financial Services Licensee (AFSL 224663).
Promotion Period
The Promotion is valid from 31st October 2024 at 14:00 hrs (AEST) to 31st December 2024 at 13:59 hrs (AEST) (the "Promotion Period"). By participating in this Promotion, you agree to be bound by the Terms and Conditions herein contained, in addition to the Moomoo's Client Services Agreement, Financial Services Guide, Privacy Policy, Website Terms of Use and other Terms and Conditions applicable to Moomoo trading account holders (click
here to see below Other Terms and Conditions).
Eligibility
This Promotion is available to New Moomoo users who
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Are Australian residents over the age of 18;
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Have never opened a securities account with moomoo AU before 31 October 2024 at 14:00 hrs (AEST); and
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Have completed their registration and account opening process through the Lindsay exclusive link during the Promotion Period.
Each Eligible New Client, and each electronic device used to register and open an account with Moomoo AU, regardless of mobile or computer, is only entitled to participate once in the Promotion and obtain one set of Welcome Rewards during the Promotion Period.
Existing clients who have already opened an account with Moomoo AU prior to the Promotion Period are not eligible to participate in the Promotion.
Eligible New Clients who register for new accounts outside of the Promotion Period are not eligible to participate in this Promotion.
Exclusivity
This Promotion and other new customer promotions offered by the Promotor are mutually exclusive. Users who participate in this Promotion by opening a new account through the Lindsay exclusive link will automatically become ineligible to participate in any other new user promotions which may be offered by the Promotor during the same period. Rewards from different promotions will not be issued on top of each other.
Details of Rewards
Task |
Reward |
Complete cumulative deposits of AUD $150 or greater during the Promotion Period |
AI Hot Stocks Package 0.01 fractional shares of NVidia Corp, Apple Inc., Microsoft Corp and Meta Platforms Inc. respectively (Stock codes: NVDA, AAPL, MSFT, META) with a combined market value of approximately USD $14^ |
Complete cumulative deposits of AUD $7,000 or greater during the Promotion Period, and maintain (see following T&Cs for details) for 60 days |
1 whole share of NVidia Corp (stock code: NVDA) valued at approximately USD $140^ |
^The market values of gift shares are calculated based on their respective closing prices on 28 October 2024. Share market values may vary due to market fluctuations. This promotion is not related to any of the companies and their affiliates whose shares are awarded.
Unlocking Conditions
AI Hot Stocks Package
The AI Hot Stocks Package (consisting of the four fractional shares as detailed above) will be allocated to the Participant's Moomoo AU account within 5 business days of the completion of the securities account opening, but will remain in a "locked" state (unable to sell) until the Participant's cumulative deposit (total deposit minus total withdrawals) reaches AU$150 or greater during the Promotion Period . Once this condition is met by the Participant, the "locked" fractional shares will become "unlocked" and can be sold or traded on market at the Participant's discretion.
Free NVidia Corp (NVDA) Share
Where the Participant's completes a cumulative deposit (total deposits minus total withdrawals) of an amount equal to or greater than AUD $7,000 during the Promotion Period, one gift share of NVidia Corp (Nasdaq:NVDA) will be allocated to the Participant's account within 5 business days from the date of the first deposit (hereinafter referred to as the "Completion Date", as confirmed by moomoo AU), but will remain in a "locked" state and is unable to be sold or traded on market until ALL of the following conditions are met:
1.Asset Maintaining Period: the Participant's first deposit must be retained for a period of 60 calendar days commercing from the Completion Date (the "Asset Maintaining Period"); and
2.Daily Average Asset Value: during the Asset Maintaining Period, the daily average value of assets (including cash, securities and other types of assets if applicable) in the Participant's account (the "Daily Average Asset Value"; refer to the following section for detailed calculation methodologies) must be maintained at or above $7,000. For the purposes of this Condition, a shortfall in the Daily Average Asset Value of the Participant's Account due to fluctuations in the price of Securities (other than withdrawals of assets or cash by the Participant) is permitted provided that the total value of assets does not fall below AUD $4,900. In the event that Daily Average Asset Value falls below AUD 4,900 as a result of securities price fluctuations, the Participant may need to make further deposits into the account to continue to meet the Daily Average Asset Value conditions in order "unlock" the NVDA share.
The 'locked' state of the gift share shall only be lifted within 5 business days following the 60-day Asset Maintaining Period upon meeting all of the above conditions during the Asset Maintaining Period;
If you fail to meet with all of the above conditions, the gift shares will be removed from your Account within 7 calendar days following the final day of the Asset Maintaining Period.
Calculation of Daily Average Asset Value
For the purpose of determining the abovementioned conditions of lifting the “locked” gift shares, the "Daily Average Asset Value" in your Account shall be calculated on the following basis:
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The Daily Average Asset Value equals to the average of your Total Assets Values (as defined below) during the 60-day Assets Maintaining Period. The formula will be : Daily Average Asset Value=(Total Assets Value of day 1+Total Assets Value of day 2+ Total Assets Value of day 3+....+Total Assets Value of day 60)/60
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The Total Asset Value of a day equals to a combined value of the cash balance that day and the total market value of holdings (excluding all of the gifted shares) calculated based on the closing price of each security as at the end of that day's regular trading sessions.
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The 60-day Asset Maintaning Period will commence from the next calendar day following the date of allocation of the gifted share.
For example, if you receive your gift shares on 1st November, the Daily Average Asset Value, for purposes of this promotion, will be calculated from 1st November.
Assuming the Total Assets Values of each day of Asset Maintaining Period are as follows:
1 November: AUD$7,000
2 November: AUD$6,000
3 November: AUD$8,000
…
31 December:AUD$10,000
Then the Daily Average Asset Value over the Asset Maintaining Period is calculated at (7,000+6,000+8,000+……+10,000)/60
FAQs
1.How can I participate in the Lindsay exclusive promotion?
1) Complete the registration through the Lindsay exclusive link and open a securities account with moomoo AU. Upon successful account opening, you will receive the AI Hot Stocks Package consisting of four fractional shares, but in a "locked" status and is unable to be sold on market.
2) Once you have successfully deposited AUD150 into your securities account during the activity period, you will unlock the shares contained in the AI Hot Stocks Package.
3) Securities account opening is completed and an amount of AUD 7,000 or more is transferred to your securities account. Upon successful deposit, you will receive 1 free NVIDIA (NVDA) share.
4) When the total assets in your securities account meet the asset value requirement within the 60-day Asset Maintaining Period, you will unlock the free NVDA share.
5) Please note that if you register through the Lindsay Exclusive Promotion, it means that you forfeit the other new customer benefits.
2.How do I get the AI Hot Stocks Package?
If you register through the Lindsay link and complete your account opening within the campaign period, you will receive the AI Hot Stocks Gift Pack (0.01 shares of NVIDIA, 0.01 shares of Apple, 0.01 shares of Microsoft, 0.01 shares of Meta). The bonus shares will be automatically released to the account in the form of a freeze within 5 business days of account opening, and will be unlocked to receive additional shares by accumulating deposits > AUD150 in the account during the campaign period.
3.How do I get Nvidia (NVDA) shares?
Subject to the terms and conditions of this campaign, you will receive 1 free NVIDIA share when you register through the Lindsay channel's exclusive link and complete your account opening with cumulative deposits of AUD $7,000 or greater during the Promotion Period.
The free share will be automatically released to the account in the form of a freeze within 3 business days, and the account must maintain daily assets of AUD 7,000 for 60 days starting from the next day after the frozen shares (ticker symbol: NVDA) arrive (Calculation: Whether the daily assets are ≥ AUD 7,000 for 60 days, the assets include both cash and stocks and other assets are counted). Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the required amount.
4.Can I participate in other new customer activities during the same period?
No. If you participate in Lindsay exclusion promotion, then you are not able to participate in other promotions for new clients and rewards for different promotions will not be issued on top of each other. By confirming your enrolment in the Lindsay Exclusive Promotion, you are waiving any other New Client benefits.
5.I've registered through the Lindsay link before. Can I participate in this campaign?
Yes, as long as you have not historically opened a Moomoo AU securities account before 1 November 2024 at 14:00 hrs (AEST) (even if you have completed a Moomoo AU user registration via Lindsay link but did not finalise the account opening) you can take part in 'Lindsay' exclusive promotion. Please note that you can not participate in the 'Lindsay' exclusive promotion together with other promotions for new clients.
6.I have participated in other New Client Promotion before, can I participate in the 'Lindsay' exclusive promotion?
Sorry, the 'Lindsay' exclusive promotion is only for new customers who complete the account opening during the Promotion period.
Other Terms and Conditions
1.This Promotion is only available to new clients who have never opened a securities account with moomoo AU before 31 October 2024 at 14:00 hrs (AEST) in accordance with these terms and conditions and is not offered or advertised to the public.
2.All awards in the 'Lindsay' exclusive promotion (the ‘Promotion’) are provided by Moomoo Securities Australia Ltd, an Australian financial services licensee trading as Moomoo AU, ABN 51 095 920 648, AFSL 224663.
3.The Promotion is valid from 31st October 2024 at 14:00 hrs (AEST) to 31st December 2024 at 13:59 hrs (AEST) .
4.By participating in the Campaign, you agree to to be bound by the Terms and Conditions herein contained, in addition to the Moomoo's Client Services Agreement, Financial Services Guide, Privacy Policy, Website Terms of Use and other Terms and Conditions applicable to Moomoo trading account holders (refer
here to see below Other Terms and Conditions).
5.This Promotion is only open to Australian residents who are 18 years of age or older and have never opened a trading account with Moomoo AU. Eligible Participants may only participate in the Promotion in the manner described in these Terms and Conditions and rules. Participants who submit information late, early or in a manner other than that specified, or who submit incomplete information, will not be able to participate in the promotion without notice.
6.Each device(whether mobile or desktop) is only entitled to one set of account-opening rewards, deposit rewards, and referral rewards. A user can only be referred once. Using the same moomoo ID, phone number or device will be regarded as a single user.
7.Clients who already have a Moomoo AU account prior to the activity period cannot participate in this Promotion by registering a duplicate account. The Organizer may, in its sole discretion, cancel a participant's awards and limit a participant's eligibility to participate in future promotion if there are indications of fraud, abuse or suspicious activity on the participant's securities account, including, but not limited to, the use of the same device to register multiple accounts.
8.New Clients who do not register a new account within the activity period are also ineligible to participate.
9.The Organizer is not an offer, recommendation or solicitation to buy or sell any securities. This event is not intended to provide, and does not constitute, financial advice of any kind.
10.Investing and trading in the securities market involves risks and may not be suitable for all investors. Clients who wish to participate in this event are required to read and understand the Promoter's Financial Services Guide, Risk Disclosure Statement and other disclosure documents available on
its website before making any investment decision.
11.The Promoter shall not be liable to any Client for any losses arising (howsoever arising) in connection with this Promotion, including but not limited to losses arising from trading. For the avoidance of doubt and to the fullest extent permitted by applicable law, the Promoter shall not be liable for any loss or damage arising out of, or in any way connected with, the Promoter or the Promotion (including, without limitation, the use, misuse or inability to use systems, platforms, webpages, mobile apps or other channels developed or owned by the Promoter or their affiliates under or in relation to any of the provisions of these terms or conditions, or otherwise, including but (without limitation, breach of any terms or conditions or material breach of these terms and conditions) any direct, indirect, special, incidental or consequential damages, including without limitation, damages for loss of profits, loss of confidential or other information, business interruption, loss of privacy, failure to perform any duty (including without limitation, any duty of good faith or reasonable care), negligence, negligent misrepresentation, failure to warn and any other pecuniary or other loss. other losses, even if the Promoter or any of its representatives has been advised of the possibility of such damages.
12.The Promoter reserves the right, in its sole discretion, to refuse to issue any or all of the above rewards if, in the opinion of the Promoter, the Client is not eligible to participate in the Promotion or if the Client is engaging, has engaged, attempted to engage, or has caused to be engaged in activities in breach of these Terms and Conditions. In such cases, the Promoter's decision will be final and no further communication will be made regarding such decision.
13.The Promoter reserves the right, in its sole discretion and without notice or liability, to cancel, terminate, modify or suspend these Terms and Conditions, or to void the participation affected by the foregoing cancellation, termination, modification or suspension of these Terms and Conditions, or to cancel, suspend or modify the Rewards. The Promoter also reserves the right to recover any rewards obtained through improper means (e.g. by exploiting a system vulnerability).
14.To the fullest extent permitted by law, the Promoter reserves the right of final interpretation of these Terms and Conditions (including, without limitation, the terms of all Rewards, Share). In the event of any dispute, our decision will be final and without further communication.
15.The Promoter's failure to exercise or enforce any right or provision of these Terms and Conditions shall not constitute a waiver of such right or provision. If a court of competent jurisdiction determines that any provision of these Terms and Conditions is invalid, you agree that such court shall endeavour to give effect to thePromoter's intentions in these Terms and Conditions and that the other provisions of these Terms and Conditions shall continue in full force and effect.
16.The above Terms and Conditions are written in both English and Chinese, and in the event of any discrepancy or inconsistency between the English and Chinese versions, the English version shall prevail.
17.This event is not sponsored, endorsed or otherwise authorised by NVIDIA / Apple / Meta / Microsoft.