轰轰1937
wrote a post · Jan 11, 2022 09:18
Careful!!! Extremely high interest when borrowing shares from moomoo
I can not understand how come interest goes to 70%!!!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
轰轰1937 OP : Do you know the reason??
Moomoo Lily 轰轰1937 OP : The margin interest is provided by the upstream and will change according to the liquidity of the margin in the market and other factors. Can you refer to the margin loan rate on the top of the stock page before placing an order, but the specific is subject to the data displayed on the statement.
DIDI's financing interest in December is indeed quite high. Financing interest is provided by upstream and changes dynamically according to factors such as the liquidity of the target in the market. Users can refer to the securities lending interest rate on the page before placing an order, but please refer to the data shown on the statement.
轰轰1937 OP : Actually I have checked the interest rate, which was always under 10%
Moomoo Lily 轰轰1937 OP : The margin interest is provided by upstream and will be affected by market factors, please refer to the data displayed on the statement. Please access to our customer service for more help.
轰轰1937 OP Moomoo Lily : sorry, The interest from upstream is also below 10%, Which I have checked for sure. Your customer service explained the same without any record on paper, or even a screenshot