did moomoo sell my chijet
$Chijet Motor (CJET.US)$ I don't own this stock anymore and there's no record. I owned it yesterday and now it doesn't appear
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Moomoo Buddy : Dear client. the corporate action occurred on this stock(reverse Split 1 for 30), Our clearing broker does not support corporate actions where fractional shares may be rounded up to whole shares. It instead liquidates all fractional shares as cash. you can check your account's funds details via [Accounts-Brokerage Account-Funds Details]. Thank you.
You can use types, dates and symbols to filter the funds details.
101674396 Moomoo Buddy : May I know , why will deduct 2.50/day ?(Funds hold) end of the month will be frozen ..so called financing interests .. please explain anyone know about it
Moomoo Buddy 101674396 : Dear client, financing interest and security borrowing fees are calculated daily and deducted when the monthly statement is generated.
If you are short on cash, then you may be able to use margin to trade. you can pay off or reduce the negative amount via closing positions, making a currency exchange or depositing funds, without any other additional "repayment" operations.
101674396 Moomoo Buddy : Thanks.
Means , I need to depoiste more money or sell my existing shares , Excess Liquity should be maitianed to zero all the time. if can be avoid financing interest every month ?
Moomoo Buddy 101674396 : Dear valued customer, you can deposit USD or exchange your SGD to USD for paying back the margin you used, the margin interest will stop to calculate once the conversion completed. And you need to make sure the all currencies in Moomoo is positive figures all the time that we will not charge any Long margin interest from your account. Have a nice day!
101674396 Moomoo Buddy : Thanks for your reply. How do find? . How much margin amount used in my account ..
Moomoo Buddy 101674396 : Dear valued customer, you can check from the "Accounts" page or go to Accounts - More - Account details. Have a nice day!
101674396 Moomoo Buddy : Thanks for your reply.
So ELV must be equal to Maintain Margin (Refer to below picture)? If no charges any interest .
Moomoo Buddy 101674396 : Dear valued customer,![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
1. ELV is related to your account's risk status which is divided into [Safe], [Moderate], [Warning], and [Margin Call]
[Safe]: ELV (Equity with Loan Value) ≥ Initial Margin Requirement, no risk.
[Moderate]: The Excess liquidity ≥ 10% of ELV (Equity with Loan Value), there is leverage trading, the overall risk is low.
[Warning]: The Excess liquidity < 10% of ELV (Equity with Loan Value), the overall risk may intensify.
[Margin Call]: ELV (Equity with Loan Value) ≤ the Maintenance Margin Requirement.
2. Margin interest will be charged only if you traded on margin (instead of cash) and did not pay off your margin amount within the cash settlement time.
If you have any further questions please feel free to come in line, we wish you a good day!
View more comments...