How is margin interest rate calculated?
Margin interest rates can be adjusted according to the market condition, please refer to your account statement for the interest rates applied.
Refer to Fees section for more margin rate details
Calculation of financing days
The number of financing days is calculated as 360 calendar days in a year.
Financing Interest Calculation Start Date
Clients who use financing to purchase stocks will owe cash. The actual time that an account is in arrears is calculated from the date on which clearing is completed.
Time to collect financing interest
Interest is collected on a monthly basis. If the account has arrears after deducting the interest in the current month, the arrears will be included in the financing amount of the next month.