Note: If you have a Margin Universal Account, your buying power is automatically combined across various markets. The following details on unified buying power are applicable only to single-currency accounts.
Unified buying power is an aggregation of your buying power. Airstar calculates an aggregated buying power by evaluating your total assets, including cash, securities, and MMF. It's available in markets where your margin accounts are opened. The evaluation is based on your assets in margin accounts and associated fund accounts.
Unified buying power can be used for securities tradings. Same-market cash are counted toward cash buying power.
For example:
● If you hold assets in HKD, you can buy HK stocks, US stocks;
● If you hold assets in USD, you can buy HK stocks, US stocks;
There is no charge to enable unified buying power. However, interest will be accrued when the margin is used. For more information, please visit here .
● Like ordinary margin trading, if you use margin to purchase stocks, please pay attention to the risk level of your account. If your account status reaches "Margin Call" due to the market fluctuation, you'll need to deposit funds or close positions to bring your risk level back to or below "Medium Risk."
● Once you disable unified buying power, the system will re-evaluate the risk level of your account (assets in other markets and MMF are no longer used as the asset basis for risk level evaluation). A margin call therefore might be triggered.
Yes. The buying power of your margin accounts has been aggregated by default. Airstar will calculate the aggregated buying power by evaluating your margin account assets. The aggregated buying power can be used in the market where margin accounts are opened.
Trading currency is subject to your investment products. When trading HK stocks, you'll be using HKD; when trading US stocks, you'll be using USD.
Cross-market trading will not involve currency exchange.
