FUTU HK Help Center-Trading and settlement mechanism
English
Back
Open Account
Help Center Trading Ability Trading in HK Market Grey Market Trading and settlement mechanism

Trading and settlement mechanism

1. Trading mechanism

T+0 trading is also implemented in the pre-IPO market, and the allotted shares and the stocks purchased in the pre-IPO market can be sold in the pre-IPO market on the same day.

The electronic daily statement containing the pre-IPO market transaction details will be sent to the customer's email address on the next trading day (usually the listing date of the IPO) following the pre-IPO market trading date.


2. Settlement mechanism

Pre-IPO market transactions will be settled on the second trading day after the listing day, that is, L+2 settlement. If there is financing caused by pre-IPO market transactions, this part of the funds will accrue interest from L+2 onwards.

For example, the pre-IPO market of a new stock A takes place on June 25, 2018 (Monday), and it was officially listed on June 26, 2018 (Tuesday), and the settlement date and the interest start date for margin are June 28, 2018(Thursday).

Overview

Market Insights
HK Tech and Internet Stocks
No. Symbol 5D % Chg
Sample Name
Sample Code
 -0.90%
Sample Name
Sample Code
 -3.89%
Sample Name
Sample Code
 -4.60%
4
JD-SW
09618
-4.89%
5
MEITUAN-W
03690
-5.97%
View More
Nancy Pelosi Portfolio
No. Symbol % Chg
Sample Name
Sample Code
 +9.66%
Sample Name
Sample Code
 +7.87%
Sample Name
Sample Code
 +7.34%
4
Broadcom
AVGO
+7.22%
5
CrowdStrike
CRWD
+4.86%
Tariff game between the US and Europe shakes the market! Will TACO happen again?
Amidst the global market turbulence triggered by the US-Europe dispute over Greenland, a single post by Trump instantly reversed market tren Show More
Options Weekly 0119 | Greenland tariff standoff, gold and silver surge again, shocking reversal in Fed chair nominee! Watch Intel, Netflix earnings reports
2026 Futu Creators Conference

- No more -