How much buying power do I have for IOP subscriptions?
You can use all your collateral assets as buying power for Hong Kong IOP subscriptions. This includes your cash and stocks across all markets.
How it works:
If you have cash:
US$100,000 cash = approximately HK$770,000 IOP buying power
(Based on an exchange rate of 1 USD = 7.7 HKD).
If you have stocks:
The system deducts the initial margin required for your stock holdings, and the remaining value is counted as buying power.
US$100,000 in stocks = approximately HK$385,000 IOP buying power
(Based on a 50% initial margin requirement and an exchange rate of 1 USD = 7.7 HKD).
If you have short positions:
The margin required for short positions (such as short stocks or options) will also be deducted from your buying power.
Your total IOP buying power is calculated based on your cash, long positions minus required margin, and short positions that reduce buying power. The same approach applies to assets in other markets.
Note: The above are simplified examples. Your actual buying power is subject to various risk controls. Please refer to the amount displayed on the IOP subscription page.
- No more -