For internet securities trading, what is the settlement workflow of fund?
(1) Bought transactions Once your buy order is received by us, our system will hold the Estimated Total Amount from your securities account immediately for (T+2 day) settlement purpose. If your buy order (a) is fully executed, we will still hold the Estimated Total Amount for (T+2 day) settlement purpose; or (b) is partially executed or remains unexecuted at market close, we will release the hold amount approximated to the unexecuted part of your buy order later after the market close. You can inquire the exact Pending and Settled Cash Balance through internet next day. Because we will deduct the exact bought transaction amount from your securities account on settlement day (T+2 day), the fund we held from your securities account may earn interest at saving accounts deposit rate before settlement day. Remarks:You must deposit sufficient amount to your securities account before placing buy order. If the Estimated Total Amount of the buy order is greater than your securities account’s Bu
