HK MARKET: PAYMENT TIMELINE FOR BUY CONTRACTS
To check the amount outstanding and due date, go to your online
trading platform / App: Account Management > Outstanding Positions.
You will also receive an email to retrieve your contract statement on
the platform the next working day after the trade.
If you intend to pick up your shares (ie. make payment):
- Payments are officially due on T+2. As a practice, you have extra 2 days grace.
- Please make arrangements for Lim & Tan to receive payment by latest T+5 morning, T being the Trade day.
- Force-selling occurs on T+5 (HK trading session).
- You will need to prepare and/or give a time buffer for different payment modes.
If you intend to contra off (ie. sell off without making payment):
- Please sell off by latest T+4, HK trading session.
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