Cash Vouchers issued by Tiger can be used to offset the amount of an order. Cash vouchers will take effect immediately after activation. You need to use cash vouchers within the validity period.
Cash Vouchers are used on a pre-deducted and rebated afterwards basis. You need to place an order within the validity period of the cash voucher and the order should be filled during the validity period in order for the cash voucher can be successfully used. You may choose to apply the cash voucher on a particular trade if you are using Tiger Trade App version 7.2.0 and above on the order page. For the older versions, the cash voucher will automatically be applied to trades selected by the system. If your order has a matching cash voucher, the system will automatically pre-select the best cash voucher when you place the order. If you want to cancel or change the cash voucher, you can cancel or change it manually when placing the order.
(Notes: Orders tied with the cash vouchers need to be fully filled before the voucher can be successfully used. If the order is fully filled after the voucher expires, the cash vouchers will not be used successfully.)
After the order is filled, the rebate amount will be credited to the clients' Tiger account within 1 minute of the order being placed. If the order amount is greater than or equal to the voucher value, the rebate amount will be equal to the voucher value; if the order amount is less than the voucher value, the rebate amount will be equal to the order amount. After the rebate, clients may check the rebate details through the coupon details in Reward Center or via [Tiger Trade>Portfolio>Orders] or [Tiger Trade App>Portfolio>More>Fund Details].
Tiger offers cash vouchers in different currencies on face value for trading in a variety of markets. The rebate currency of the cash vouchers will be consistent with the trading currency. If the face value of the cash voucher is different from the trading currency, the system will convert the rebate based on the real-time exchange rate. If the currency on face value is the same as the currency of the trade, no conversion is required.
You need to Place a One-Click Order on Tiger Trade App version 8.1.3 and above to use the voucher (vouchers are not available for One-Click Order of old versions ); Clients can use vouchers on PC One-Click Order for any version. Besides, neither App nor PC One-Click Order supports the selection of vouchers when placing an order, and the system will automatically use the voucher with the largest face value within the validity period.
If the order is cancelled, this cash voucher will not be used.
The cash voucher is not available for exercised option orders.