Q1: How long does it take for me to get back my cash after redeeming my units in the fund under Tiger Vault?
A1: It will take T+1. The time required here is for reference only.
 
Q2: What currencies is Tiger Vault available in?
A2: Tiger Vault is available in HKD and USD. HKD does not support Auto-Sweep function at the moment.
 
Q3: What funds are available in Tiger Vault?
A3: You can check the latest fund list on Tiger Vault's main page.
 
Q4: Can I withdraw my cash if my Auto-Sweep is turned on?
A4: Yes, and if you perform any manual redemption of your Tiger Vault, Auto-sweep feature will be suspended for 3 business days to provide sufficient time for cash withdrawal.
 
Q5: Will I incur any margin interest when using Tiger Vault as purchasing power?
A5: No margin interest will be charged when using Tiger Vault positions as purchasing power to invest in stocks, funds or futures. However, when an exercise of a client's option occurs, if the amount of available cash funds in the client's Tiger account is insufficient, the operation of exercising the option through financing may trigger a margin interest charge.
 
Q6:Are there positions in Tiger Vault that can be used for systematically forced liquidation?
A6:Yes. When the insufficient margin in your securities account triggers system leveling, the system will automatically close the positions in your securities account to increase the account margin first, and if the margin is still insufficient, it will close your Tiger Vault positions. To avoid this, please be careful to maintain a sufficient margin in your account.
 
Q7: Can I withdraw cash from my account if all my cash is in Tiger Vault?
A7: You will need to first redeem your holdings under Tiger Vault in your portfolio. Once the order is settled and cash is returned to your account, you can then withdraw the cash from your account as per usual.
 
Q8: How about futures?
Q8: Tiger Vault as purchasing power temporarily does not support the investment of futures.
Was this helpful?