How much funds or stocks can I borrow at most for margin trading?
How to view the maximum amount of funds or stocks that can be borrowed for margin trading on the App:
1. Maximum number of stocks that can be bought with margin
The maximum number of stocks that can be bought with margin trading depends on the initial margin rate of the stock and your account assets. The margin rate of each stock may be different. The maximum number of stocks that can be bought can be seen when placing an order after entering the purchase price, as shown in the figure below:
2. Maximum number of stocks that can be sold short
The maximum number of stocks that can be sold short also depends on the initial margin rate of the stock and your account assets. When the cash in your account is insufficient, BiyaPay will automatically provide you with short selling based on your account asset situation (including but not limited to cash, positions, frozen funds, etc.) to maintain sufficient collateral. The maximum number of stocks that can be sold can be seen as "Short Sellable" quantity after entering the selling price. If you do not have a long position in the stock itself, you can conduct short selling transactions by selecting sell.
How to view the maximum amount of funds or stocks that can be borrowed for margin trading on the Web:
1. Maximum number of stocks that can be bought with margin
The maximum number of stocks that can be bought with margin trading depends on the initial margin rate of the stock and your account assets. The margin rate of each stock may be different. The maximum number of stocks that can be bought can be seen when placing an order after entering the purchase price, as shown in the figure below:
2. Maximum number of stocks that can be sold short
The maximum number of stocks that can be sold short also depends on the initial margin rate of the stock and your account assets. When the cash in your account is insufficient, BiyaPay will automatically provide you with short selling based on your account asset situation (including but not limited to cash, positions, frozen funds, etc.) to maintain sufficient collateral. The maximum number of stocks that can be sold can be seen as "Short Sellable" quantity after entering the selling price. If you do not have a long position in the stock itself, you can conduct short selling transactions by selecting sell.
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BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
BIYA GLOBAL LIMITED is a registered Financial Service Provider (FSP) in New Zealand, with registration number FSP1007221, and is also a registered member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme in New Zealand.