The maximum amount of funds or stocks that can be borrowed in financing and short selling transactio
1.Maximum number of stocks purchased through financing
The maximum number of stocks that can be purchased in financing transactions depends on the initial margin rate of the stocks and the asset situation of your account. The margin rate of each stock may be different, and the maximum number of stocks that can be purchased can be seen when filling in the purchase price, as shown in the figure below.
2.The maximum number of stocks sold by margin trading
The maximum number of stocks that can be sold in margin trading also depends on the initial margin rate of the stocks and the asset situation of your account. When your own cash in the account is insufficient, BiyaPay will automatically provide financing to you based on your account asset situation (including but not limited to cash, positions, frozen funds, etc.) to maintain sufficient collateral amount. The maximum number of stocks that can be sold can be seen when filling in the selling stock price, as shown in the figure below.
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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.