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hong leong ebroking, anyone call me more about this ?
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zkaii
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 Dec 7 2012, 11:29 AM
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New Member
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Hi everyone.
I have a HLEbroking account. For example, i banked in 2,500 MYR into Hong Leong Investment a/c yesterday, and today my Cash: Available balance is 2,500 MYR and Trading Limit is 5,000 MYR (2,500 x 2). The question i wanna ask is, since my trading limit is 5k now, if i purchase shares for 5,000 which means i have exceed my cash balance, do i need to bank in back the 2,500 MYR to the investment bank? or there will be any interest charge like owing the HLE money?
Thanks for advice.
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zkaii
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Dec 7 2012, 12:00 PM
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New Member
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QUOTE(Ireferno @ Dec 7 2012, 11:36 AM) Well, after purchasing the 5k worth of shares. You'll have 3 days to pay for them under the Payments tab in the HLeBroking website. If you do not have sufficient cash in your account to pay for that additional 2.5k, HLe will sell the 5k shares at whatsoever market price which you bought to pay for it. Finally, there's no interest charge as you can't borrow money from HLe apart from the 't + 3' Hope I answered your question. Happy trading! EDIT: I just explained something that on-site lol. How silly of me.. http://forum.lowyat.net/topic/1039913i get what u meant.. U solved my question.. Thanks a lot  |
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