You may use the withdrawable cash in your account. But unsettled cash from assets that have just been sold cannot be used.
The withdrawable amount shown on your account page is your ''Maximum Withdrawable'' whereas the amount available for subscription by cash is ''Cash Withdrawable'', which may be smaller than ''Maximum Withdrawable''. Please refer to the available cash amount shown on the IPO subscription page. As long as you subscribe within this amount limit, no interest will accrue.
After receiving your subscription, the system will freeze the required money immediately and deduct it on the Futu subscription deadline.
You may cancel or edit your subscription before the Futu subscription deadline.
Your new deposits will automatically cover the deficits (if any) in your account.
Sorry, we don't support bank financing for ETF subscriptions.
If your account runs too low on funds after the announcement of subscription results, a margin call will be triggered. Please deposit sufficient money into your account before the listing date. Otherwise Futu reserves the right to carry out forced liquidation without prior notice.
The allocation of ETF subscriptions depends on the number of additional shares of funds. There is no guarantee that more subscriptions will result in more allocations. Zero or only partial allocations may also happen.