Moomoo AU Cash Management (Cash Plus) Interest Rates

Additional notes:

1. The interest rates may be subject to change without prior written notice. Please always refer to this article for the most up to date interest rates.

2. Funds deposited during the 24 hours from AET 20:00 on T-1 to AET 20:00 on T day will be included in the uninvested cash balance calculation on that day (T+0). Funds deposited after AET 20:00 on T day will be included in the uninvested cash balance calculations on the next day (T+1).

3. Moomoo AU is required by law to obtain clients' agreement and instructions before investing or handling client money to earn interests under client instructions. This means:

  a. If a New Client completes account opening and deposits but fails to complete the Enrolment process through the Cash Plus information webpage, Moomoo will not have the proper authorisation in place to handle the New Client's funds accordingly to earn interest. In such scenario, the accrual of daily interest will NOT commence until the New Client completes the Enrolment process.

  b. Existing clients' uninvested cash balances DO NOT automatically start earning interests. Each existing client must complete the Enrolment process before their uninvested cash balances can begin accruing interest.

4. Where a Client with existing uninvested cash balance in their Moomoo AU Account completes Enrolment in the Cash Plus program, the Client's uninvested balance will begin accruing interest on the same day if the Enrolment is completed by 11:59AM AET on that day (T+0). If Enrolment is completed on or after mid-day (12:00PM AET), the Client's uninvested balance will begin accruing interest on the next day (T+1).

5. For purpose of the Cash Plus program, "uninvested cash balance" is defined as the funds immediately available for withdrawal recorded at 20:00 AET daily cut-off times for interest accrual. On the daily and monthly account statements delivered to clients, this figure is displayed as "Ending Settled Cash" under the Cash section.

6. If the uninvested cash balance returns to zero during the interest accrual period due to reasons such as settlement of trades and/or withdrawal of funds, interest accrual will also stop from the same day (T+0).

7. The following actions (including but without limitation) will reduce uninvested cash balance in the account:

  a. Having in-market pending orders, which freezes part of the cash balance equivalent to consideration of the orders;

  b. Having executed orders on T day for settlement on T+2, which removes part of the cash balance equivalent to consideration of the orders on T day for ahead of settlement;

  c. Confirming participation in corporate actions which will result in payment of cash;

  d. Submitting a funds withdrawal request prior to the daily cut-off time;

  e. Any other actions and/or items which result in debiting of cash balance, including deductions of fees and charges.

Disclaimer:

The "Cash Plus" program is a cash management program offered by Futu Securities (Australia) Ltd trading as Moomoo AU ("Moomoo AU", "we", "our" or "us"), ABN 51 095 920 648, AFSL 224663. Cash Plus aims at enabling Moomoo AU clients to access competitive at-call interests on their uninvested cash balance held in their Moomoo AU securities accounts.

Moomoo AU is not a bank and the Cash Plus program is not a bank deposit.

Clients who wish to participate in the Cash Plus program must first provide their standing instructions and consent to the Investment of Client Money Agreement relating to the USD cash management arrangements. This can be completed by clicking on the "Enrol Now" button on the Cash Plus information webpage and following the prompts to read and complete the consent form (referred to in this article as "Enrol" or "Enrolment").

The Cash Plus program is available to Moomoo AU clients' uninvested cash balances in AUD and USD. It is not available to cash balances in HKD or other currencies.