Assets in transit refer to the assets that you actually hold but have not yet arrived in your account. Assets in transit occur when a business and the corresponding asset changes are not in sync. For example, in a business, after your money is deducted, it might take a few days for the corresponding stock to arrive in your account.
You can view your assets in transit via 「App > Account > More > Account Details > Assets In Transit」.
Currently assets in transit occur in the event of funds subscription and redemption, IPO subscriptions (not available yet).
Yes. Your total assets include your cash balance and the market value of your positions, as well as your assets in transit. In particular, your assets in transit may take the form of cash or stocks.
It depends on the type of transaction. For example, the assets in transit due to Malaysia IPO subscriptions will arrive on the day allotment results are announced. Such arrival date is estimated and for reference only. The actual arrival date depends on the specific transactions, and Moomoo Malaysia does not make any guarantee. After arrival, your assets in transit will be converted into the corresponding assets.
Not for the time being. In the future, certain buying power will be granted based on assets in transit.
No. Currently they are only displayed on your app and not included in settlement.