Operations Card—place order

1. Types of "Symbol"

(Futures trading is not offered by Moomoo Financial Inc. and is not available to US customers. Futures trading involves high risks and is not suitable for all investors. The amount you could lose may be greater than your initial investment.)

2. Explanation of "Type"

The type of order that can be placed varies with each product. You need to select the applicable type when placing an order.

3. Explanation of "Price"

Lmt Price: You can specify an order price. But be aware that the specified price needs to be an integer multiple of the spread, i.e., the smallest allowable change in share price. Otherwise the order may not be submitted to the exchange.

Mkt Price: the last traded price of the symbol.

Mid Price: (best bid price + best ask price)/2, as adjusted to the nearest integer multiple of the spread.

BBO: the best ask price in the case of a sell order; the best bid price in the case of a buy order.

4. Explanation of "Qty"

Buyable on Margin: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot. For example, assume you can buy on margin 156 shares of Tencent Holdings, and you place an order for 100% of that quantity. The final order size will be 100 shares (1 lot of Tencent Holdings is 100 shares).

Buyable on Cash: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Sellable Positions: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Shortable: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Short Positions: After being multiplied by a percentage, it will be automatically rounded down to the nearest board lot.

Losses can happen more quickly with quant and algorithmic trading compared to other forms of trading. Trading in financial markets carries inherent risks, making effective risk management a crucial aspect of quantitative trading systems. These risks encompass various factors that can disrupt the performance of such systems, including market volatility leading to losses. 

Moreover, quants face additional risks such as capital allocation, technology, and broker-related uncertainties. It's important to note that automated investment strategies do not guarantee profits or protect against losses.

The responsiveness of the trading system or app may vary due to market conditions, system performance, and other factors. Account access, real-time data, and trade execution may be affected by factors such as market volatility.

Any illustrations, scenarios, or specific securities referenced herein are strictly for educational and illustrative purposes and is not a recommendation or endorsement of any particular investment or investment strategy. 

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.