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        Transaction fees in backtest

        In backtest, we have simulated the fees involved in the transaction process. When placing an order, all fees to be charged will be frozen in advance (frozen funds may affect buying power), and will be deducted from the net assets at the moment of each transaction, except for the interest fees for margin trading and short selling, which will be deducted from the net assets after the market close on the same day.

        Please see the tables below for detailed fee simulation:

        Table 1: Simulated transaction fees for a securities account

        Table 2: Simulated transaction fees for a futures account

        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.