With effect from 22 Jun 2017, client with UTRADE cash account will be able to look forward to a better trading experience in foreign markets with shareholding check enhancements.

Illustration:

Assuming a client has a Sell Limit of $10,000, and he is holding 100 Apple shares valued at $14,500.

Before 22 June 2017
Client's order to sell his 100 Apple shares will be rejected because his Sell Limit of $10,000 is insufficient to handle a sell order of $14,500.

From 22 June 2017
Client's order to sell his 100 Apple shares for $14,500 will pass through, despite him having a Sell Limit of $10,000.

Please note that there is no change for Margin, YieldMax, Utrade Edge and Utrade Plus.