Reward 200 Tiger-coinsTiger's FCN settlement mechanism has been upgraded, significantly enhancing your capital efficiency. Here’s a detailed breakdown of the new changes and their benefits:
Earn Up to 8 Extra Days of Interest
Previously, most FCN products on the platform followed T+5 or T+10 settlement cycles. This meant:
On the order day, your cash or money market fund (e.g., Vault) was immediately deducted.
However, the actual FCN settlement took 5 or 10 days, leaving a “non-interest period.”
With the new mechanism, deductions are delayed to two days before settlement (settle-1).
For example, when purchasing a T+10 FCN:
Vault funds will continue earning interest until Day 8.
On Day 9, deductions are made, and settlement occurs on Day 10, reducing the non-interest period to just 2 days.
Non-Interest Period Reduced to Just 2 Days
Under the new mechanism:
T+10 FCN: Non-interest period reduced from 10 days to 2 days, earning an additional 8 days of Vault returns.
T+5 FCN: Non-interest period reduced from 5 days to 2 days, earning an additional 3 days of Vault returns.
This adjustment not only minimizes opportunity costs but also improves returns for high-threshold investments.
Real-Life Example: Earn $77–$205 Extra on $200,000
Taking Vault’s “Ping An Money Market Fund P-Class” as an example, with a recent daily return of $$1.2823 per$$10,000:
T+10 FCN: 8 extra days of interest = $$200,000 × 1.2823 × 8 ≈$$205
T+5 FCN: 3 extra days of interest = $$200,000 × 1.2823 × 3 ≈$$77
Maximize Your Returns with Vault
This upgrade lets you keep earning more while waiting for FCN settlement. It’s a simple but impactful way to make your money work harder. Start now and enjoy the benefits!
For more details, contact our support team anytime.
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Tiger's FCN settlement mechanism has been upgraded, significantly enhancing your capital efficiency. Here’s a detailed breakdown of the new changes and their benefits:
Earn Up to 8 Extra Days of Interest
Maximize Your Returns with Vault
This upgrade lets you keep earning more while waiting for FCN settlement. It’s a simple but impactful way to make your money work harder. Start now and enjoy the benefits!