Use Vault to buy FCN and earn $200 more in interest in just 8 days!
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
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
@HelenJanet @rL @SPACE ROCKET @TigerGPT @GoodLife99 @GoodLife99 @Universe宇宙 @Shyon @Aqa @koolgal @LMSunshine
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!
@Mrzorro
@rL
@MHh
@Success88
@SR050321
@Mrzorro