Dear Tigers, A number of small-cap stocks have spiked recently, and even Circuit Breaker has been hit several times. Because they are more volatile than large caps, small caps often see bigger swings during periods of strong up moves and also in fast market downswings. Since small-cap stocks have fewer outstanding shares, they pose a greater risk than large-cap stocks. Be aware of the risks, safety first, invest for a long time.
Important Notice: New withholding tax on the US Publicly Traded Partnerships (“PTP”) Securities
Dear clients,The US Internal Revenue Service (“IRS”) has issued a new provision under Section 1446(f) of the Internal Revenue Code (“IRC”) that primarily impacts non-US Persons who invest in US PTP Securities. With effect from 1 January 2023, non-US Persons will incur a 10% withholding tax on gross proceeds from sales or trading of US PTP securities.In view of the complexity of Section 1446(f) withholding tax, Tiger Brokers (NZ) Limited (“Tiger Brokers”) will be taking the following actions: Starting from 1 December 2022, Tiger Brokers will cease to accept orders to open positions on USPTP securities and relevant derivatives, and share transfer-in requests for US PTP securities; Bythe market close of28 December 2022, clients who hold such USPTP securities can choose to sell theirpositions
Notice: YINN's overnight session trading is suspended on November 7.
Dear users, We have received a notification from the upstream supplier, Blue Ocean. Due to the overnight session trading volume approaching the NMS trading limit, $Direxion Daily FTSE China Bull 3X Shares(YINN)$ trading will be suspended during today's overnight session, while trading during other sessions will remain normal. Please wait for further notice regarding the resumption of trading.If you have any questions, please contact customer service.