What do I need to do before starting to trade exchange-traded derivatives (e.g. warrant, CBBC)?
Before trading any exchange-traded derivatives, you are required to understand the nature and risks of complex products first. Login your account, select "Complex Products" from the "Terms and Declarations" dropdown on your portfolio, and then read and confirm your understanding on the warning statement if you have no question on it.
Can I trade other complex products (e.g. OTC derivatives) in BOOM as well?
Yes, you can, but only after you have obtained the trading right. To obtain it, you need to login your account and complete two items:
Read warning statement (same as exchange-traded derivatives)
Complete risk assessment: Result of this assessment is based on your risk profile, which you can update it by going to "Funds & Account" -> "Account Settings" -> "Account Information" -> "Client Profile". Simply complete respective questions under section "Investment & Customer Profile".
We can only accept your buy instruction after you have read and confirmed your understanding on the warning statement, and completed the risk assessment with a "pass" result.
How do I exercise my warrant contracts?
You may exercise your warrant contracts by sending email to us. Your warrant contracts will be exercised as soon as market circumstances allow and your account will be updated immediately upon execution.
Can I trade virtual asset-related products in BOOM?
Yes, you can, but only after you have obtained the trading right. To obtain it, you are required to conduct a knowledge test, read the VA warning statement and related risk disclosure, and confirm your acknowledgement to the associated risks. Login your account, select "VA Products" from the "Terms and Declarations" dropdown on your portfolio, and follow the instructions to complete the above-mentioned steps.
Does BOOM provide investment advice?
No. BOOM does not provide investment advice.
Can I short sell securities?
Currently, BOOM does not provide short selling service.