$YTLPOWR-C81 (RHB INVESTMENT BANK BHD) (674281.MY)$ Hi traders, has anyone here hold in-the-money warrant until expired in moomoo before? If yes, how does the warrant exercise process usually work in moomoo? According to the agent, you don't have to keep sufficient funds to exercise them so I'm kinda confused then.Thanks in advance.
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When holding in-the-money (ITM) warrants until expiration on Moomoo, here’s how the exercise process generally works for U.S. warrants: Automatic Cash Settlement (for cash-settled warrants): Moomoo will automatically settle the warrant’s intrinsic value (difference between the underlying asset’s price and strike price) into your account without requiring extra funds. Example: A call warrant (strike 10)expireswiththestockat15 → You receive $5/share in cash. Auto-Exercise for Shares (if applicable): If the warrant requires physical delivery of shares and your account lacks funds/leverage to cover purchasing the shares, Moomoo may close the position pre-expiry at market price to avoid failed exercise. Or u ask customer service for help: https://www.moomoo.com/hans/community/feed/106193669259270
When the initial restriction was announced, Malaysian companies from the likes of Gamuda Berhad (GAMUDA), YTL Power International (YTLPOWR), and Tenaga Nasional (TENAGA) saw a sell-off in their shares due to their exposure to the data centre and artificial intelligence theme. At the time of writing, shares of GAMUDA are trading marginally lower, while YTLPOWR and TENAGA are trading 1.4% and 0.1% higher respectively from yesterday’s ...
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小鞠 : The EPF has bought too much, it's at 7%.
Be careful it might lose the ticket.