Announcement: On increase the interest rate of margin and cash advance - Pinetree Securities

Announcement: On increase the interest rate of margin and cash advance
News December 27, 2022

Announcement: On increase the interest rate of margin and cash advance

Announcement: On increase the interest rate of margin and cash advance

Dear valued customers,

At first, Pinetree would like to thank you for choosing our services.

Pinetree would like to announce the increasement of interest rate as follows:

  • Margin rate: 0.027%/day (9.9%/year). Applied for all current margin loan, extension and new margin loan from January 3rd, 2023.
  • Margin rate for overdue loan: 150% of normal margin rate, equal to 0.041%/day (14.85%/year). Applied for all current and new overdue loan from January 3rd, 2023
  • Cash advance interest rate: 0.027%/day (9.9%/year). Applied for all new cash advance from January 3rd, 2023.

If you have any questions, please contact us for quick support:

Regards,

Pinetree Securities Corporation

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