m15Dragon
m15Dragon is a margin trading service providing a variety of preferential margin interest rates for each generating debt within 15 days.
Eligible Clients
- Using marginDragon interest rate schedule.
- Using prescribed transaction fee schedule.
- High or medium-frequency trading.
- Maximum credit limit at 5 billion dong.
Service Descriptions
Disbursement/Debt Collections is calculated and balanced automatically following the rule: The total margin lending loan is equal to the sum of individual debts while applying the corresponding preferential interest rate for each debt daily.
- Principle of Disbursement:
+ Current debt before registering m15Dragon: subject to marginDragon interest rate schedule.
+ New debt due to Buying: subject to the lowest preferential margin interest rate of m15Dragon.
+ New debt not due to Buying: disburse to the debt with the farthest disbursement date.
- Principle of Debt Collections: Customers can choose one of the following two debt collection methods:
+ Method 1: Collect the m15Dragon debt.
- The debt with the ID "m15Dragon" is a priority for collection, starting from the furthest one and proceeding to the nearest one.
- Next: Collect the maintained debt before registering for m15Dragon.
+ Method 2: Collect the furthest debt.
- Prioritize the collection of debts that were disbursed before registering m15Dragon.
- Next: Collect debts with ID 'm15Dragon' disbursed from furthest to nearest date.
Service Features
- Optimize investment efficiency with a 15-day low-interest rate, with applicable rate up to 0% per year.
- The lowest interest rate schedule is applied daily when there is a matched buy order.
- No apply simultaneously with the Interest-Free Program.
- Free registration, quick and easy procedure