Announcement Regarding the Discontinuation of Margin T5 Product Deployment
NOTICE OF HALTING DEPLOYMENT OF MARGIN T5 PRODUCTS
Dear Customer,
VIX Securities Joint Stock Company (VIX) extends sincere gratitude for your trust and utilization of VIX services.
As part of our plan to upgrade and introduce new products to our esteemed customers, we will cease offering the Margin T5 product, which provides interest-free margin for 5 days, effective from January 2, 2024. Consequently, customers currently utilizing the Margin T5 product will be transitioned to the standard transaction lending policy.
Existing loans obtained under the Margin T5 product, which have not yet been settled, will remain valid until their respective maturity dates. However, any new loans initiated on or after January 2, 2024, will adhere to the fee/interest schedule applicable to regular trading products.
We extend our best wishes to our customers for an efficient investment experience at VIX!
Best regards,
VIX Securities Joint Stock Company