Examples of Northbound Trading in a sentence
Physical deposit and withdrawal of China Connect Securities are not available under the Northbound Trading.
Northbound Trading follows the settlement cycle of A shares listed on the relevant China Connect Market.
If any of the exchanges is not open or if the banks in either Hong Kong or Mainland China are not open for money settlement business, the Client will not be able to conduct any Northbound Trading.
Consistent with the current practice in Mainland China, if an investor engaged in Northbound Trading wishes to amend an order, the investor must first cancel the original order and then input a new one.
Although the likelihood of a default by ChinaClear is considered to be remote, the Client should be aware of this arrangement and of this potential exposure before engaging in Northbound Trading.