MTF is activated during your account onboarding process, and if you are an existing client, you will find an option to opt for MTF when buying a stock in the mobile application. Upon activation, you will receive notifications and reports such as:
- Contract note for executed trades
- MTF position and settlement bill
- Margin statement
Step-by-Step Guide to Applying for MTF:
1.
Log in to Your Account:
Open your Torus Digital account through the mobile app.
2.
Navigate to Stock Module:
Go to the stock module from the main menu.
3.
Select the Stock:
Choose the stock you wish to purchase.
4.
Choose the MTF Option:
Select MTF and enter the quantity of the stock you wish to buy.
5.
Place the Order:
Click "Buy" to confirm the MTF order.
6.
MTF Pledging:
After placing the order, you will receive a pledge request by 5 PM. You must accept it by 9 PM on the same day for the order to be valid. If you do not accept the request, the shares will be squared off on T+6 day.