hi guys
i have an issue with my CDP statement. just some background. i have not been actively trading for some 10 + years & was just collecting dividends. only when i received may's cdp statement i look thru in detail & noticed the following.
Security <stock name> Free (A) Available (B) Balance (AB) Last Price ( $xxx ) Market Value $xxx(corresponds to AB x Last price)
i have called CDP & was advised that <Available> means stock that i dont actually own pending settlement but the thing is i have not been trading for 10+years & even the CDP CSO did look thru previous statements stretching back to 2013 that shows the same. however the dividends i have been receiving as shown on the statement is based on the <Balance> ie i am getting dividends on the full sum of shares. the CSO has taken more than 1 week to check & has still not gotten back to me.
have called CDP again on last sat but still none the wiser.
has anybody come across this before?
I've opened a trading account with CIMB. However, I don't have a StarSaver account with them yet. So my commission rates are higher.
I saw that they have a cash up front scheme. Is this scheme simply just opening a new StarSaver account with CIMB and link it to my trading account and I can start trading with the lower cash up front commission rates?
What's the minimum amount I'm required to keep in this star saver account at all time? It says on the website that they require an initial deposit of $1000. Can I withdraw it immediately out of the account after creating it?
Initial deposit is $1000, but iirc no minimum sum to maintain and therefore yes u can withdraw anytime
And yes u need a cimb saving account to enjoy cash upfront trading
They have a CIMB StarSaver Account and CIMB StarSaver (Savings) account. Are they the same? Can I use anyone of them for the cash upfront trading?
Also, can I apply directly from their website for an account?
Can anyone using CIMB trading account help me out with something here?
Their interface is terribly confusing.
1. How can I find out the CDP account that is linked to my CIMB trading account?
2. I don't have a OneKey token. Can I still buy/sell with my CIMB Cash (not CashUp Front) account?
1. Call broker to ask, or check your cdp statement send to you, or if u have done a trade before, just go [account], [sgx e-statement]
2. Can still buy and sell, just bypass the "one key login"
1. I only have one CDP account which they have created for me. So I believe it's correct. But I wanted to double check as this is the first time I'm going to use my CIMB account for trading, so a little more paranoid.
2. Oh great!
Sorry, just one more question. So let's say if I applied for an IPO and I got it in my CDP account. Will I see my balloted IPO in my CIMB trading account under "Portfolio" > "Unrealised Gain" that section immediately?
Recently SCB upgraded their platform, users out there, how is it?
Maybank KE VS SCB Trading platform which is better?