Hi all,
I used SRS to buy some SGX stocks on date T, when I don't have sufficient amount in my SRS account. I thought due date was T+2, and so top up my SRS account on T+1. Now on T+2 I was told that I had to pay partially with cash, since their attempt in drawing fund from my SRS on T was only partially successful.
Is this correct?
Does it mean that we have to have sufficient fund in SRS account before trading?
Many thanks.
I used SRS to buy some SGX stocks on date T, when I don't have sufficient amount in my SRS account. I thought due date was T+2, and so top up my SRS account on T+1. Now on T+2 I was told that I had to pay partially with cash, since their attempt in drawing fund from my SRS on T was only partially successful.
Is this correct?
Does it mean that we have to have sufficient fund in SRS account before trading?
Many thanks.