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Old 06-06-2011, 10:51 PM   #34
Garlic & Butter
Supremacy Member
 
Join Date: Dec 2010
Posts: 6,491
although u had "bought" the shares, the shares will be credited/ delivered to SCB instead of CDP.

this means SCB is the custodian of the shares. usually shares bought on SGX are kept in CDP. shares bought from other markets are kept by the brokerage as custodian

you will not be involved with CDP.. all transactions only between u n SCB

now only wondering if the "shares" exists physically or its merely an open position
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