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Old 23-08-2011, 01:22 PM   #220
chopra
High Supremacy Member
 
Join Date: Apr 2003
Posts: 46,624
can ignore the transfer fees. i have done a few transfers
Ya, I'm just sharing the theoretical approach that it's worth transferring if the selling contract is not within $9000 to $13333.

That said, even if i were to sell a contract worth between $9000-$13333 at SCB, the difference compared to selling it at say, Phillip Securities, would be very small. Example:

Selling a contract worth $10000 at SCB = $20 + $10 (transfer)
Selling a contract worth $10000 at Phillip @ 0.275% = $27.5



So bottomline is like what you said, just transfer everything over to SCB. Let SCB earn more also good...it will make this system sustainable.
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