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Standard Chartered - Only Online Trading in town with no minimum commission

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Old 11-08-2011, 07:58 AM   #196
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Can someone explain to me the procedure for buying US$ denominated shares? Is the share settlement account is a S$ account? Does that mean that SCB automatically converts US$ to S$ or...?
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Old 11-08-2011, 08:51 PM   #197
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now still cannot mobile trade ??
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Old 11-08-2011, 10:19 PM   #198
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Can I ask something. What is the min age to open a SCB Online Trading account?

I just opened an e$aver. Tried to open an online trading account, and they prompted me must be 21 and above. ARHHHH
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Old 11-08-2011, 10:47 PM   #199
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now still cannot mobile trade ??
ISSIT? Wat the fish man...
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Old 11-08-2011, 11:42 PM   #200
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if you dont hold shares in SCB, you cannot sell. the system wouldnt allow you to sell.

SCB platform came in at the very best time when market is bleeding. My advice to all is to buy in small quantities and spread your purchases. You dont have to worry about minimum commission.
may i know typically how long does it take for SCB to credit the shares to our SCB account? Next business day?
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Old 11-08-2011, 11:45 PM   #201
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can i ask one question, is it possible that when you set a limit order, but when the order gets transacted at another price?
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Old 12-08-2011, 07:27 AM   #202
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Tried the interface, like not very friendly?

Must know stock quote to add to watchlist?
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Old 12-08-2011, 07:27 AM   #203
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Old 12-08-2011, 08:28 AM   #204
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nice chart, a lot of missing info, but good start.

can consider adding other categories such as:

(1) whether you can buy value added services like queue depth.
(2) how good is the user interface, eg: warrants interface, shares interface.
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Old 12-08-2011, 10:41 AM   #205
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why so many questions? im not working for SCB. but im willing to help them because they are my favorite bank now. i hope they roll out more goodies in future

so only way to do so is:

1. transfer from other banks to standchart savings account
2. transfer internally from SC savings account to settlement account
3. buy from market using standchart platform
Yes thats right.

Tried the interface, like not very friendly?

Must know stock quote to add to watchlist?
why is it so tough? do you need a fanciful platform with higher charges or do you need a simple platform less all the useless charges? its your choice. all you need to do is open SGX website to get all the stock codes and enter into SCB.

may i know typically how long does it take for SCB to credit the shares to our SCB account? Next business day?
follow the standard settlement with the other brokers. T+4 if i am not wrong. but i believe, you can sell once you purchased. because you have already paid for your shares and SCB will do the offset. this is something i have not tried though.

Can someone explain to me the procedure for buying US$ denominated shares? Is the share settlement account is a S$ account? Does that mean that SCB automatically converts US$ to S$ or...?
you need to fund your FCY account with USD. upon doing a transfer of SGD -> USD, you will be asked a confirmation whether you want to accept their conversion rate.

now still cannot mobile trade ??
you can. use a smartphone browser that can set the user agent as a desktop. go google to find out for iphone. use dolphin mini browser for android.
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Old 18-08-2011, 12:20 PM   #206
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Seems like it doesn't allow buying of warrants?

Tried adding the stock code...."symbol not found"....
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Old 18-08-2011, 01:31 PM   #207
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I read that the shares we buy are under SCB? Means we don;t get to own the shares under our name?
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Old 18-08-2011, 01:33 PM   #208
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I read that the shares we buy are under SCB? Means we don;t get to own the shares under our name?
its still under your name, just that SCB is your custodian.

Likewise, if trade thru other brokerage firm, CDP is your custodian.
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Old 18-08-2011, 02:19 PM   #209
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Mathematically, it is worth transferring stocks over from CDP to SCB, unless the selling contract value is between $9000 - $13333.

Calculations:
http://forums.hardwarezone.com.sg/sh...postcount=8381

http://forums.hardwarezone.com.sg/sh...postcount=8423
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Old 21-08-2011, 11:33 PM   #210
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I just applied for an online trading account yesterday, but it's not reflected when I log in to my SCB account... how long does it take for the application to be processed?

Don't wanna miss any buying opportunities next week (:
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