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

[Sinkie]

eh, first u say good to month can.
then u say good to month still pending approval (cannot)

so can or cannot?

can i run a good to month/ good to date stop limit order???

Gtm for limit order can
Gtm for stop loss order cannot bcos pending approval for release to production

Why? Your shares are in Scb nominee, cannot use cimb to sell lah, they charging $25 min lah, too expensive

 

[chill_lax]

use this confirm can
https://play.google.com/store/apps/details?id=mobi.mgeek.TunnyBrowser&hl=en

set desktop mode

Mmmmm i set to desktop mode..but still cannot..still the same breeze thingy..unlike what i see on my laptop.

 

[linxiaobei]

You can check a few page earlier. We have shared the methods of logging in.

https://ibank.standardchartered.com.sg/nfs/login.htm

Log in using desktop mode.

 

[chill_lax]

You can check a few page earlier. We have shared the methods of logging in.

https://ibank.standardchartered.com.sg/nfs/login.htm

Log in using desktop mode.

Ic. Got it. Thank you very much.

 

[linxiaobei]

Ic. Got it. Thank you very much.

No problem. Haha.

 

[highsulphur]

Gtm for limit order can
Gtm for stop loss order cannot bcos pending approval for release to production

Why? Your shares are in Scb nominee, cannot use cimb to sell lah, they charging $25 min lah, too expensive

Just placed 2 gtm orders on a Sunday!

 

[wahkao3]

Gtm for limit order can
Gtm for stop loss order cannot bcos pending approval for release to production

Why? Your shares are in Scb nominee, cannot use cimb to sell lah, they charging $25 min lah, too expensive

whos approval? MAS, SGX or big boss at CIMB?

 

[barnabaskoh]

guys, can i just check with you.i go standard chartered the officer say help me open account for online trading on friday, today i saw the security settlement account already but cannot do any online trading, it states apply now,is it because i still need to open the online trading or i just need to wait?

 

[Asphodeli]

guys, can i just check with you.i go standard chartered the officer say help me open account for online trading on friday, today i saw the security settlement account already but cannot do any online trading, it states apply now,is it because i still need to open the online trading or i just need to wait?

Need to wait...what you can do is check everyday in the menu, if got "Online Trading" and can enter, means can liao

 

[barnabaskoh]

Need to wait...what you can do is check everyday in the menu, if got "Online Trading" and can enter, means can liao

oh, so means its being processed? i was just wondering if i still need to go down standard chartered another time to tell them i wana open the online trading..though i dont think the officer will be so blur to open the settlement account without the trading option right?

 

[Asphodeli]

oh, so means its being processed? i was just wondering if i still need to go down standard chartered another time to tell them i wana open the online trading..though i dont think the officer will be so blur to open the settlement account without the trading option right?

Definitely not la, cause I remember I also kanchiong spider cause got new account opened, I thought I would be charged $

 

[Denikeve]

hi all

can I check if i choose dividend reinvestment as my option, the shares I will be given is a whole number right. what happens to the remainder of the dividends? say if dividend is $100 and the reinvestment shares is priced at $9. so I'll get 11 new shares, then what happens to that remaining $1?

 

[blurpandasg2014]

How long will it take for the funds to be deducted frm the settlement acc and for units to be in the trading acc

 

[Perisher]

hi all

can I check if i choose dividend reinvestment as my option, the shares I will be given is a whole number right. what happens to the remainder of the dividends? say if dividend is $100 and the reinvestment shares is priced at $9. so I'll get 11 new shares, then what happens to that remaining $1?

I done this before with a US counter, the leftover will be refunded into your account. As mine is a US counter, it took months.
I think the SG counters won't take that long but its up to the company to refund you(they will, just dunno when). SCB can only check but not do anything.

Ultimately, I advise people to take cash and reinvest themselves as there isn't any discount to do the reinvestment anyway.

 

[Denikeve]

I done this before with a US counter, the leftover will be refunded into your account. As mine is a US counter, it took months.
I think the SG counters won't take that long but its up to the company to refund you(they will, just dunno when). SCB can only check but not do anything.

Ultimately, I advise people to take cash and reinvest themselves as there isn't any discount to do the reinvestment anyway.

thanks for your input.

there is usually a slight discount when opt for the reinvestment option. the recent MLT reinvestment exercise offered 1.18+ per share compared to its current value of 1.95. and if I take cash it will be too little for me to reinvest anyway so just take the reinvest option.

 

[Perisher]

How long will it take for the funds to be deducted frm the settlement acc and for units to be in the trading acc

It's already deducted the moment your trade goes through though it's not reflected immediately in your trading account until a few days later. You may sell immediately too if you wish.

 

[Perisher]

thanks for your input.

there is usually a slight discount when opt for the reinvestment option. the recent MLT reinvestment exercise offered 1.18+ per share compared to its current value of 1.95. and if I take cash it will be too little for me to reinvest anyway so just take the reinvest option.

That's a gigantic discount. Are you sure of that? Thank for the heads up, Looks like I should check all my local reinvestment shares thing because as far as I can remember, there is no discount.

edit: you mean 1.195? If I didn't remember wrongly, the letter states that it will reinvest at market price, that discount figure you see is only what it is at the time the letter is sent, it would be subject to market changes. In other words, it is not a discount, just happens that the price is that amount when they print.

 

[blurpandasg2014]

It's already deducted the moment your trade goes through though it's not reflected immediately in your trading account until a few days later. You may sell immediately too if you wish.

They haven't deduct anythiNg yet. Thats why i find it weird

 

[Denikeve]

That's a gigantic discount. Are you sure of that? Thank for the heads up, Looks like I should check all my local reinvestment shares thing because as far as I can remember, there is no discount.

edit: you mean 1.195? If I didn't remember wrongly, the letter states that it will reinvest at market price, that discount figure you see is only what it is at the time the letter is sent, it would be subject to market changes. In other words, it is not a discount, just happens that the price is that amount when they print.

oh sorry yeah missed out the "1". it's a small discount but it's better than nth. and I can't do **** with the meagre amount of cash if I choose to take cash option anyway.

usually if the reit decides to pay dividends using new units they will announce its issue price, that price is usually lower than the current market value. of course no one will know what will happen to the market value come dividend payment date, which is on the 27th or 28th of this month. the following is an excerpt from the announcement:

Further to the Announcement dated 19 January 2015 by Mapletree Logistics Trust Management Ltd., as manager (the “Manager”) of Mapletree Logistics Trust (“MLT”) in relation to the application of the distribution reinvestment plan (“DRP”) to MLT’s distribution for the three months ended 31 December 2014 (the “3Q FY14/15 Distribution”), the Manager wishes to announce that the issue price of the new units in MLT (“Units”) to be issued under the DRP is S$1.1848 per Unit.

 

[Perisher]

oh sorry yeah missed out the "1". it's a small discount but it's better than nth. and I can't do **** with the meagre amount of cash if I choose to take cash option anyway.

usually if the reit decides to pay dividends using new units they will announce its issue price, that price is usually lower than the current market value. of course no one will know what will happen to the market value come dividend payment date, which is on the 27th or 28th of this month. the following is an excerpt from the announcement:

Further to the Announcement dated 19 January 2015 by Mapletree Logistics Trust Management Ltd., as manager (the “Manager”) of Mapletree Logistics Trust (“MLT”) in relation to the application of the distribution reinvestment plan (“DRP”) to MLT’s distribution for the three months ended 31 December 2014 (the “3Q FY14/15 Distribution”), the Manager wishes to announce that the issue price of the new units in MLT (“Units”) to be issued under the DRP is S$1.1848 per Unit.

Since you have done this using scb(I assumed) locally, so how long does it take for them to refund you the left over after XD?