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

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Old 17-03-2015, 11:17 PM   #3631
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I thought got business degree they consider as qualified le?
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Old 18-03-2015, 01:58 AM   #3632
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I thought got business degree they consider as qualified le?
I think so, but it's always up to the bank to decide. You can try to talk your way through because it's highly related to finance.
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Old 18-03-2015, 04:36 PM   #3633
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Can anybody confirm this?
I want to DCA VWRD and looked at the charges.
It says 1% stamp duty for IE ISIN shares.


But this blog post in May 2014 states otherwise.
Standard Chartered Online Trading DID Removed 0.5% UK Stamp Duty From Certain Exchange Traded Fund (ETF)

Did SCB start charging stamp duty again ?
Anybody knows?
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Old 18-03-2015, 07:59 PM   #3634
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Anybody knows?
There was no stamp duty when I last tried (in Dec or Jan). Why not just buy 1 share to test water?
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Old 18-03-2015, 08:49 PM   #3635
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There was no stamp duty when I last tried (in Dec or Jan). Why not just buy 1 share to test water?
Ok thanks, I will try.
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Old 20-03-2015, 06:58 PM   #3636
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Anyone has a manual how to use the system . I buy a few stocks and show filled.but the money is still in my settlement account. The trading account is still zero balance, why?
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Old 20-03-2015, 07:02 PM   #3637
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Anyone has a manual how to use the system . I buy a few stocks and show filled.but the money is still in my settlement account. The trading account is still zero balance, why?
Because it's not automatically updated in the SSA. It usually update a few days, think 3, later. But, the money is already deducted, meaning if you have 2k, and u use 1 k to buy, it will show 2k but actually inside only left 1k for u to use.

Don't worry, there is no additional $$ or $$ disappearing. Wait 2-3days and you will see the statement liao.
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Old 20-03-2015, 08:14 PM   #3638
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Anyone has a manual how to use the system . I buy a few stocks and show filled.but the money is still in my settlement account. The trading account is still zero balance, why?
Settlement is t+3 for sgx shares, and that is why your money is "set aside" until t+3
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Old 20-03-2015, 09:44 PM   #3639
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is it like possible to cash out my US trading account money as usd if i go to the bank anyone try before or they will force me to convert to agd if i cash out?
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Old 20-03-2015, 09:56 PM   #3640
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is it like possible to cash out my US trading account money as usd if i go to the bank anyone try before or they will force me to convert to agd if i cash out?
EDIT: Whoops, read your question wrongly. No, you gotta convert it to SGD. Even if you want to go through the trouble of opening a USD FCY account, the fees and charges will kill ya.
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Old 20-03-2015, 10:07 PM   #3641
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is it like possible to cash out my US trading account money as usd if i go to the bank anyone try before or they will force me to convert to agd if i cash out?
You mean your US dollars in your US FCY SSA? Not possible. Someone else has tried and failed.
Refer to post #3600
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Old 23-03-2015, 09:04 AM   #3642
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Just now i wanted to get Noble and the Bid and Ask price was 0.88. But i went to purchase at 0.89. Was i being retarded? Anyone does this before?

But it did get filled though.
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Old 23-03-2015, 09:17 AM   #3643
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Just now i wanted to get Noble and the Bid and Ask price was 0.88. But i went to purchase at 0.89. Was i being retarded? Anyone does this before?

But it did get filled though.
Bid = ask price? No way... Sell is always higher than bid. If u want to get at lower price, enter the queue lor.

I think it's ok la, cause I regularly skip queues

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Old 23-03-2015, 09:17 AM   #3644
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Just now i wanted to get Noble and the Bid and Ask price was 0.88. But i went to purchase at 0.89. Was i being retarded? Anyone does this before?

But it did get filled though.
Go check if it was filled at a lower price. By right limit order would purchase shares up to the price limit you set
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Old 23-03-2015, 09:46 AM   #3645
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any idea on how to transfer shares from cdp to scb?
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