HWZ Forums

Asphodeli · 02-09-2015, 10:45 AM

Immortal wrote:

Anybody tried selling shares you don't have then try to buy it back within the day on this platform..?

klwoh_ wrote:

SCB do not allow short-selling? Correct me if I'm wrong

No, you cannot contra, or short-sell. SCB works similar to a cash upfront account with a retail brokerage.

natsuoto · 02-09-2015, 12:03 PM

I just open a dash account, it says wait for my dash easy saving to be open, what is that? How do I transfer money into it, can do online transfer from other banks?

deathman91 · 02-09-2015, 12:05 PM

natsuoto wrote:

I just open a dash account, it says wait for my dash easy saving to be open, what is that? How do I transfer money into it, can do online transfer from other banks?

Dash easy is just like any other bank deposit account.

natsuoto · 02-09-2015, 02:42 PM

deathman91 wrote:

Dash easy is just like any other bank deposit account.

Thanks, but I dunno how that works, so do I have to open one and how do I link to the dash account then?

Immortal · 02-09-2015, 05:09 PM

natsuoto wrote:

Thanks, but I dunno how that works, so do I have to open one and how do I link to the dash account then?

Your Dash account will appear alongside your other SCB accounts like settlement accounts when you log in to online banking.

The bank will do the linking.

You can use FAST to transfer funds from your ocbc/Posb/other bank accounts.

natsuoto · 02-09-2015, 06:01 PM

Immortal wrote:

Your Dash account will appear alongside your other SCB accounts like settlement accounts when you log in to online banking.

The bank will do the linking.

You can use FAST to transfer funds from your ocbc/Posb/other bank accounts.

Thanks, I'll login to my scb acct later to see..

Gaara1989 · 04-09-2015, 10:20 AM

i bought a stock at 0.022. with stop loss placed at 0.019. However, when the stock broke 20c and the buy/sell become 0.019/0.02. how come SCB never activate the SL? is there a prob wif e system> ?

apriliasiao · 06-09-2015, 09:08 PM

When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?

Perisher · 06-09-2015, 09:12 PM

Gaara1989 wrote:

i bought a stock at 0.022. with stop loss placed at 0.019. However, when the stock broke 20c and the buy/sell become 0.019/0.02. how come SCB never activate the SL? is there a prob wif e system> ?

There is a queue to fill. If you see the price falls to 0.018 and your stop loss not filled, then that would be an issue.

apriliasiao wrote:

When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?

I don't think eSaver is a must(can use Dash instead) but some members here said the people at SCB replies that it is a must.
I didn't deposit anything when I opened my eSaver but that was 3 years ago. Just to be safe, you deposit $100 lor.

apriliasiao · 06-09-2015, 09:55 PM

Perisher wrote:

I don't think eSaver is a must(can use Dash instead) but some members here said the people at SCB replies that it is a must.
I didn't deposit anything when I opened my eSaver but that was 3 years ago. Just to be safe, you deposit $100 lor.

ic.. I'm fine as long as they dun need min like $500 or $1000 deposit.

JustTrade · 06-09-2015, 11:15 PM

apriliasiao wrote:

ic.. I'm fine as long as they dun need min like $500 or $1000 deposit.

They implemented the min. $1000 deposit recently.

Perisher · 07-09-2015, 12:00 AM

JustTrade wrote:

They implemented the min. $1000 deposit recently.

Even for opening account? Or can deposit later when account is set up already?

deathman91 · 07-09-2015, 12:07 AM

apriliasiao wrote:

When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?

Their officer might say it is a must but dash easy account can be used to fund the trading account. So I am not sure if they are out there to cheat customer or just purely uninformed.

apriliasiao wrote:

ic.. I'm fine as long as they dun need min like $500 or $1000 deposit.

Perisher wrote:

Even for opening account? Or can deposit later when account is set up already?

When I opened mine, there is no need for a immediate deposit of $1000 for account opening. But you will get punished by the fall below fee of $5, so you will guai guai deposit

Perisher · 07-09-2015, 12:15 AM

deathman91 wrote:

When I opened mine, there is no need for a immediate deposit of $1000 for account opening. But you will get punished by the fall below fee of $5, so you will guai guai deposit

Afaik, it's based on ADB so can deposit on other days as long as overall over the month is at least $1k then.