[diu___]

now scb online trading getting more n more popular

i believe this is just a promotion period
they earning peanuts lor

i just worried when they will play punk
and charge more %%%%

[doody_]

diu___ wrote:

now scb online trading getting more n more popular

i believe this is just a promotion period
they earning peanuts lor

i just worried when they will play punk
and charge more %%%%

I think they will continue for a while..recently they still have the promotion where first 2 trades are free... still building customer base I guess.

[juswyq]

anyone facing issues logging in? I can't seem to log in. After keying in the OTP it just gets stuck.

edit: can liao

[IMPERIAL EMPIRE]

since SCB is holding share for me, I cannot attend AGM or vote, I only buy few shares so cant influence the board anyway

but if got dividends, will i get notification and will i get them?

[klarklar]

Can I transfer shares from SCB to CDP? Don't like the idea of losing voting rights.

[Dividends Warrior]

diu___ wrote:

now scb online trading getting more n more popular

i believe this is just a promotion period
they earning peanuts lor

i just worried when they will play punk
and charge more %%%%

Only a matter of time.

[Sinkie]

klarklar wrote:

Can I transfer shares from SCB to CDP? Don't like the idea of losing voting rights.

actually it doesnt matter, at least we know that standchart and the voting rights will be in safe hand and they wont anyhow anyhow vote



but just that cannot go agm jiak buffet

[klarklar]

Quote:

actually it doesnt matter, at least we know that standchart and the voting rights will be in safe hand and they wont anyhow anyhow vote

Actually, it does matter. I can't vote my way.

By the way Sinkie, since you are working in a brokerage, is the SCB online trading now considered a threat to traditional brokerages? Don't have to answer if this is too sensitive.

[Sinkie]

klarklar wrote:

Actually, it does matter. I can't vote my way.

By the way Sinkie, since you are working in a brokerage, is the SCB online trading now considered a threat to traditional brokerages? Don't have to answer if this is too sensitive.

Not really, from what I heard from people from the higher management, there was little or no impact. There was initial concern on the emergence of scb no min commission structure, they had a meeting with all brokerages and decided to sort of do a "wait-and-see" approach and believe servicing is the only way to mitigate the impact.

And after a year, there was no or little impact at all. If there is enough servicing done to clients, clients are satisfied and they will not mind the minimum commission structure especially they dont have time to monitor and usually their purchase will somehow exceed the minimum comm and also rich and bigger clients wants very good and dedicated servicing and don't even mind paying for offline orders.

There was once i was covering for a colleagues who was off for reservist, he called in to ask for ihh placement, I told him his broker was away for reservist and i couldnt do his placement for him and told him to go ATM, he was furious and told me what is ATM, he don't have an ATM card and do I expect him to queue to bid for ihh? He was willing to pay 2% commission but I couldn't do anything so he hanged up. Haha.

Then I talked to a few brokers in the same industry, they were glad that scb came about and "reduce" their workload for those who contributed small commission and still ask for lower commission and now they have more time for their bigger clients.

I guess once temesak sold their 17.8% of scb to other foreign investor, then it will be a "national" concern ba..

Anyway these are not my views so disclaimer applies as always..

[iAmBored]

Do we need to have a cdp acc to trade through scb?

[daylight]

do I need to open a saving account with SCB before I can open the trading account ?

[MikeDirnt78]

Stanchart no minimum commission has come in at the very right time for me. As i dont usually buy in big quantities, my small quantities of shares bought and spread throughout the 1 year of volatile period of market conditions have saved me thousands of dollars in commission.

[imwarren]

daylight wrote:

do I need to open a saving account with SCB before I can open the trading account ?

Yes, usually e$aver account since it has no minimum balance.

iAmBored wrote:

Do we need to have a cdp acc to trade through scb?

No, but it's good to have. It is free to open a CDP account anyway.

[doody_]

imwarren wrote:

Yes, usually e$aver account since it has no minimum balance.

But, if it remains at $0 balance for 6 months, it will be closed... I leave my initial $2 deposit inside

[daylight]

what do i submit for SIP in the trading application form ?
under CAR, i select option C, as i have investment experience.
what is name financial Intermediary and name of listed SIP ?