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

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Old 03-08-2012, 10:11 AM   #886
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sorry ar, just to check, i bought shares using SCB online trading and dividends for M1 should have come in on 1st August...which account will it be credited to? Sorry, first time receving dividends...so noob here..

Edit: sorry, i realised its 14th August

Last edited by leogeo; 03-08-2012 at 10:49 AM..
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Old 03-08-2012, 10:23 AM   #887
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sorry ar, just to check, i bought shares using SCB online trading and dividends for M1 should have come in on 1st August...which account will it be credited to? Sorry, first time receving dividends...so noob here..
your trading account
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Old 03-08-2012, 10:30 AM   #888
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Hi all, newbie here. SCB currently offering two free trades of up to $100 each. I am new to trading and I am keen to get into this.

I read about CDP and still don't get it. So if I want to open a trading a/c with SCB, first I would need to register with CDP? Could any veterans here tell me where do I register with CDP or rather what I need to do to get started?
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Old 03-08-2012, 10:39 AM   #889
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Hi all, newbie here. SCB currently offering two free trades of up to $100 each. I am new to trading and I am keen to get into this.

I read about CDP and still don't get it. So if I want to open a trading a/c with SCB, first I would need to register with CDP? Could any veterans here tell me where do I register with CDP or rather what I need to do to get started?
For SCB you don't need a CDP account, as SCB will be holding your shares.
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Old 03-08-2012, 10:47 AM   #890
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your trading account
oh ok thanks!
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Old 03-08-2012, 10:49 AM   #891
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hmm, but i checked my online SCB trading account but i did not receive anything?

i believe M1 dividends were paid on 1st August
dividend payable date for m1 is 14 AUG 2012
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Old 03-08-2012, 10:50 AM   #892
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dividend payable date for m1 is 14 AUG 2012
ya, i just confirmed that online. sorry for my bad
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Old 03-08-2012, 10:55 AM   #893
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For SCB you don't need a CDP account, as SCB will be holding your shares.
Thanks for your reply.. they hold my shares but I can still trade as per normal right? as in buy/sell whenever I want..

There's this Stop Loss Order function in SCB, what is it supposed to do? I'm watching the online demo.

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Old 05-08-2012, 07:01 PM   #894
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I call the hotline and the customer service officer did not really explain clearly to me what I want to know

I want to know:

1. beside the 0.2% commission, any other charges (GST, SGX Clearing Fee, Access Fee) involved?

2. The 0.2% commission is both buy and sell need to pay separately? Meaning I buy then need to pay, when I sell need to pay again?

3. I can still received dividends, just that cannot go attend AGM and get annual report?
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Old 06-08-2012, 12:54 AM   #895
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I call the hotline and the customer service officer did not really explain clearly to me what I want to know

I want to know:

1. beside the 0.2% commission, any other charges (GST, SGX Clearing Fee, Access Fee) involved?

2. The 0.2% commission is both buy and sell need to pay separately? Meaning I buy then need to pay, when I sell need to pay again?

3. I can still received dividends, just that cannot go attend AGM and get annual report?
Standard Chartered Bank Singapore

For SG market, add 7% GST. So if you are under Personal Banking, your commission payable is 0.24% * 1.07.

2. You have to pay commission every time you make a trade, it doesn't matter whether it's buy or sell.

3. No AGM, no annual report, just dividends.
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Old 06-08-2012, 02:31 PM   #896
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anyone here trading US stocks using SCB??

can advise on the total fees payable?
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Old 06-08-2012, 03:38 PM   #897
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anyone here trading US stocks using SCB??

can advise on the total fees payable?
Same link I posted above.
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Old 06-08-2012, 09:31 PM   #898
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Same link I posted above.
so i'm only charge 0.25% for each trade i buy and 0.00224% for each trade i sell ?
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Old 06-08-2012, 10:13 PM   #899
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so i'm only charge 0.25% for each trade i buy and 0.00224% for each trade i sell ?
0.00224% is the additional fee.

0.25%/0.20% is the base broker fees for buy/sell.
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Old 06-08-2012, 10:34 PM   #900
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Just to make it real clear, for US stocks: 0.25% to buy and 0.25224% to sell (for Personal banking aka normal customer). I think if people can qualify for Priority banking they won't mind paying the higher commissions through other brokerages
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