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

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Old 27-05-2013, 01:59 PM   #1366
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Hi. Can I check if there are any fees payable to CDP (for transfer from CDP to SCB)? Thanks.

i'm quite sure there's no fees for the transfer from cdp to SC. I went SC to transfer twice and didn't pay before
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Old 27-05-2013, 06:51 PM   #1367
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Hi, check with u all ah.. how long does it takes for the amount in the settlement account to be transferred to my savings? i just sold some shares and i want to trsf the money back to my savings account. however, i kept getting error like not enough money inside even though my online account purchasing power shows that i have e money.
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Old 27-05-2013, 10:12 PM   #1368
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Can I check with you where to view the purchasing power? Thks!
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Old 27-05-2013, 10:29 PM   #1369
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Hi, check with u all ah.. how long does it takes for the amount in the settlement account to be transferred to my savings? i just sold some shares and i want to trsf the money back to my savings account. however, i kept getting error like not enough money inside even though my online account purchasing power shows that i have e money.
3 days.
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Old 27-05-2013, 10:33 PM   #1370
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Hi, check with u all ah.. how long does it takes for the amount in the settlement account to be transferred to my savings? i just sold some shares and i want to trsf the money back to my savings account. however, i kept getting error like not enough money inside even though my online account purchasing power shows that i have e money.
You need to wait. Not everyone is paying upfront just like you.

Remember the other party has 3 days to settle the buy purchase.

Hi. Can I check if there are any fees payable to CDP (for transfer from CDP to SCB)? Thanks.
There is no fee for CDP -> SCB. Fees may apply for the other way. I havent try though.
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Old 28-05-2013, 04:24 PM   #1371
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wah so good.. any downside?
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Old 28-05-2013, 04:40 PM   #1372
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wah so good.. any downside?
U get ur dividends later......
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Old 28-05-2013, 09:07 PM   #1373
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wah so good.. any downside?
All the info is inside!
go read the thread la...
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Old 28-05-2013, 09:15 PM   #1374
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U get ur dividends later......
If you want a broker than gives the dividends the fastest, i recommend Saxo Singapore. I use them.
Dividend will be credited to you once the stock goes XD.
No need wait for actual payment date and is one of the reasons they are my favourite broker.
SGX commission is at 0.15%, minimum $25. Downside is that similar to Standard Chartered, shares wont go to CDP.

Anybody wants to sign up can let me know.
For transparency, I get a payment and u get a $50 Taka voucher.

Saxo Terms & Conditions for referrals here.
http://sg.saxomarkets.com/referral-programme

Last edited by final1; 28-05-2013 at 09:21 PM..
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Old 29-05-2013, 08:45 AM   #1375
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All the info is inside!
go read the thread la...
92 pages bro... need time
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Old 29-05-2013, 09:16 AM   #1376
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If you want a broker than gives the dividends the fastest, i recommend Saxo Singapore. I use them.
Dividend will be credited to you once the stock goes XD.
No need wait for actual payment date and is one of the reasons they are my favourite broker.
SGX commission is at 0.15%, minimum $25. Downside is that similar to Standard Chartered, shares wont go to CDP.

Anybody wants to sign up can let me know.
For transparency, I get a payment and u get a $50 Taka voucher.

Saxo Terms & Conditions for referrals here.
Saxo Referral Programme
doesn't make sense,any catch? if it's really true then it's free easy money...stock price won't go down on xd date but only on actual paid date. Buying those that comes with big dividends is sure win,right?
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Old 29-05-2013, 10:02 AM   #1377
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doesn't make sense,any catch? if it's really true then it's free easy money...stock price won't go down on xd date but only on actual paid date. Buying those that comes with big dividends is sure win,right?
Not true.

Let me remind about the MF Global saga. I trust my long term holdings with a bank than Saxo.
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Old 29-05-2013, 10:24 AM   #1378
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Read the fine line guys, SAXO need minimum 10K deposited to open an account
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Old 29-05-2013, 02:04 PM   #1379
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How to determine the value of the stock in your portfolio when averaging down.

If I bought $1 and $0.50 at 1 lot each, do I just combine them and divide by the amount of lots which is $0.75?

SCB doesn't reflect the value of your bought price on portfolio :x
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Old 29-05-2013, 09:24 PM   #1380
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doesn't make sense,any catch? if it's really true then it's free easy money...stock price won't go down on xd date but only on actual paid date. Buying those that comes with big dividends is sure win,right?
Think you not sure what you are talking about.
XD date is the date whereby purchasing the share does not get you the dividend anymore. Hence, if you are holding the share all the way to XD date, Saxo is willing to pay you the dividend on that date itself.
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