Lost_Found
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- Mar 24, 2006
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There is no way to know how scb distribute the excess right. ..but odds lots shd hv higher chance ba
That's the good thing about sc no minimum commission. Can buy small lots throughout the day depending how the markets turn.
But their platform can be unreliable. Although I suspect it's probably more stable during us markets when there is less local server load.
yeah can, but just curious how is the distribution of the excess right since to cdp, it is scb that is applying the excess rights.
so if lets say 500 scb account applied 1m excess rights, and scb got total of 200k excess rights, so how will it be distributed?
you wont know the distribution of excess shares even if your shares are in CDP. so same goes to SCB.
but one thing for sure, the distribution must take care of 1 common sense rule. the distribution of excess shares must be given priority to those who are holding odd shares so that their holdings can be rounded up.
At least in cdp, I bid x, I get y, it is on the record, but with scb, do I really get y if I bid x? Or I get slightly more than y or less than y?
This CMI Compact Industries. I got crazily tiny allocation. Where have all the excess shares gone?the distribution is in the discretion of the nominated accounts (CDP, SCB, Phillip, UOBKH, etc) to distribute to their holders. so the allocations for excess shares can be different.
When I sell a stock, I think it will take roughly 3 workings days for settlement. can i use the money from the sold stock to buy another stock before the settlement?
can't seem to find this..
is there any transaction fee to pay the settlement using another bank? like from DBS or POSB u cant use other bank, coz u die die must have money inside scb before u can trade dude
is it possible to transfer from SCB back to CDP at a later date?
If yes, anyone knows how much is it? possible, go check previous *10 pages & u can find
Thanks
Took a look at the application form and 1c really puzzles me.
Do I just admit I have not traded six times?
Or should I just write in the two ETFs, Bonds Fund, and three other blue chip?
Will they check? Does it even matter?
If I had traded six times already why would I even want to hop to SCB?
Yes i believe so... I tink they don't have a FX desk to quote the rate after office hours....
I find this a pain in the a*s and super inconvenient.... But for the cheap rate, just have to bear with it... Do FX during the day if u have intention of buying