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

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Old 08-07-2013, 09:13 AM   #1426
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For subscription to rights, funds shd be park at the securities account
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Old 08-07-2013, 09:14 AM   #1427
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For subscription to rights, funds shd be park at the securities account
You mean the trading account or settlement account?
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Old 08-07-2013, 09:19 AM   #1428
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Settlement ac
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Old 08-07-2013, 09:20 AM   #1429
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Settlement ac
Ah Ok, thanks!
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Old 08-07-2013, 09:43 AM   #1430
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i went down to one of the scb branch a mth ago to open a bouns$aver account, account ready one week later tgt with a online banking access. I applied thru the online system for the trading account which took another 1 week. If u waited for more than 1 week, give scb a call, and u will find yr account be ready within 2 days . very happy experience with scb banking service so far =)
Noticed only settlement ac is opened, no trading account. Not sure why
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Old 08-07-2013, 09:44 AM   #1431
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did u ask to open trading acc
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Old 08-07-2013, 12:05 PM   #1432
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trading acc with scb

hi all,

just opened a online trading account with SCB. a few questions to ask you guys...

i got a trading acc and 2 settlement acc (SGD and USD).

1. if i buy/sell in my trading acc, the cost/proceeds will be deducted/credited from/to my settlement accs?

2. if above is true, so i only have to top up my settlement accs by transferring from my normal SCB esaver acc to my settlement accs?

3. can i transfer SGD from my esaver to my USD settlement acc? if so, the exchange rate is per SCB rate? how to check this rate?

4. will the trading acc hold any cash? or it only holds stocks?

Thanks! Huat ah!
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Old 08-07-2013, 12:33 PM   #1433
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hi all,

just opened a online trading account with SCB. a few questions to ask you guys...

i got a trading acc and 2 settlement acc (SGD and USD).

1. if i buy/sell in my trading acc, the cost/proceeds will be deducted/credited from/to my settlement accs?

2. if above is true, so i only have to top up my settlement accs by transferring from my normal SCB esaver acc to my settlement accs?

3. can i transfer SGD from my esaver to my USD settlement acc? if so, the exchange rate is per SCB rate? how to check this rate?

4. will the trading acc hold any cash? or it only holds stocks?

Thanks! Huat ah!
1,2, 3
Yes,
For exchange rate you can see when doing the trf, if u r not happy w the rate, just cancel the trnx
4
Only stocks
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Old 08-07-2013, 10:02 PM   #1434
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hi all,

just opened a online trading account with SCB. a few questions to ask you guys...

i got a trading acc and 2 settlement acc (SGD and USD).

1. if i buy/sell in my trading acc, the cost/proceeds will be deducted/credited from/to my settlement accs?

2. if above is true, so i only have to top up my settlement accs by transferring from my normal SCB esaver acc to my settlement accs?

3. can i transfer SGD from my esaver to my USD settlement acc? if so, the exchange rate is per SCB rate? how to check this rate?

4. will the trading acc hold any cash? or it only holds stocks?

Thanks! Huat ah!
bro, did you get ur trading and settlement ac opened up same time or just one or two days later
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Old 09-07-2013, 11:05 AM   #1435
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As with dividend, you would usually get them one working day after the official payment/credit date (check on SGX)

but whenever shares on SCB announce bonus issue/DRP/rights issue, that will result in odd lots... sianz half...

because SCB doesn't have odd-lot trading, your odd lots are stuck with them until you transfer them out to CDP
official credit date should be the recorded date right??
MTQ XB on 5th July and recorded date is 8th July.
today is 9th but there is still no bonus shares in my trading account!!

but i sold the shares on the first day of XB.. will there be any problem?
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Old 09-07-2013, 11:39 PM   #1436
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bro, did you get ur trading and settlement ac opened up same time or just one or two days later
After i spoke to cso, today scb created online trading account for me.
do i need to fill up the CAR form and send it scb?. I did the declaration when i was opening up the account online.
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Old 13-07-2013, 08:51 AM   #1437
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Can one apply for ipo via scb online trading?
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Old 13-07-2013, 09:12 AM   #1438
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Pls.ignore answer is yes. Read on scb website
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Old 13-07-2013, 01:14 PM   #1439
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Pls.ignore answer is yes. Read on scb website
this is new to me. can you provide the link?

i cant find in the FAQ.

- Online Equities Trading - Standard Chartered Bank Singapore
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Old 18-07-2013, 07:00 AM   #1440
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How's the trading experience?

Is the platform fast or responsive? is is able to cope on high traffic days?

Has there been long downtimes or system crash before?
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