FSMOne web platform

makav31i

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Every mth buy in on 09, why this time on 10th?

If the 8th is a business day, the transaction date for the ETF RSP subscription will be on next trading day.

If the 8th falls on a non-business day, the transaction date will take place on the second trading day after the 8th.
 

highsulphur

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Thinking of transferring my USD counters from CDP to FSMOne. What are the fees involved? How does FSMOne handles USD dividends? And how does one credit or debit USD out of FSMOne?
 

reddevil0728

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Thinking of transferring my USD counters from CDP to FSMOne. What are the fees involved? How does FSMOne handles USD dividends? And how does one credit or debit USD out of FSMOne?

Check out fsm one faq. I think they state there. They don’t charge for transfer in. But I think CDP might charge
 

sCuzzZy

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Sold a counter last Friday(SGX) but realized the proceeds doesn't gets back to the cash account immediately. I mean it's available in my purchase power and I can purchase(probably? didn't try) a SGD denominated counter, but I actually wanted to convert it to USD on friday night and I can't.

At this moment its still not available.

Any idea how long does it usually take for the proceeds to reflect in the liquid cash account?
 

reddevil0728

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Sold a counter last Friday(SGX) but realized the proceeds doesn't gets back to the cash account immediately. I mean it's available in my purchase power and I can purchase a SGD denominated counter, but I actually wanted to convert it to USD on friday night and I can't.

At this moment its still not available.

Any idea how long does it usually take for the proceeds to reflect in the liquid cash account?

T+2 for settlement
 

Moowoow

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anyone using FSMone auto-sweep to park your cash?

0.75% p.a. still better than CIMB/esaver/isavvy accounts
I also thinking of this, but recently it drops to 0.7%, any idea why Phillips mmf cash rate is lower at 0.6% for the comparable period
 

Moowoow

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Dear All

I have an enquiry about the Auto-Sweep Account.

Will you incur a loss for your money in the Auto-Sweep account?
or Anyone does?

Thanks
Unless sgd deposit rate goes negative, its unlikely for now
 
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