FSMOne web platform

[Oppa380]

I think just need to do 2 things - SGX linkage (2-3 working days?) and enter your CPFIS account details (immediate). And then wait for the notification from CDP that it has been linked to FSM.

They emailed me for cdp linkage today
Did they email you for cpfis linkage?

 

[lzydata]

They emailed me for cdp linkage today
Did they email you for cpfis linkage?

I think there isn't any email for CPFIS, we just enter the particulars that's all.

 

[WhiteStone]

Anyone read the FSM articles? Worthy buying their recommendations?

 

[reddevil0728]

Anyone read the FSM articles? Worthy buying their recommendations?

no different from all the other articles out there which has a pov

 

[foo9883]

for cdp transactions, cheapest is:

Buy: DBS Vickers cash upfront
Sell: FSMone

Is it?

 

[vsvs24]

for cdp transactions, cheapest is:

Buy: DBS Vickers cash upfront
Sell: FSMone

Is it?

That's what I am doing.

 

[highsulphur]

for cdp transactions, cheapest is:

Buy: DBS Vickers cash upfront
Sell: FSMone

Is it?

DBS is 0.12% min $10.80
FSMOne is flat $8.80

How is dbs cheaper?

 

[waxqube]

DBS is 0.12% min $10.80
FSMOne is flat $8.80

How is dbs cheaper?

Fsmone only allows sell from cdp.

Anyway, yeah I'm also using this method, cheapest I found so far

 

[foo9883]

DBS is 0.12% min $10.80
FSMOne is flat $8.80

How is dbs cheaper?

Fsmone only allows sell from cdp.

Anyway, yeah I'm also using this method, cheapest I found so far

Yes afaik FSMone only allows sell from cdp.
But if I'm wrong pls correct me

 

[reddevil0728]

DBS is 0.12% min $10.80
FSMOne is flat $8.80

How is dbs cheaper?

cause FSM purchase is custodian not direct CDP

 

[vsvs24]

Yes afaik FSMone only allows sell from cdp.
But if I'm wrong pls correct me

FSMone can sell from CPFIS. I asked before although I have not done it.

And FSMone can sell from shares purchased from its platform which it holds instead of CDP.

 

[waxqube]

FSMone can sell from CPFIS. I asked before although I have not done it.

And FSMone can sell from shares purchased from its platform which it holds instead of CDP.

Yes, can.

From my experience (have not factcheck the latest),
CPFIS: buy/sell
SRS: buy/sell
CDP: sell
Custodian: buy/sell

 

[Oppa380]

Anyone buy odd lot before on fsm?

Example is want to buy 1015 shares

Do you key in 1000 in fsm and call to buy 15 shares or just call to buy 1015 shares?

 

[DevilPlate]

Anyone buy odd lot before on fsm?

Example is want to buy 1015 shares

Do you key in 1000 in fsm and call to buy 15 shares or just call to buy 1015 shares?

Just call their CSO hotline. They always pick up promptly

 

[nickky]

DBS is 0.12% min $10.80
FSMOne is flat $8.80

How is dbs cheaper?

How does the flat $8.80 for FSMOne work actually? I recently sold some DBS shares and the confirmation note shows the following:

===============================

Fees (Inclusive of GST, if applicable)

Exchange Clearing Fee (0.03250%) SGD 5.05
Exchange Settlement Instruction Fee SGD 0.38
Exchange Trading Fee (0.00750%) SGD 1.17
Processing Fee (0.061128%) SGD 9.50
Total Fees SGD 16.10

==============================

I dont see $8.80 anywhere.

 

[lzydata]

How does the flat $8.80 for FSMOne work actually? I recently sold some DBS shares and the confirmation note shows the following:

===============================

Fees (Inclusive of GST, if applicable)

Exchange Clearing Fee (0.03250%) SGD 5.05
Exchange Settlement Instruction Fee SGD 0.38
Exchange Trading Fee (0.00750%) SGD 1.17
Processing Fee (0.061128%) SGD 9.50
Total Fees SGD 16.10

==============================

I dont see $8.80 anywhere.

$8.80 x (1 + 8% GST) = $9.50.

 

[Oppa380]

How does the flat $8.80 for FSMOne work actually? I recently sold some DBS shares and the confirmation note shows the following:

===============================

Fees (Inclusive of GST, if applicable)

Exchange Clearing Fee (0.03250%) SGD 5.05
Exchange Settlement Instruction Fee SGD 0.38
Exchange Trading Fee (0.00750%) SGD 1.17
Processing Fee (0.061128%) SGD 9.50
Total Fees SGD 16.10

==============================

I dont see $8.80 anywhere.

SGX fees not included

 

[Leaden]

Seems like FSMOne added at least 6 more etfs to the RSP list.
Among them I think got kraneshares global carbon etf, vaneck gaming etf, ishares msci turkey etf, etc...

 

[cosycatus]

Seems like FSMOne added at least 6 more etfs to the RSP list.
Among them I think got kraneshares global carbon etf, vaneck gaming etf, ishares msci turkey etf, etc...

I still waiting for them to offer lse and all the Ireland domiciled etf

 

[reddevil0728]

I still waiting for them to offer lse and all the Ireland domiciled etf

i think it is easier for them to add ETFs of existing exchanges they have access to, than to go into a new exchange.