Need help with DBS Vickers

[Happyscorpio]

Hi all, i sold all my shares in DBS Vickers via Sell Contra today.
However when i log in to my dbs ibanking, it shows negative balance from my brokerage account.

i was confused, can someone advise on this pls?
Thanks a lot and have a great day

 

[reddevil0728]

Hi all, i sold all my shares in DBS Vickers via Sell Contra today.
However when i log in to my dbs ibanking, it shows negative balance from my brokerage account.

i was confused, can someone advise on this pls?
Thanks a lot and have a great day

when did you buy the shares?

 

[Happyscorpio]

when did you buy the shares?

Hi, i bought the shares like last wk.
I can see the some of the shares i bought alrdy reflected in my CDP acct whereas some are still on transition today.

but i sold all off using DBS Vickers.
I can confirm that the quantity of the shares insold were correct to the amt i bought.

 

[Happyscorpio]

By default, the sell contra box was ticked, so i didnt think much.

 

[reddevil0728]

not sure if sell contra will have similar effect as just sell. since u can sell with vickers with shares from CDP.

anyway not sure if you notice, you can buy shares using other brokers and have shares in CDP, but not reflected in DBS vickers portfolio. so that 1 is more of reporting/indication rather than like live status.

 

[ahteckk]

u can try calling the bank to offset the contra position with the earlier buy position, your contra trade is a new trade will need to square off by end of trading day if i m not wrong.

 

[gold_eagle36]

TS still around, so did DBS take it as a naked short?