Hi guys I just have some questions on hand. I have just started a SCB trading account about 2 weeks back and have tried to purchase some shares from starhub/singtel. I have some questions in mind and hope some experienced guys here can help me with it.
so i bought 500 Starhub shares @ 4.02 ($2010, on 03/06/2015) and 500 Singtel shares @ 4.14 ($2070, on 05/06/2015) I have deposited slightly more than enough money in my SECURITIES SETTLEMENT ACCOUNT just for like the fees and all. To be exact I have the amount I have in that account is $4135.
Here is the questions:
1) both orders has been filled which I assumed I have got them at the price I wanted but the money (shares+fees) weren't deducted from the securities settlement account. Is it supposed to be that way? I just find it quite hard to know exactly what is the balance I have left in the account. I am guessing it will take a few days for them to process but that is just a guess.
Thanks in advance to anyone who have helped