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> Trading stock via maybank2u, let discuss

aeronic
post May 18 2009, 04:54 PM
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QUOTE(zaurus @ May 18 2009, 04:09 PM)
Can't log in to Maybank OST using IE8 even using Compatibility View. Downloaded the Cab file and updated Java, but no results. Using Windows 7 RC 64-bit.

Any idea ? smile.gif
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been using it on IE8 Compatibility View, XP SP3 since morning till now.
no problems.
don't waste time updating your Java VM, there is not part of maybank2u stock trading that requires Java VM available locally.
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zaurus
post May 18 2009, 05:58 PM
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QUOTE(aeronic @ May 18 2009, 04:54 PM)
been using it on IE8 Compatibility View, XP SP3 since morning till now.
no problems.
don't waste time updating your Java VM, there is not part of maybank2u stock trading that requires Java VM available locally.
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can view the Online Stock d after using IE8 32-bit. I think the OST only supported 32-bit IE browsers, not 64-bit ones. smile.gif
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erekit
post May 18 2009, 11:25 PM
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last time heard the maybank online share trading can buy/sell from 6pm-9pm for tomorrow order

seems like it is like that

previous night, i place buy order at 8pm, it did work

tonight, i try place buy order at 11pm....it didn't allow
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Brotherjoe
post May 18 2009, 11:48 PM
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QUOTE(erekit @ May 18 2009, 11:25 PM)
last time heard the maybank online share trading can buy/sell from 6pm-9pm for tomorrow order

seems like it is like that

previous night, i place buy order at 8pm, it did work

tonight, i try place buy order at 11pm....it didn't allow
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Infact the system only allow you to place order from 6pm to 10pm for the next day trade.
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PureGeek
post May 19 2009, 11:23 PM
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is it true that you dont get annual reports when u have hold/bought stock via mybank2U
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sjz
post May 20 2009, 09:14 PM
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anyone can explain some about maybankinvest to me here? tongue.gif
because i am using a cash account.
so just now at around 1pm i make a order of 50 units of shares at a certain price which is lower than the market price at the moment.
(they send the order at 2pm)
after an hour, at 3pm, it shows 'all matched', so i should had bought the shares right?
but the weird thing is the balance in my premium-i account haven't been deducted.
so will it be deducted tomorrow or?
or i still didn't get the share?

This post has been edited by sjz: May 20 2009, 09:17 PM
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masterjedi
post May 20 2009, 09:18 PM
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QUOTE(sjz @ May 20 2009, 09:14 PM)
anyone can explain some about maybankinvest to me here? tongue.gif
because i am using a cash account.
so just now at around 1pm i make a order of 50 units of shares at a certain price which is lower than the market price at the moment.
(they send the order at 2pm)
after an hour, at 3pm, it shows 'all matched', so i should had bought the shares right?
but the weird thing is the balance in my premium-i account haven't been deducted.
so will it be deducted tomorrow or?
or i still didn't get the share?
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belum lagi ma.. have T+3 that also call due date time. for right now u can play contra if the market is up..
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sjz
post May 20 2009, 09:21 PM
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haha...oh i see.
so the funds will only be deducted within 3 working days la?
i am using cash account so can't play contra la.. smile.gif
quite dangerous la for the contra thing.. tongue.gif
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kmarc
post May 20 2009, 10:02 PM
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QUOTE(sjz @ May 20 2009, 09:21 PM)
haha...oh i see.
so the funds will only be deducted within 3 working days la?
i am using cash account so can't play contra la.. smile.gif
quite dangerous la for the contra thing.. tongue.gif
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The funds will be deducted on T+3 which is the settlement date.

Cash account can also contra (contra just means buying and then selling before T+3), and it is no more dangerous than non-contra trading..... both are risky... wink.gif
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zaurus
post May 21 2009, 12:39 AM
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just want to share that if you're using Windows 7 RC, you can't save your 'My Favourite' lists for good. Would have to add the list back every time you logging in, so rather quite troublesome and time consuming.

So, for convenient of trading, keep XP or Vista. smile.gif
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joenjill
post May 24 2009, 12:50 AM
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can i apply the trading acc at M2U? must go investment branch?
which 1 is better? Margin or not margin acc?
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DanielW
post Aug 6 2009, 09:44 PM
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QUOTE(joenjill @ May 24 2009, 12:50 AM)
can i apply the trading acc at M2U? must go investment branch?
which 1 is better? Margin or not margin acc?
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Margin financing means borrow bank money to play stock..so the risk is higher..if after T+3 the share price drop, you'll have to sell at a lose. Share margin financing is meant for short term trading..so the risk of losing money is higher..unless you're very very very sure that the share price will increase within 3 days after u bought the share (take into account also the brokerage fees)..otherwise better invest with your own money ;-)


Added on August 6, 2009, 9:45 pmDoes anyone know the meaning of the "Bank Value" column (beside Market Value) in the Monthly Statement?

This post has been edited by DanielW: Aug 6 2009, 09:45 PM
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kroegand
post Aug 6 2009, 09:54 PM
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QUOTE(DanielW @ Aug 6 2009, 09:44 PM)
Margin financing means borrow bank money to play stock..so the risk is higher..if after T+3 the share price drop, you'll have to sell at a lose. Share margin financing is meant for short term trading..so the risk of losing money is higher..unless you're very very very sure that the share price will increase within 3 days after u bought the share (take into account also the brokerage fees)..otherwise better invest with your own money ;-)

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Is it a must to sell after T3?? I thought they'll only force sell when there is a margin call only?? as long as the margin is not at the specified level, those shares won't be sell but the customer will need to pay interest on the amount use to buy the share??

please correct m if i'm wrong
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mopster
post Aug 7 2009, 06:39 PM
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Hi M2U users,
Does Maybank provide CrossBorder trading service ? thanks
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sjz
post Aug 7 2009, 06:56 PM
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if you want to trade online stock, DON'T USE MAYBANK!
their server and website simply sucks.
Why?
(1)when you type ost.maybank2u.com.my which is the direct link to the online stock, after you type in your user name and password, often you will be redirected back to www.maybank2u.com.my and you need to login again there.
what for? pretty stupid i guess.
(2)some more their server is very sluggish when sending order, you can try yourself, my experience is btw. Maybank and Jupiter.
Maybank only sent my order to BMSB (appear in the Q) after at least 30 secs or upto 45 secs after i place my order while Jupiter sent my order to BMSB almost immediately or within 5 secs.
(3)you can only check your account balance once in a bluemoon, because most of the time you will get server busy problem but they already improve this features nowadays, i get higher chance of success when attempting to check my balance.
(4)the Portfolio for Maybank isn't that good compared to its competitor, you only can view how much share you own but you can't view how much you earn or lose.
(5)Maybank Invest appeared that they charge 0.1% or min RM8 for cash account but they charge RM12 or 0.42% first and only refund the difference every 10th of each month, what for???
(6)the most weird thing about Maybank invest is that they don't have a central customer service hotline which you can refer to when you encounter any problems, i tried called to 1300-88-6688, they ask me to call some 03 number but end up they tell me they don't have central customer service and they can't check my account details, i need to REFER TO MY OWN BRANCH REMISIER if any problem arose.
doesn't it sound weird?
(7)there is a great chance that they will having schedule maintenance during weekend (after friday market close until sunday midnight), today luckily didn't have this stupid maintenance.

This post has been edited by sjz: Aug 7 2009, 06:59 PM
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SkyAngel
post Aug 10 2009, 02:58 PM
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Hello,

Anyone know where is the t3 features where i can buy first and pay later?
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mopster
post Aug 10 2009, 07:24 PM
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QUOTE(sjz @ Aug 7 2009, 06:56 PM)
» Click to show Spoiler - click again to hide... «

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I agree with you...
1)Yeah I experienced that many times.. worst still I have to relog just to view research and announcements
2)My remisier is very good, placing order isnt a problem to me..
3)Viewing Account Summary is painfully slow and doesnt work most of the time... sad.gif
4)My portfolio doesnt work...
5)Not sure about the charges..
6)Have you tried contacting your remisier ?
7)yup...
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IGax2000
post Aug 10 2009, 07:31 PM
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QUOTE(sjz @ Aug 7 2009, 06:56 PM)
if you want to trade online stock, DON'T USE MAYBANK!
their server and website simply sucks.
Why?
(1)when you type ost.maybank2u.com.my which is the direct link to the online stock, after you type in your user name and password, often you will be redirected back to www.maybank2u.com.my and you need to login again there.
what for? pretty stupid i guess.
(2)some more their server is very sluggish when sending order, you can try yourself, my experience is btw. Maybank and Jupiter.
Maybank only sent my order to BMSB (appear in the Q) after at least 30 secs or upto 45 secs after i place my order while Jupiter sent my order to BMSB almost immediately or within 5 secs.
(3)you can only check your account balance once in a bluemoon, because most of the time you will get server busy problem but they already improve this features nowadays, i get higher chance of success when attempting to check my balance.
(4)the Portfolio for Maybank isn't that good compared to its competitor, you only can view how much share you own but you can't view how much you earn or lose.
(5)Maybank Invest appeared that they charge 0.1% or min RM8 for cash account but they charge RM12 or 0.42% first and only refund the difference every 10th of each month, what for???
(6)the most weird thing about Maybank invest is that they don't have a central customer service hotline which you can refer to when you encounter any problems, i tried called to 1300-88-6688, they ask me to call some 03 number but end up they tell me they don't have central customer service and they can't check my account details, i need to REFER TO MY OWN BRANCH REMISIER if any problem arose.
doesn't it sound weird?
(7)there is a great chance that they will having schedule maintenance during weekend (after friday market close until sunday midnight), today luckily didn't have this stupid maintenance.
*




totally agree. their online stock service really rclxub.gif
once i can't see the online stock screen, call to service department 100++ times, nvr solve
then i shift to CIMB...all i can say is very good!! thumbup.gif
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poker
post Aug 19 2009, 11:36 PM
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I am currently using maybank2u to trade and it is a nominee account. Will I be able to receive annual reports etc?

I was told that dividends will be paid into my account but what about annual reports?
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wtfoo1
post Aug 19 2009, 11:40 PM
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QUOTE(poker @ Aug 19 2009, 11:36 PM)
I am currently using maybank2u to trade and it is a nominee account. Will I be able to receive annual reports etc?

I was told that dividends will be paid into my account but what about annual reports?
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Your annual report will be send to nominee a/c, i.e. maybank. If u required the annual report, or want to attend AGM, etc, you need to tell your remiser/ agent you wish to do so.
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