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 LYN stock market FAQs & Guide, T+3, Dividends, commissions/fees, etc...

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TSkmarc
post Oct 23 2010, 12:56 PM

The future is here - Cryptocurrencies!
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14,576 posts

Joined: May 2006
From: Sarawak



QUOTE(DarkNite @ Oct 20 2010, 04:43 PM)
Anybody can explain what's 'scrip election' means?
*
Maybe you meant scrip dividend? hmm.gif

QUOTE(shanelai @ Oct 22 2010, 04:48 PM)
i just deposited RM100 into my trading account. The trading limit showed RM86.72. Anyone know how to derive this figure?
As far as i know the brokerage fee is RM10, stamp duty RM1 and clearing fee = RM86.72 x 0.03% = RM 2.60
RM100 - RM10 - RM1 - RM2.60 = RM86.40??

I'm on jupiter online anyway
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Errrmmm, why is there stamp duty and clearing fee when you didn't buy any stocks? I think it is better to just ask your remisier about it. wink.gif

This post has been edited by kmarc: Oct 23 2010, 12:57 PM

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