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 Trading stock via maybank2u, let discuss

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Yggdrasil
post Jul 31 2020, 02:25 PM

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QUOTE(silverwave @ Jul 31 2020, 02:14 PM)
hi, i'm not sure if anyone notices this, let's say i've purchase share A twice and the amount is already averaged. If i sell some portions of this share, the weighted average doesn't change, is this normal in the app?
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Correct. Selling doesn't change the average buy price.
Buying changes it if you buy at different price.

Case 1: Buying at same price
Buying 100 units @ RM5 and another 100 units @ RM5, means your average price is RM5

Case 2: Buying at different prices
Buying 100 units @ RM5 and another 100 units @ RM6 means your average price is (500+600)/(100+100) = RM5.50

Now let's say from Case 2, you sell 50 units. Your average price is still the same because (500+600-5.50 X 50)/(100+100-50) = RM5.50
Yggdrasil
post Aug 8 2020, 05:17 PM

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QUOTE(anakMY @ Aug 8 2020, 03:46 PM)
Would like to ask, the stock contract statement via physical letter , will they charge for this ?

I already turned on e-statement via maybank2u, but still they sent me the physical mail.
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For usual bank statement they charge RM5 per month I believe.
Physical mail usually come in 1 month later because post man slow (my experience with AmInvestment bank).

If you turn on e-statement today, you might receive last months statements today.
Check with your remisier because bank and investment bank might be different.
Yggdrasil
post Nov 2 2020, 01:04 PM

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QUOTE(Fdie @ Oct 19 2020, 10:01 AM)

I have a Direct CDS Account with Maybank Investment Bank because I initially thought the fee was RM8/0.1%, but instead it was RM28/0.42%. And Based on your previous reply (between MBB IB and MBB IEC, as well only 1 Direct CDS account), do you might know how to retain that Direct CDS Account but get the lowest fee?

I think a lot of people misunderstood that fee because they read from non-Maybank site. When I talk to my remiser, she told me that the fees published in sites are not Maybank's, and even she couldnt find from Maybank sites that listed out the fees. The best that she could do is Acc Mgmt to reduce it but I have to be regular trader (which I dont think I am)
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RM28 is likely collateralised account.
If use pure cash, it's RM12 min.

Yggdrasil
post Mar 27 2021, 01:55 AM

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QUOTE(yuannee @ Mar 27 2021, 01:05 AM)
I linked with my maybank saving account but it didnt show the payment today
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What stock is that?
Yggdrasil
post Mar 29 2021, 12:40 PM

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QUOTE(ozak @ Mar 29 2021, 12:33 PM)
Better go to the branch and check. Might need to setup.

user posted image
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Still need to inform remisier right?

 

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