1.) Can we open CDS(Non nominee) with Maybank?
2.) When we do sell shares,let's say 1000 units,we do get paid immediately or we have to wait for buyer?
Thank you.
Trading stock via maybank2u, let discuss
Trading stock via maybank2u, let discuss
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Dec 3 2014, 12:02 PM
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#1
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1.) Can we open CDS(Non nominee) with Maybank?
2.) When we do sell shares,let's say 1000 units,we do get paid immediately or we have to wait for buyer? Thank you. |
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Dec 3 2014, 03:57 PM
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#2
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QUOTE(felixmask @ Dec 3 2014, 02:10 PM) 1) Yes; there two type branch office. you cant cross open CDS type at different type. Is there such thing as we sell shares but nobody bought it?What will happened then?2) When you buy or sell only success when your transaction is match with someone. When buy or sell als T+3 to clear the transaction. |
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Dec 4 2014, 10:11 AM
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#3
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QUOTE(felixmask @ Dec 3 2014, 04:03 PM) Wow...is easy So basically selling shares when the price goes up doesnt mean we will get profit(provided that we have included broker fee/tax/etc) unless there are buyer for the share,am I rght?try to to sell your House higher price....what happen ? try to sell your House lower price ...what happen ? Will you buy House higher price..what happen? Will you buy House at Lower price what happen? Answer is » Click to show Spoiler - click again to hide... « Assume if we sell on day 1 200shares at the price RM5.00,but we manage only to sell 100shares instead of 200shares,what will be the selling price on day 2 if the price at day 2 is RM4?Will we be selling at day 1 or day 2 price? |
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Dec 4 2014, 10:52 AM
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#4
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QUOTE(Memories_Fallen @ Dec 4 2014, 10:15 AM) it depends on how much your profit really is Well conclusion is the risk in stock market is so high taking considerations of many aspects.brokeage for m2u quite cheap, roughly rm19 per transaction, normally if u call remisier need bout rm200 -.- if u sell today rm5 100 shares, u left 100 shares, u sell tomorrow at rm4 ur profit is rm5 and rm4 Still deciding to enter or not stock market-reason just for the experince for a start =) usually what is the minimal price different that will make u guys sell the stock? This post has been edited by thenuts15: Dec 4 2014, 10:52 AM |
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Dec 4 2014, 11:07 AM
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#5
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QUOTE(Memories_Fallen @ Dec 4 2014, 11:01 AM) depends, if u urgent need money then quickly sell at a lose For a start any suggestion what stock to look into?if can hold, after u buy, price drop, sure price will go up provided your buying a good one la, preferably blue chip, u buy penny stock sure damn risky, anytime biz can go down Likely will go open CDS (Non Nominee)account with maybank tmr evening..... |
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Dec 4 2014, 11:33 AM
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#6
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Dec 4 2014, 11:46 AM
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#7
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QUOTE(felixmask @ Dec 4 2014, 11:36 AM) May i ask what are the differences?Went to maybak website and searches for Pahang and was given this: Ground Floor, Kuantan Chinese Commercial Chamber Industry (KCCCI), Lot 46 & 47, Section 18, Jalan Bukit Ubi, 25000 Kuantan, Pahang Facilities Equity Investment Centre |
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Dec 4 2014, 11:54 AM
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#8
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Any suggestion where i can open Direct CDS Account in Kuantan?
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Dec 4 2014, 12:03 PM
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#9
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DIRECT CDS ACCOUNT
Account Name - Under shareholder name (eg Mr Zul) IPO application - Eligible Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handle by shareholder Dividend - Send to shareholder or eDividend Attending Annual General Meeting (AGM) - Eligible Annual Report - Mail/ Give letter to shareholder Share transfer - To own or relative account. NOMINEES ACCOUNT Account Name - Under Broker/Bank Name (eg CIMB Nominee Tempatan for/Pledged Securities Account for Mr Zul) IPO application - Not eligible Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handled by Broker/Bank Dividend - Credited to trust/share account Attending Annual General Meeting (AGM) - Not Eligible (but can get Broker/Bank to appoint as proxy) Annual Report - Have to request from Broker/Bank. (but now can easily get the softcopy from Bursa website) Share transfer - Only to own account. |
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Dec 4 2014, 12:04 PM
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QUOTE(thenuts15 @ Dec 4 2014, 12:03 PM) DIRECT CDS ACCOUNT Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handle by shareholderAccount Name - Under shareholder name (eg Mr Zul) IPO application - Eligible Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handle by shareholder Dividend - Send to shareholder or eDividend Attending Annual General Meeting (AGM) - Eligible Annual Report - Mail/ Give letter to shareholder Share transfer - To own or relative account. NOMINEES ACCOUNT Account Name - Under Broker/Bank Name (eg CIMB Nominee Tempatan for/Pledged Securities Account for Mr Zul) IPO application - Not eligible Paperwork on corporate exercise (issuance of right issue/bonus/etc.) - Handled by Broker/Bank Dividend - Credited to trust/share account Attending Annual General Meeting (AGM) - Not Eligible (but can get Broker/Bank to appoint as proxy) Annual Report - Have to request from Broker/Bank. (but now can easily get the softcopy from Bursa website) Share transfer - Only to own account. Does it mean everytime i buy or sell shares i need fill in forms? |
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Dec 4 2014, 02:06 PM
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QUOTE(felixmask @ Dec 4 2014, 12:40 PM) BUY/SELL is not a corporate exercise. If i do open Direct CDS account,can it be used over Maybank2u to purchase stock and apply IPO?contact number for direct CDS acc. Pls call Maybank Investment Bank for Kuantan branch. Helpline: 03 2997 8888 Does applying new IPO require to fill up forms through Maybank2U? |
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Dec 4 2014, 02:17 PM
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#12
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QUOTE(felixmask @ Dec 4 2014, 02:09 PM) Now it sounds easier.....so what do they mean the bad side of Direct CDS account is have to remember dates n filling forms and do bank draft?can any1 help to elaborate more on it? which is the better bank to do online trading? |
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Dec 4 2014, 02:49 PM
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