Last USD FD at DBS SG due today, money left for IBKR. Overall, since 1st Dec 2022 when my first USD FD came in to DBS SG, I earned an IRR of 4.63% p.a. DBS SG account all clear and empty by now.



This post has been edited by TOS: Sep 19 2024, 10:50 AM

Thank you.
Are we open the account online like IBKR too ?

Yeah, you are right, however I’m exploring options to target TradeStation users for my services.

Also, do they have an office in MY or SG?

Just to know in case there are more complicated matters that might require an in-person visit.

Totally understand. I’m just surveying and checking out options for business purposes as well.
Looking to broaden the range of brokers beyond just IBKR.

Seems like you are trying to start another Rakuten-like broker in Malaysia?

For your case, if you are trying to offer brokerage solution and use IBKR as backend you might want to look at the fixed pricing instead of tiered pricing. The fixed pricing is cheaper for larger volumes vs tiered pricing (geared towards low-volume trades like those from retail investors).

they have sg office. However, Malaysian users (based on country of residence) will be under IBKR LLC not IBKG sg

Don't know if sg will layan if anything happens

FT Opinion | Lex

Private equity is doing badly — however you measure it
Investors desperate to get cash back are putting pressure on funds to capitulate on sales

https://www.ft.com/content/490633f3-c612-44...e5-5c5a15865d4f

(No paywall): https://archive.ph/ttwlz

May i know how is the Rakuten broker model working in Malaysia ?

Ar ,thanks for your advise, however I am not ready to be broker yet.
We are tech vendor that provide integration service or develop automation tools, mainly for IBKR,
and some client always inquiry about other broker especially Tradestation etc.
Therefore i exploring the integration work with it.

Yeah, previously, some clients planned to provide brokerage solutions,
thats relying on them to work things out since it involves regulatory compliance.

haha, not sure ler...
If money stuck somewhere not sure can go sg settle or not. >.<

Oh you provide tech support I see. You know how to do algorithmic/program/portfolio trading?

I don't know much about Rakuten as I don't use their service. You may ask in this thread for matters pertinent to Rakuten: https://forum.lowyat.net/topic/4293611/+1980

Or maybe other sifus can chip in here.

Yeah, sure, most popular so called trading bot, hah.
We develop trading related system, algo, arbitrage, backtest, portfolio analysis, order management etc, and place order to IB.
Even want to integrate with Trading view or want to use AI module etc.

Previously we also exploring opportunity to integrate with bursa broker for algo trading, but no luck yet.

FT Opinion Insurance

Life insurance becomes less boring with creative financial engineering
As the Fed cuts rates, markets are rallying — but there are long-term risks from experiments

by Gillian Tett

https://archive.ph/KQEdV

PE is just kicking the can down the road... Yet another example with Continuation Vehicle...

FT Private equity

PE firm’s many roles attract scrutiny as car parts maker seeks bankruptcy
Clearlake Capital bought, sold and continued to own Wheel Pros even as it collapsed under $1.7bn in debt

https://archive.ph/gHA5V

More bad things about PE... dividend recapitalization

FT Leveraged loans

Private equity firms seek new terms to increase payouts on deals
Lenders are pushing back on ‘high-water ebitda’ provisions and most have been excised from terms

https://www.ft.com/content/03061bdc-d880-4e...01-b4d92f51800b

https://archive.ph/qwK39

-----------------------------

FT Alphaville | Private credit

The dodgy details of private equity’s ‘dividend recaps’
The impact of leveraged payouts examined

https://archive.ph/3lpIe

And the NBER paper for your reference: https://d1e00ek4ebabms.cloudfront.net/produ...8e9d1746f09.pdf

FT Alphaville | Fund management

Renaissance’s shrinking hedge funds
Good gRIEF

https://archive.ph/QkLvy

do you have a bot product or website? pls pm... thanks.

Let me pm you.

Our ready order management system come with basic simple features.
If you feel it doesnt fit your needed and you have an idea, talk to us, we can custom build the personalised system.

Thanks

Take a chance to checking with all sifu.

Can TWS allow us to place special combo orders, similar to options spread orders, eg, mix futures with commodities in a single order?

I’ve done some research and found posts suggesting this is possible,
but I couldn’t locate the necessary menu options in my TWS.
I’m concerned that I may be restricted from these features due to permission settings or tier issues, but I haven't been able to confirm.

If you guys having experience on this maybe can clarify if this type of combo order is indeed supported and what steps I need to take to enable it?

Thank you all.

Hi all, LowYat lurker here, so the current ecosystem for cheapest transfer from MYR to IBKR SG is MoneyMatch or SunwayMoney, right? No need do calculation for me, I just need to know a quick answer MoneyMatch or SunwayMoney transfer time all is within the same day right (for weekday)? Thanks

stephanieKingsley yes and no. (since u wanted quick answer right?)

always compare if u can. when forex is volatile (especially right now), only wise is the one with stable fees (since it's doing business internally with Wise MY vs Wise sg). the others are known to jack up their fees.

This post has been edited by Medufsaid: Dec 21 2024, 12:07 PM

Just an update:

RM20000 to SGD

Wise: 6,179
MoneyMatch: 6201 (+ RM5 fee)
SunwayMoney: 6208 (+ RM8 fee)

So today is SunwayMoney the best. Immediately transferred some more. Thanks everyone!

This post has been edited by stephanieKingsley: Sep 25 2024, 03:57 PM