It does not necessary to trade US shares through online trading. You can trade US shares through Malaysia broking firm such as OSK. Most importantly, you are serviced by a company dealer (company's remisier). If you are interested to know more, you are welcome to contact me for inquiries. My contact no is 0162677903, MSN : boonhan_choo@hotmail.com, email:boonhan_choo@hotmail.com

This post has been edited by boonhan_choo: Feb 10 2009, 08:48 PM

It does not necessary to trade US shares through online trading. You can trade US shares through Malaysia broking firm such as OSK. Most importantly, you are serviced by a company dealer (company's remisier). If you are interested to know more, you are welcome to contact me for inquiries. My contact no is 0162677903, MSN : boonhan_choo@hotmail.com, email:boonhan_choo@hotmail.com

This post has been edited by boonhan_choo: Feb 10 2009, 08:57 PM

The reason i am creating this post is to informed most investor who are interested to trade US market shares but doesnt have a clear idea of how to do it. I noticed there are quite a number of post in this forum regarding how to trade foreign shares. Basically most people doesnt aware that they can trade foreign shares such as US, Hongkong, UK, Aus, Singapore shares through local securities firm. This is because only a few local securities firm offers such service to trade foreign shares. I am basically an equities dealer representative from OSK investment bank berhad. OSK provides interbroke services to trade foreign shares which they have been doing for quite a long time ago. Currently there are hundreds over client opened a trading account with me just to trade AIG and citigroup shares. What it means by interbroke is that OSK will place an order for their client through our subsidiary in singapore which is DMG partners which then DMG partners will forward the client's order with US broking firm. The advantages of trading through interbroke services is that all your account is managed by OSK in malaysia and you are serviced by the OSK companies dealer representative(company's remisier). The different between interbroke service and direct trading is that you have somebody to deal with instead of dealing with US directly with no clear vision of what is happening and who is handling your account. With a person handling your account, you are able to obtain advises and also efficiency in all kind of complicated procedures that you might face. In order to trade foreign shares, all you need to do is just opened a normal trading account with OSK which is 2 in 1, that enable you to trade local and foreign shares. If you have any further enquiries about trading foreign shares, you can contact me through my handphone,email or msn.

This post has been edited by boonhan_choo: Oct 8 2008, 03:33 AM

First of all before you want to invest in US stock, you must consider the alternatives to trade in different markets/exchanges. Basically, there are two options which are available:

-Direct investment account with foreign broker
-Inter-broker omnibus / custodian account

Direct account basically means that you directly open an account with foreign broker in the foreign country. Example you can open a direct account with a broking firm in US. However, you are basically dealing with the broker in US and most of the time, its self-service. Every trade is done online by your own without the help of any brokers. Take note that you must also ensure that the direct account opened with the foreign broker offer custodian services as well. Otherwise, should there be any corporate exercises such as right issues, you will be going through plenty of trouble because your broker will not handle any of these corporate exercises for you. Instead yourself will have to do it on your own.

The inter-broke services/custodian account on the other hand are more convenient. Inter-broker services basically means that you will open an account with a local broking firm and the trading of shares on foreign market will be done through this local broking firm. basically, you will be dealing with the local broker. All you need to do is just to open a normal local shares trading account. With this account, you are able to trade multiple exchanges/market worldwide. You will not have to worry on the transfer of money part and other issues such as corporate exercises. Most of the time, interbroke services come along with custodian services to manage all your shares and corporate exercises such as dividend, right issues and so on.

If you are interested to know more or to open an account kindly contact me at 016-2677903, steve choo. You could also add me on msn boonhan_choo@hotmail.com. i am actually a dealer. Thanks

This post has been edited by boonhan_choo: Sep 29 2009, 12:41 AM