They don't have too many copy I suppose. As one shareholder (broking house) will be sent one copy of annual report only so they need to photocopy for you as they might have one copy only!

It could be true.... i used to get several copies of annual report because those stocks are in different CDS account. Do you get that too? I mean if they are at different account

Yes, different CDS is treated differently. If you have 3 CDS that have the same stock, you might be getting 3 copies.

Hi, have been gone through all the post from page 1 til now. It's quite useful especially for a beginner like me.

I plan to open a hle account, what i need to prepare eg: any documents, charges?

Btw, I suggest to pin this thread up

I recently realised there are 2 HLeBroking's. One is HLG Securites, and the other via HL Bank.

If you filled in the form from www.hlebroking.com (which is HLG Securites), and then go in to the bank to submit the form, the BANK will tell you to fill another form all over again because it's not the same hlebroking even though they are called the same thing from the same HL Group. Confused?

The only thing you need to bring is your IC. Charges are here http://www.hlb.com.my/ahlb_hle.htm

how to know either our acc is nominee or others? ..

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Added on May 16, 2008, 7:00 pmI already have acc with RHB Invest and let say I want to open stock acc with HLe, I do not need to register new CDS right? I just give the current CDS no with RHB Invest. Is it?

I might change the broking house for lower brokerage fee. RHB Invest is rm28 min. HLe might attracts me. .

1 more question, if I open normal account with HLe (not intraday acc), do am I allowed to sell it on the same day?

This post has been edited by Seng_Kiat: May 16 2008, 07:00 PM

As I understand it, each brokerage company will open a separate CDS account for you.

With HLe, the same account can do both normal trade and intraday - it's just that the brokerage fee is lower for intraday.

Really thanks for the link and u list out there are 2 different type of services provided by HL Group. Do you know where can find the information about these 2 type of services?

I wonder which brokerage company manage to grab the price you wanted faster than the other brokerage company? I m using osk188, usually they cannot catch the price fast enough especially on hot counter.

The order system is centralized and quotes are queued on a first come first serve basis if entry is done during market hours. If the order entry is done off-market hours, it will be fulfilled on a random basis.

There shouldn't be a case like what you described. Only explanation is that not enough liquidity at the price you set at.


This post has been edited by Justmua: May 17 2008, 08:09 AM

Which mean it is faster to get the price during market hours than off-market hours? example, I enter on sunday to buy TMI at 7.85 (reference price). Order submitted on next Monday morning. i still couldnt manage to get it though. Once the TMI open, price shoot up to 8.30.

If you wish to buy but there is no seller at your price, how to match??? For every buyer, there must be a seller and vice-versa. It is not a matter of faster but of liquidity. So, if the minimum price anyone wants to sell is 8.30 but you are adamant about your price, no match lar... Simple as that. You either up your price or you wait lar... If price drops, you may get it. If price doesn't drop, you miss the boat.

If you want to understand price action better, go to pasar malam and see how the husewives bargain with the traders. Sometimes each party win, sometimes no deal done due to no match.

Other consideration when determined the best trading platform for yourselves...

I had open HLe... too bad for me, I cant used it at office... my company network proxy had blocked it. Take note on IT technical side too... kekeke...

Therefore, Im using CIMB iTrade now... They provide foreign trading as well...

I have a question.

I already sold my IPO share thru OSK188. Will they auto credit the money into my Maybank account or do I need to call them? I remember last time I sign a bank-in slip which allow them to bank in the money to me.

Already 4days, still no sign of the money going into my maybank account.

I would like to know how much it cost for purchasing stock online.
Hmm, like make it simple in this way.

I wanna buy share of RM1000 for long term investment, which bank/service provider charge me lower? What is the total cost after include brokerage fees?

HLE = ?
CIMB/iTrade = ?
Maybank = ?

If possible, mayb just direct the percentage they charging ?
thanks for the one who willling answer this math question, appreciate for it

nominee account good for ppl on the move,
dividend paid to nominee and then bank in to bank acc.
direct account u get cheque.
so it depends.
nominee acc no need to worry about lost cheque
good if u don't bother to attend AGM etc or to read Annual report (can download from Bursa)
otherwise get direct one.

Avoid Maybank2u at all cost. Their trading platform are very unreliable. Like today, I can't access the online trading until 9.20am; the page load so low and then time-out. After complaining to the HQ, the system comes back to normal. Lost good opportunities to grab very low shares during opening chaos.

just wanna check the hle trading got cds account to open ah??

HLE, cheap RM12 for brokerage and couple of bucks for Stamping and clearing fee (which is cheaper than your regular roti canai and Teh Tarik)

iTrade = RM28 for brokerage, same I guess for Maybank.

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Added on May 29, 2008, 12:29 amIs this true? I asked my dealer and she said no?

Called my other remisier and she said no as well.

Like online trade, the Queue send to Bursa after 8.30am.

This post has been edited by zamans98: May 29 2008, 12:29 AM

It is because KLSE trading system only will start to accept order after 8.30am.

For online portal, I, personally think one should choose based on efficiency of the investment banks and its site. Commission rate should be the secondary consideration. You don't want to have a cheap min commission but the site always down or not efficient in carry out order which might cost you more with lose of opportunities.