QUOTE(wenjie86 @ Jan 15 2008, 12:57 PM)
hi guyz, am new here
wanna ask ya, i got CDS account but dont have trading acc.. so, still can buy stock?
Not possible, you need a trading account for the transaction.wanna ask ya, i got CDS account but dont have trading acc.. so, still can buy stock?
QUOTE(smartly @ Jan 15 2008, 02:23 PM)
Strange ??? why no trading account, when you sign up an CDS account with a broker it should come with it. If no trading account of course cannot trade, i presume....
Possible as one can always only open only CDS to keep their shares if they don't intend to trade eg. you don't have any CDS when applied IPO for shares, you open an CDS for this purpose but don't need trading account to apply for IPO. There is no rules that one must open a trading account when open a CDS account, although it doesn't make sense not to have one (trading account) but one can always only open CDS to keep their shares only, and want to trade open the trading account later.
QUOTE(TopGunn @ Jan 15 2008, 02:28 PM)
He/she got no trading account, then means he/she doesn't have a remiser serving for him/her.This post has been edited by cherroy: Jan 15 2008, 03:06 PM