Hi all,

Let's say I ask my remisier to sell Stock A for RM20k and, later on the same day, ask him to buy Stock B for RM18k.

i) Can the money from the sale of Stock A be used to pay for Stock B or do I have to pay first for Stock B?

ii) Is sale of Stock A and purchase of Stock B on same day considered one contract aka cheaper than if I buy or sell on different days?

Thanks.

Noob question here, on behalf of my dad.

Is it safe and normal practise to pass a cheque (with substantial payment) to a remisier that one has known for only a few days?

The cheque is "AC Payee Only" and the payee is the investment bank.

Is that safe enough? Cause I heard scam artists have means to "adjust" the info on the cheques?

(for certain reasons, cheque deposit machine/payment at counter are not options)

This post has been edited by GenY: Jun 4 2011, 10:52 PM

Hi all - a quick question.

If I want to deposit a cheque into a cheque deposit machine and the payee is OSK Investment Bank, what should I write on the back of the cheque - on the space for account number, name and contact number?

Is it the account number of OSK and name = OSK? What about contact number - should I put my remisier's or the bank's general line?

Thanks.

This post has been edited by GenY: Jun 13 2011, 11:55 AM

Thanks!