Aug 6 2008, 08:56 PM
QUOTE(skiddtrader @ Jun 22 2008, 01:34 AM)
1 lot = 100 shares. minimum is 1 lot.
that depend on the remiser. Last time 1 lot=1000 unit now 1 lot=100 unit. i'm still using the old one eventh i start invest last year. but at the end is still the same...how much unit u want to buy and the statment will come as unit not lot !Added on August 6, 2008, 9:14 pm
QUOTE(klsestockreview @ Jan 15 2008, 06:27 PM)
Well put Cherroy! Very clear explaination about CDS and Trading accounts. Actually their names also explain their function. Central Depository System is where your shares are credited/deposited once you make a purchase of an IPO or on the open market. A trading account is simply an account you use to make trades.
sorry to interup...actually how to buy an IPO with CDS and trading account.? I heard that we can buy an IPO 1 day before it close and get our money (in the account) back the next day if it is not sellected.regards
This post has been edited by shahmh: Aug 6 2008, 09:14 PM
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