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 Q&A, General question on stock market

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wenjie86
post Jan 15 2008, 12:57 PM

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From: Will be in your Heart

hi guyz, am new here
wanna ask ya, i got CDS account but dont have trading acc.. so, still can buy stock?
wenjie86
post Jan 15 2008, 01:12 PM

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From: Will be in your Heart

hmm.. interesting.. me myself also interested investing in stock market.

let say if i have 10K cash.. what should i do?
wenjie86
post Jan 15 2008, 07:08 PM

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From: Will be in your Heart

QUOTE(cherroy @ Jan 15 2008, 04:05 PM)
Not possible, you need a trading account for the transaction.
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.
He/she got no trading account, then means he/she doesn't have a remiser serving for him/her.
*
am not sure.. before this i use my CDS account to buy IPO and sell IPO...

i open CDS when i was 18 years old.. about 4 years ago, that time dont have job, still a student, so, only can open CDS


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