hong leong ebroking, anyone call me more about this ?
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  Jul 13 2010, 01:44 PM
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#1
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery 
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 I don't understand what this means under the "Settlement" tab in hle. Is it something like T+3? For example I have rm5000 in the account, I buy RM4500 worth of shares, and the acount shows 50% of RM4500 is used up for the trade, does that mean I need to bank in the remaining RM2250 within 3 days or get a margin call? |
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Jul 18 2010, 05:57 AM
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#2
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
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QUOTE(harvin8750 @ Jun 29 2010, 09:27 PM) Dear Sir/Madam, The stock market can remain irrational longer than you can stay solvent - keynesI am a final year student currently pursuing my degree in Bachelor of Commerce (Hons) Finance from Universiti Tunku Abdul Rahman (UTAR). Me and my thesis mates need your help in filling up our survey. This contributes to our final year research project on Investor Rationality in which we are studying about an investor's behaviour and decision making. If you have purchased or dealt with investments in Malaysia such as shares, mutual funds, bonds, fixed deposits and derivatives then you fit our criteria of target respondents. This is an anonymous survey where sensitive information (e.g: total annual income) cannot be tracked to you, your email address or contact number. Select your prefered choice of language. Clicking on the link below will open up the survey form. (In English) Survey:Investor Rationality https://spreadsheets.google.com/viewform?fo...sQVBXM29udEE6MQ (In Malay) Soal Selidik:Pelabur Rasional https://spreadsheets.google.com/viewform?fo...vaUp6Mks5V0E6MQ (In Chinese) 投资者理性 http://spreadsheets.google.com/viewform?fo...JUmpibVYyUUE6MQ The links above do not contain any virus. It leads you to Google docs. Our target is to obtain 500 respondents by the end of July. Please help us achieve this by forwarding this survey to any friends or family members of yours who is also an investor. If you have any queries, please do not hesitate to email me at investor.finance10@gmail.com. Thank You, Harvinder Singh Bachelor of Commerce (Hons) Finance Faculty of Accountancy & Management Universiti Tunku Abdul Rahman  |
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Jul 20 2010, 11:19 AM
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#3
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
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QUOTE Dear Hong Leong Online customers, ]The online service is currently not available. Please try again later. We apologise for any inconvenience caused. Thank you I kept seeing this in the past half hour.  |
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Jul 21 2010, 01:05 AM
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#4
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
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There's some sort of transaction in the share account "CA IBT BRANCH TRANSFER" RM18.3
A deduction by Hong Leong What does it mean? |
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Jul 21 2010, 12:39 PM
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#5
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
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Something new,
1. Hong Leong seems to be using T+2, i.e. payment must be made before 12am on day "3". I'm not sure about this, I banked in the cash last night before 12am, but till now past 12pm I see the money is not yet settled under the 'Settlement' tab. 2. If I have say RM15,000 in my share a/c and a total of RM14,000 is currently tied up in shares with RM1,000 balance, can I still enter contra trades that exceed the RM1,000? QUOTE(smartly @ Jul 21 2010, 10:56 AM) Seem like Current Account InterBranch Transaction. Nothing that day except a settlement was due and I decided to hold on to a stock past the contra nstead of getting out.What did you do recently ?? Does that mean when I pay for a stock HL charge misc fees to transfer the cash into the seller's a/c? |
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Jul 22 2010, 12:50 PM
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#6
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Senior Member
2,850 posts Joined: Aug 2006 From: Stellar Nursery
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QUOTE(smartly @ Jul 21 2010, 01:30 PM) 1. Settlement is done on T+3 after thier banking cycle at night, whatever cross T+3 aka T+4 after 12noon force sell will trigger. Thank you, I called the remisier and clarified everything.2. You have trading limit of 2X of cash, so should be of no problem to do contra trades but subject to trading limit. Think can ask to raise trading limit, please call them up to find out more. No charges for transferring cash to account. Shares transfer to other broker, yes, RM10 per stock. Again call them up to clarify your transactions.  Bte, I'm trying out the osk software as well, and this seems confusing... why is the buy volume and sell volume listed in the opposite in osk?   |
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