May I know what is the easiest way to open Jupiter trading account without presenting ourself at Jupiter and which part of KL Jupiter situated?

Have you any idea the consequences of our cash in the trust account should Jupiter went busted?

Thanks

Yup, I am kiasi so I asked first, but others are just to shy to ask as knowing very well the answer will be what all like to hear.

Anyway, probably will make a trip down next week to open account, then transfer some shares over to get margin to buy then no need to always transfer cash. (very ma fan).

By the way, CDS account will come later or on the spot? If I can get the CDS account immediately, I can go to securities firm and Maybank to do transfer straight away than to make another trip.

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Added on December 4, 2009, 5:08 pm
Bank Negara guarantee all bankings moneys the citizens put in. I suppose Investment bank will fall into this group. What about securities firm, Is it guarantee included CDS account?

Anybody still remember the case of Omega which the investors cannot take out their shares even in CDS account.

Somebody care to elaborate?


This post has been edited by protonw: Dec 4 2009, 05:08 PM

I was told we can only chose either one. Is it true?

Actually I wonder where you got the information of Jupiter is having nominee account.

I have Bursa Malaysia Depository Sdn Bhd opening account form right in front of me with CDS account number 055 -xxx-xxxxxxxxx

Unless they have both but unlikely because they are not bank with is regulated by Bank Negara.

I think that CDS is Maybank nominee CDS account number.....

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Added on December 11, 2009, 1:33 pm
My dealer just confirmed my account is personal direct account therefore is direct CDS account.

This post has been edited by protonw: Dec 11 2009, 01:33 PM

Kei, I have got mine opened and traded. I also received my CDS confirmation from Central Depository Bureau..... So no worry, is CDS unless you ask for nominee which I am not sure as I didn't ask for it....

And their trading platform is much better than Maybank. Order get confirm by Bursa just within seconds. Not like Maybank.... Always queue at the last....

Is Jupiter 0 brokerage still on?

I have been using Jupiter just about a month a go.... so far so good.... and I switch user's too... I am using streamyx.... I supposed you guys that using Maxis ISP has got problems...Check with them.

Due to their useless, they have themselves shared more of the cake because the user has to subscribe all of them just in case one of them failed.