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 Online trading with i*Trade@CIMB, Trading using i*Trade@CIMB? join here.

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Cubalagi
post Aug 6 2019, 02:29 AM

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QUOTE(Arvinaaaaa @ Aug 5 2019, 07:53 PM)
Hi, newbie here,  I've sold a few shares using the cimb itrade app, may I know how long does it take to process until the money appears in my bank account? Do i need to do any additional steps for the withdrawal process? Thank u
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U mean the CGS-Cimb itrade, which is the new name?

When u sell a stock, you get the proceeds in 2 days excluding the transaction date. (This is called T+2 btw). The money will go to your brokerage trust account, not your normal bank account.

To withdraw from ur trust account to your normal bank account would require an additional process..usually an email. Not sure how long it will take for CGS-Cimb, but won't be too long.

Personally I rarely withdraw from my trust account. Probably once or twice a year.


Cubalagi
post Aug 29 2019, 02:32 PM

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QUOTE(prophetjul @ Aug 29 2019, 01:23 PM)
Can you access London and Aus stock exchange through this online brokerage?
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What's interesting about London and Ozzy market now?

This post has been edited by Cubalagi: Aug 29 2019, 02:32 PM
Cubalagi
post Nov 25 2019, 06:25 PM

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QUOTE(tboxmy @ Nov 25 2019, 04:45 PM)
This cimb itrade isn't Malaysia? Online, I click and follow links ended up at this site with Sgp contact number.
https://www.cgs-cimb.com/intl/en/contact-us

How is this itrade related to cimb? or is it just another stock broking house?
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Cimb is now JV with China Galaxy Securities (CGS) for the stockbroking business.

That link is the Singapore JV company platform.

The Malaysian Cimb-CGS platform is still called itrade.

Cubalagi
post Nov 26 2019, 11:34 AM

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QUOTE(djhenry91 @ Nov 26 2019, 11:17 AM)
1st of july website itradecimb.com.my got inform about JV
2nd all existing cimb and jupiter client receive mail letter about the jv.
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Itrade website is really old tho.. If it's a hotel, I rank it 2/3 stars only. Needs a makeover.
Cubalagi
post Jan 31 2020, 10:00 AM

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QUOTE(djhenry91 @ Jan 30 2020, 10:58 PM)
focusp is ace market so colour different
fbmklci is sw so different colour again
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Fbmklci-ea is an ETF, not warrant
Cubalagi
post May 6 2020, 05:44 PM

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QUOTE(Shasha0829 @ May 6 2020, 05:40 PM)
Hi, im newbie here. If the order status is filled, does it mean i successfully bought it?
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Yes..congrats!
Cubalagi
post Jul 14 2020, 05:15 PM

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QUOTE(marikoken @ Jul 14 2020, 04:50 PM)
So frustrating! There it goes again! When SUPERMX was waterfalling (~4:20pm 14/7/20), I got logged out of the system and couldn't log back in again. It seems to do this at critical times. Maybe it can't handle a surge in execution. Disappointing!
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I think many broker platform hanged or lagged during 4+ PM time. Turnover today is like RM8 billion, which is crazy levels for bursa.
Cubalagi
post Nov 1 2020, 11:56 AM

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QUOTE(saiga @ Nov 1 2020, 09:49 AM)


Read the FAQ in Bursa Malaysia website stated that individual can only have 1 CDS account  hmm.gif
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For Malaysia, it's 1 direct CDS account per broker.

Cubalagi
post Feb 13 2021, 09:40 AM

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QUOTE(halotaikor. @ Feb 13 2021, 09:21 AM)
if we keep money inside the CDS will we get interest ?

i just checked my monthly statement suddenly received RM1.31

0. BALANCE BROUGHT FORWARD
01/02/2021 BF             154.95CR
1. INTEREST FOR TRUST
02/02/2021 TR   1.31CR
  TOTAL INTEREST   1.31CR

  BALANCE (EXCLUDE CURRENT MONTH INTEREST) DUE TO YOU AS AT 13/02/2021   156.26CR


is this really interest or is it dividends coming from stocks owned?
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It's bank interest.

A broker is required to place its customers extra cash in a bank trust account. This account gets some interest and the broker pass some of this bank interest to you. The interest rate will vary by broker, some don't even give I think.

P/S strictly speaking there is no such thing as "money in cds". CDS is the name of the account where your shares are deposited with Bursa. Your extra cash are deposited in a trust account with a bank.

This post has been edited by Cubalagi: Feb 13 2021, 09:43 AM

 

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