stock broker commission

Rich
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9 years 3 months ago #21583 by Rich

Replied by Rich on topic stock broker commission

CHINA has been running up on artificial buying -- outstanding margin loans surged to 1.08 trillion yuan as of Jan. 13 from about 400 billion yuan at the end of June.

The Shanghai Composite index (SHCOMP) jumped 67 percent in the past 12 months through last week on record volumes as individual investors piled into the market, according to Bloomberg.

Timely indeed for China correction!

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yeng
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9 years 3 months ago #21596 by yeng

Replied by yeng on topic stock broker commission

Do you know that the StanChart equities trading platform is only for experienced investors? If you have never bought a share in your life, you will not be able to open an account with SCB. The exceptions are those who have 'financial education' (a degree n accountancy, for ex) or 'financial working experience' (as an auditor, for ex).

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Joes
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9 years 3 months ago #21603 by Joes

Replied by Joes on topic stock broker commission

I use StanChart and one bugbear is that SC can arrange for me to attend AGMs but I can't go as a shareholder but as an observer (w/o voting rights). The voting rights reside with SC -- my question is, can SC use the block of shares owned by other investors and vote according to its own wishes? does SC have a fund management arm that invests in SG stocks and could command a clout in voting ?

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yeng
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9 years 2 months ago #21653 by yeng

Replied by yeng on topic stock broker commission

martinlee says: Mr Loh Hoon Sun, managing director of Phillip Securities, said: "For a broking firm to process a trade, from getting the order, to the dealer keying in and buying the stock for you, getting out the contract, getting payment from the client, getting the shares into their CDP account - it is a long process to get the trade done.
And whether that trade is S$1,000, S$50,000 or S$100,000, it is the same. So there is a fixed cost for doing business or for executing a trade. So we really cannot bring the minimum too low, that it will not cover our cost."
Going by that logic, shouldn't there be a comm cap for trades of higher value? Since essentially they are doing the same amount of work.

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Rich
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9 years 2 months ago #21661 by Rich

Replied by Rich on topic stock broker commission

Rich wrote: For Poems users.

board lots at 100. You can now buy eg:100 shares of SIA which will cost around $1,150.
If the commission is <$10,min comms :$10
If the commission is >$10, comms 0.28% applies.

-- small beer. Poems comms of $10 lasts for only a brief period between 19 January 2015 till 27 February 2015, both dates inclusive.

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min1xyz
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9 years 2 months ago #21676 by min1xyz

Replied by min1xyz on topic stock broker commission

How to trade CFDs. Find out at CMC Markets free presentations.

Check out:
www.nextinsight.net/index.php/story-arch...ing-with-cmc-markets

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