facebookHi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account? - Seedly

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Anonymous

07 Dec 2019

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Stocks

Hi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account?

Thinking if it's possible to do so since the fees for Standard Chartered are lower. Thank you!

Discussion (10)

What are your thoughts?

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Nope. SC is a custodian account while DBS deposits to your CDP account. You can sell using FSMOne though! their fees are the cheapest if im not outdated.

No. Standard chartered holds and transacts as your shares under nominee holdings. It is not linked to your own CDP. However you can sell what you bought on DBS vickers via other stock brokerage such as Maybak, UOB etc (BUT not Standard Chartered)

Pang Zhe Liang

Pang Zhe Liang

07 Dec 2019

Senior Financial Services Consultant at AIA Singapore Private Limited

No, it is not possible since they are completely different platforms.

Here is everything about me and what I do best.

I dont think its possible as Vickers store in CDP, and Stand Chart is custodian.

Nope. It is tied to individual banks. Other banks can't see it....

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