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Anonymous

31 Jul 2020

General Investing

How do you buy DBS stock?

For those with DBS shares, what's your method of buying? Do you buy through DBS vickers so that it will be held in your CDP?

Discussion (2)

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Sharon

31 Jul 2020

Life Alchemist at School of Hard Knocks

Whether it's DBS or some other companies shares, I will buy via DBS Vickers Cash UpFront ($10 commision per trade + SGX Clearing Fee + GST etc.). Yes, the stock will be held in your CDP.

However if you plan to get share financing (i.e. margin trading), then DBS will not allow you to do that on their stock 😏

Here's their list of marginable securities:

https://www.dbs.com.sg/iwov-resources/pdf/loan/...

Billy

31 Jul 2020

Development & Acquisitions Manager at Real Estate Private Equity

Not really certain of the intent in asking this question but there are 2 main ways that you can buy DBS stocks - through a custodian account (i.e. Stanchart) or through a CDP-linked brokerage account (i.e. DBS vickers). I use the latter for my trades.

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