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Anonymous

10 Jul 2020

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General Investing

I bought stocks on Vickers via Cash Upfront. I understand it takes 2 working days for them to show in CDP; Can I sell the same no. of stocks before that? Any risk? Do I uncheck the Contra box when selling?

Dear everyone

I bought some stocks today on Vickers via Cash Upfront. I understand it takes about 2 working days for the stocks to show up in CDP.

My questions are:

Can I sell the same amount of stocks before that? Or must I wait until everything is settled? Any repurcussion or risk?
Also, do I have to uncheck the Contra checkbox when selling on Vickers?

Thank you very much in advance for the help.

DBS Vickers Securities

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Wrong Sean

10 Jul 2020

Based on the FAQ for the Cash upfront account, contra trading is not allowed. So I don’t think you sell the stocks before they are in your CDP. Best to call them and confirm.

https://www.dbs.com.sg/vickers/en/resources/faq...

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