Advertisement

Anonymous

23 Jul 2020

∙

General Investing

Newbie here, keen to buy SG stocks via DBS Vickers and sell via FSMOne. Will there be a delay in transfer?

I am aware to sell on FSMOne, need to link CDP Account with FSMOne so I assume there will be a delay in processing and transferring of stocks over. To avoid this possible delay, does it mean i have to transfer my shares to FSMOne way ahead even though I dont have intention to sell right now?
Thanks!

DBS Vickers Securities FSMOne Fundsupermart

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Tan Wei Ming

23 Jul 2020

Founder and Writer at Frugal Youth Invests

Shares bought on DBS Vickers will be credited to CDP T+2. You do not need to transfer to FSMOne as all you have to do is to link your FSM account with CDP. Afterwards, choose sell from CDP on FSM.

Reply

Save

Write your thoughts

Related Posts

How soon can I sell my stocks on FSMOne (CDP) assuming that I just purchased via DBS VIckers (CDP) today? Can I sell it immediately after I purchased even though the shares are still in transit?

When you buy SG stocks from Vickers and want to sell via Saxo, is it possible?

Im usually sell using DBS Vickers acc. Can i check FSMOne is it a legit company? And if today i buy share using DBS Vickers and the shares are not credited to CDP yet. Can i sell using FSMOne today?

How does it work if i buy from 2 different brokerage accounts? Currently i am on iOCBC but i am looking to switch to DBS Vickers. Will all my stocks i bought via iOCBC be reflected in DBS VIckers?

Fsmone - what’s the commission and fees for buying and selling SG listed stocks? Custody with which bank or CDP or custody with Fsmone? Must we pre funded acct prior to buying?

Related Products

DBS Vickers Securities

2.8

89 Reviews

$25

MINIMUM FEE

0.18% to 0.28%

TRADING FEES

CDP

STOCK HOLDING TYPE

FSMOne Fundsupermart

4.3

257 Reviews

Moomoo Singapore

4.7

486 Reviews

Related Posts

How soon can I sell my stocks on FSMOne (CDP) assuming that I just purchased via DBS VIckers (CDP) today? Can I sell it immediately after I purchased even though the shares are still in transit?

When you buy SG stocks from Vickers and want to sell via Saxo, is it possible?

Im usually sell using DBS Vickers acc. Can i check FSMOne is it a legit company? And if today i buy share using DBS Vickers and the shares are not credited to CDP yet. Can i sell using FSMOne today?

How does it work if i buy from 2 different brokerage accounts? Currently i am on iOCBC but i am looking to switch to DBS Vickers. Will all my stocks i bought via iOCBC be reflected in DBS VIckers?

Fsmone - what’s the commission and fees for buying and selling SG listed stocks? Custody with which bank or CDP or custody with Fsmone? Must we pre funded acct prior to buying?

Advertisement