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Anonymous

10 Jun 2020

∙

General Investing

What would happen to my account's net quantity if I sell my shares on DBS Vickers?

I have a quick question on my account's net quantity which shows negative 200 shares (i.e. 200 in parentheses) after a sale of 200 shares. I am guessing that this is the case because the shares are from my CDP account? Would anyone be kind enough to verify?

DBS Vickers Securities

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Ng Wei En

10 Jun 2020

Analyst at Mastercard

Hi there. When you execute a sell order successfully on DBS Vickers, the stock brokerage does not actually have the 200 shares on hand. However, it has locked in the quantity and selling price for your sell order. You now have an obligation to fork out 200 shares which DBS Vickers will do automatically for you via your linked CDP account. It will request for the 200 shares from your CDP account and if I recall correctly, it takes about T+2 or 3 working days.

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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 fast can I see the money back in my DBS Vickers account after selling my shares and the order has been filled?

Hi experts.. if I buy share using cash upfront from dbs vicker yesterday. Can I sell the share today using sell option even though the share not credited to cdp yet?

Hi all, recently OYY(Propnex) issued Bonus shares. I am using DBS Vickers. When i log into vickers, i do not see it the extra shares. But i see it in CDP. Why? And how to sell these shares then?

What would be awesome for savings with higher interest, DBS Mulitplier of eMySavings Account or SAYE? Am also thinking to start DBS Vickers Passive Funds Investment. What would be your advice?

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