facebookWhen will the stocks sold on DBS Vickers linked to my CDP account be settled? - Seedly

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Kelvin

09 Mar 2021

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General Investing

When will the stocks sold on DBS Vickers linked to my CDP account be settled?

I have the underlying stock and wanted to sell. Order is filled already but it still shows as a negative balance on my Vickers account. Shares still present in my CDP account and not transferred to Vickers? Will shares from my CDP account be automatically transferred and that balance becomes net zero soon?

Discussion (1)

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Hi, since you have the underlying stock in your CDP account. The stock will be credited from your account in T+2 working days.

So for example if you sold it today, it will be deducted from CDP 2 working days from today, which is Thursday.

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