facebookIf you need a CDP account to trade and hold SGx’s stocks in SG Market. then what do you call an accounted created with POEMS2.0, do I still hold the stocks at the end of the day after buying it? - Seedly
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JingYing Tan

Posted on 27 Apr 2019

If you need a CDP account to trade and hold SGx’s stocks in SG Market. then what do you call an accounted created with POEMS2.0, do I still hold the stocks at the end of the day after buying it?

0 comments

6 answers

Discussion (6)

Poems has several type of account

If they did not ask u to open cdp or link cdp then it should be a custodian account.

Please kindly check with them.

3

1 more comments

Ang Yee Gary

Ang Yee Gary

27 Apr 2019

Https://www.poems.com.sg/account-types/cash-prepaid-account/introduction/ Yes it is a custodian account and you must both buy and sell thru them. Can you kindly up vote my reply

JingYing Tan

JingYing Tan

27 Apr 2019

Thank you! :-) np, that’s the least i can do

Post

Frankie Rappaport

Frankie Rappaport

Level 16. Sage

Posted on 08 Mar 2020

Cheapest one is 'CC prepaid' (and on longterm view the fees are continously shrinking),

very good thing

0

Post

MT2020

MT2020

Level 11. Master

Posted on 06 Mar 2020

You have to check carefully, some of the companies will store your shares in custodian account while...

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