Anonymous

09 Mar 2020

∙

General Investing

Should I create a CDP account if I already have a Stanchart custodian account? Is there any charges or minimum trades a month for the CDP to keep it? Also, when should I sell off an ETF?

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Rais M

09 Mar 2020

Accountant at SME

Yes. You should create a CDP account. There is no fees or minimum trade requirement at all.

As for sell off ETF, as I do not see any context on this question, the general advice would be to sell when the current share price is higher than your purchase price.

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MT2020

09 Mar 2020

There is no harm in creating a cdp account. However there are some slight difference in keep your shares with cdp vs custodian account. So pls do your own due dilligence.

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Yong Kah Hwee

11 Nov 2018

I think there is no harm in creating a CDP account. You lose nothing, except for a bit of time which...

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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?

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