Anonymous

18 Apr 2019

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What do people mean when they say “CDP account”?

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Jason Sing

30 Nov 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

A CDP account acts like your personal safe, for your stocks. Whenever you buy a share in a listed company through the open market, it gets deposited into your CDP account.
https://www.drwealth.com/sgx-cdp/#tab-con-1

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Jim Ng

11 Nov 2018

Marketing Strategist at https://www.bestseo.sg

The Central Depository Account, or commonly known as CDP, is an account to safe keep all the shares you bought through the open market. Operated by the Singapore Stock Exchange (SGX), a CDP acts like a safe for all your stocks.

Stocks and bonds that one buys on the SGX are deposited into his personal CDP account.

Feel free to read more about the CDP account on an article written by Seedly here:

https://blog.seedly.sg/step-step-guide-opening-...

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Related Posts

How do I redeem my SSB? When I tried to redeem on UOB app, they say its invalid CDP account, but there wasn't an option to input my CDP account number. Does anyone know?

Are there advantages in having a fixed deposit account and a savings account? Why do some people put money into a FD account, instead of say, putting everything into a savings account (e.g. DBS Multiplier)?

If I transfer bonds (let's say a retail corp. bond) out to CDP, does that mean I can save on this 0.2% P.A and have the bonds under my name in CDP?

What do people mean when they say 'benchmark' and what does it mean to 'beat the market'? ?

In my CDP account, what does settlement date means? Does it means the day the stock I traded is officially under my name?