Anonymous

27 Jun 2019

∙

General Investing

When investing/trading US or overseas stocks, does it matter if the brokerage used is a custodian as it means the shares will not be under my name?

Looking to invest in overseas stocks but that means I will have to register with an overseas broker. Am I able to open a custodian account?

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Gabriel Tham

26 Jun 2019

Tag Team Member at Kenichi Tag Team

It will all be custodian accounts for overseas stocks. When you sign up the brokerage, your custodian account will be opened in your name.

CDP is our local custodian for local SG stocks. Brokerage act as custodian similar to CDP for overseas stocks.

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