Anonymous

07 Jun 2019

∙

General Investing

Will the DBS Vickers Cash Upfront Account only hold your stock for 3 days?

For DBS Cash Upfront brokerage users: is it true when making a trade with the DBS Vickers Cash Upfront account, it will only hold your stock for 3 days before transferring to the CDP account?

DBS Vickers Securities

5

Discussion (5)

What are your thoughts?

Learn how to style your text

Gabriel Tham

07 Jun 2019

Tag Team Member at Kenichi Tag Team

This applies to all brokerage. The rule is T+2 settlement.

When you buy shares, the shares will be settled on T+2 where T is the day your order was filled. Then the shares will be deposited to CDP.

Reply

Save

View 3 replies

Ericsson Ting

02 Jun 2019

Hi yes,dbs cash upfront is custodian account hence the cheaper fees compare to dbs cash account. it is unlikely to sell the stock in 3 day unlless you are trading,in which case may i suggest that you look into fsmone or standard charter brokerage?

Reply

Save

Write your thoughts

Related Posts

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

Do I need to pay a custodian fee while holding stocks from SGX, through the DBS Vickers cash upfront account?

Can I buy and sell a stock on the same day using DBS Vickers Cash Upfront Account?

I bought some stocks through DBS Vickers using cash upfront. Recently, I sold the same stocks through DBS Vickers too but my brokerage account balance shows negative. Did I do something wrong?

Hi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account?

Related Products

DBS Vickers Securities

2.8

88 Reviews

$25

MINIMUM FEE

0.18% to 0.28%

TRADING FEES

CDP

STOCK HOLDING TYPE

Related Posts

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

Do I need to pay a custodian fee while holding stocks from SGX, through the DBS Vickers cash upfront account?

Can I buy and sell a stock on the same day using DBS Vickers Cash Upfront Account?

I bought some stocks through DBS Vickers using cash upfront. Recently, I sold the same stocks through DBS Vickers too but my brokerage account balance shows negative. Did I do something wrong?

Hi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account?