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Buying same counter twice in a day
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sohguanh
Veteran |
25-May-2007 17:06
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I wonder does almagamation work the same way for shortist also? Maybe shortist guru nickyng wanna comment? That is buy/sell of SAME counter multiple times in same day will incur one or mulitple brokerage charges? | ||
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rogue_trader
Master |
25-May-2007 16:58
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ok, confirmed. just check amalgamation is = same action, same counter, same day, same mode of payment... dunno need to have same mode of buying or not (telebroker for 1st trade then internet for 2nd trade)... | ||
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sohguanh
Veteran |
25-May-2007 16:36
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I trade via uobkh and limtan and multiple trades of the same counter is amalgamated as one contract at the end of the day. For once broker can use cheem english word like amalgamated. English not so good use combined or joined into one lar hahahhaa.... You all got notice some brokers/remisiers ang mo CMI but then very quick in maths and use mouse click hahahaha.... can earn monies skillset leh... no need degree also :P |
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rogue_trader
Master |
25-May-2007 16:31
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it either i kena charged wrongly or i remembered wrongly.... anyway, learnt 1 more thing liao.. thanks | ||
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oldtimer
Member |
25-May-2007 16:28
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i trade through ocbc. i am charge only once even if i buy/sell multiple times the same counter withing the same day. it'll be auto amalgamate.... | ||
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avrilsim
Member |
25-May-2007 16:26
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Hi guys, Just called my remiser to confirm. He mentioned Amalgamation and for a while I was stunned by the jargon. Yupz. charges once nia. |
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rogue_trader
Master |
25-May-2007 16:22
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wat!! niama, my remisiers charged me (if that scenario will to be apply) twice leh.. can go CASE?? hahahaha. | ||
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will040
Member |
25-May-2007 16:21
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terencefok
Master |
25-May-2007 16:13
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Hi rouge_trader, I don't think so. I trade through Phillip Securities and they only charged me once. | ||
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rogue_trader
Master |
25-May-2007 16:07
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as long as a trade is done/executed, relevant agent's charges, sgx fees n charges apply, regardless of date, timing, size of trade, counters.. 2 executed buys in a single day on same counter = 2 X normal fees n charges.. | ||
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avrilsim
Member |
25-May-2007 16:05
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That was doubt clearing! Thanks Terence! |
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terencefok
Master |
25-May-2007 16:03
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It should be the same and it applies to selling the same stock twice a day. However, you will be charged twice if you make a trade with cash and another with cpf. | ||
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avrilsim
Member |
25-May-2007 15:49
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Sorry for confusing. Wat I meant was to have bought twice a day. Like your example of buying once at 10am then another at 3pm. (Does it apply to the selling as well?) |
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terencefok
Master |
25-May-2007 15:45
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Do you mean you buy the stock say at 10am, and then buy more at 3pm? Or do you mean you buy and sell the same stock on the same day? | ||
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avrilsim
Member |
25-May-2007 15:42
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Hi there, anyone using UOB KayHian can kindly advise how KH charges one if one buys or sells the same counter twice within a day. Do you get charge for agent fees once or twice? |
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