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Brokerage Fees
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singaporegal
Supreme |
19-Jun-2006 11:36
Yells: "Female TA nut" |
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wow! very helpful! Thanks Novocaine! |
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Novocaine
Veteran |
19-Jun-2006 11:29
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POEMS Settlement Traded in SGD
Plus Clearing Fees of 0.05% (max. of $200) & SGX Access Fee of 0.0075% on the contract value and GST on brokerage, Clearing Fees & SGX Access Fee. |
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lewsh88
Senior |
19-Jun-2006 11:18
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Hi everyone. Please post your broker, brokerage fees and lets compare. Here's mine: UOBKayHian internet trading: Brokerage fees: 0.275% Clearing fees: 0.05% SGX trading fee: 0.0075% GST 5% on total of all above fees. |
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Novocaine
Veteran |
19-Jun-2006 11:04
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heh..how u noe wat i tinking? :) | ||||||||||||||||||||
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singaporegal
Supreme |
19-Jun-2006 10:53
Yells: "Female TA nut" |
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Not wat you think! | ||||||||||||||||||||
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Novocaine
Veteran |
19-Jun-2006 10:38
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haha..singaporegal..wat "fun" u talking abt? | ||||||||||||||||||||
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Novocaine
Veteran |
19-Jun-2006 10:37
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U must use dbs cahsline to make ur payments..also get FILA bag if u use dbs vickers..But i guess its not a bad deal after all if u deposit the cash into ur cashline acct so u wont run interest. | ||||||||||||||||||||
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lewsh88
Senior |
19-Jun-2006 10:36
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Sorry, typo error: Should read "Fund Manager". Trouble when talking on the phone and typing simultaneously. |
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singaporegal
Supreme |
19-Jun-2006 10:35
Yells: "Female TA nut" |
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hahhaa.... I would certainly like to be a "Fun" Manager! | ||||||||||||||||||||
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lewsh88
Senior |
19-Jun-2006 10:34
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Sorry typo error:. Should read 'Fund Manger' | ||||||||||||||||||||
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lewsh88
Senior |
19-Jun-2006 10:18
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I believe galaxy65's examples are what is commonly known as "playing" the stock. Fun managers having "fun" making money as shown. "Churning" as known in stock market is normally done or "played" by brokers to cause high turnover in stocks with very narrow price changes. I cannot quote examples, but ST sometimes reported such practices. |
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singaporegal
Supreme |
19-Jun-2006 10:05
Yells: "Female TA nut" |
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really? dbs got waiver of brokerage??? wow... lemme check it out. it'll be a great bonus if that's true. |
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mamasan
Member |
19-Jun-2006 09:54
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www.iocbc.com | ||||||||||||||||||||
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ralphguy
Member |
19-Jun-2006 09:46
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so far, e-trading is the cheapest... got pros & cons... got a promotion: wavier of brokerage. http://www.dbs.com/sg/personal/loans/cashline/promotion/utradewepay/ I personally havent try... dont really know how it wavied. does anyone know? |
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Novocaine
Veteran |
19-Jun-2006 08:58
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buying stocks over the internet has the cheapest available brokerage fees..esp if u already have a stock in mind to buy.. | ||||||||||||||||||||
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Galaxy65
Member |
19-Jun-2006 08:04
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Take a look @ Biosensors' chart esp. on 25 May 06. It is highly possible that there is some "unusual" trading activities going on ..... eg the difference in Hi/Lo was $0.335.... if you look back into its history this is the first time the gap is so huge.... it opened @ $1.05 & closed @ $0.8149 on the day.... the very next day it opened higher @ $0.90..... To me all these prices indicated that there is something odd about the "behaviour".... of course, different pple have different interpretations.... I think another example is UIC ... take a look on 22 May 06 & the subsequent prices thereafter.... there are pple who "pushed" the price very low on that day.... a few days later it went up to as high as $1.48. To be more exact - 5 days later. The difference in prices = $1.48 - $1.30 = $0.18. Can make some good profit & $$$$$...... |
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tanglinboy
Elite |
19-Jun-2006 07:07
Yells: "hello!" |
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how do they "churn" the market? | ||||||||||||||||||||
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lewsh88
Senior |
18-Jun-2006 16:33
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Brokers are not the only people who make money from share transactions. This include SGX. That's why different brokers recommend different stocks to buy and sell. Sometimes if the market is too quiet, they "churn" the market to create an artificial high turnover. |
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shplayer
Elite |
18-Jun-2006 16:31
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Hi All, My personnal experience is to use e broking. Charges for Buy or Sell are typically 0.275% with $25 min charge...(you can negotiate better rates if your deals are big...typically .$50K - $100K per trade) compare this with calling brokers...charge is typically 0.5% or $40 min. Both these charges are subject to GST, stamp duties etc. Provided you do min of $9091 per trade ($25/0.00275), your Buy and Sell cost can typically be kept to about 0.65% of your trade...this is less than 1%...which means if the stock price goes up 1%, you are 'above water'. Buy @ $1.00 sell @ $1.01...and you make money. Hope it helps........ |
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singaporegal
Supreme |
18-Jun-2006 14:18
Yells: "Female TA nut" |
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Broker make money by the volume of transactions they handle... so they have a very different perception of how to make money in stock market. | ||||||||||||||||||||
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