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I did say before POEM's service is great!!!...
u can trade odd lots by using poems under unit share market
I suppose you will have to 'buy' from yourself with your CPF funds, since CDP is merely a depository in function. But then there will be still be transaction costs.
In any case, maybe you can ask your broker if he can help you dispose of the odd lots. 
I think it may be possible to inject your shares from CDP into CPFIS but not the other way round.....as you know, funds in CPF is like a big black hole......once in, cannot come out. You need to check with your CPFIS bank/CPF on this.
Investor49403 ( Date: 21-Jun-2008 22:25) Posted:
Anyone know whether you can combine odd lots in CPF investment account with CDP. |
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Anyone know whether you can combine odd lots in CPF investment account with CDP.
Odd lots and tradable odd lots are different. Singtel has tradable small 'odd lot' sizes for the convenience of many.
Any other counter can have odd lots resulting from consolidations, etc. eg. Hiap Hoe. Since these are non-standard lots, they are more difficult to be traded, since the cost of doing so may make it not worthwhile..
Creative also has odd lots
Only counter that offer odd trading like Singtel 10, 100 or SIA200 can be done on internet.
It is also hard money for broker to make as he/she need to look for a match.
Usually, stock will open a temp odd lot counter due to consolidation or buy back....
Can anyone shed ligh on ODD LOTS trading? Is it allowed through internet trading? Normal trades through remisers/brokers would eat into the amount realised.
