Others   

Online Brokerage

When I chooses my trading account, a lot will have to depends on the reminser. As they can "decides" my "contra" date and for brokerage wise, last time my reminsers gave me a "discount". But now, they told me new rulings that why they "cannot offer discounts". And also, every now and then my reminsers will give me "freebies" like the Shares book and so on. One thing good about UOB is that their "reminsers" very power as they had huge & quality clientele base, so fews calls from those reminsers to their clietns can really shake the market. I believe just the name "Ah-Ben" can really sends chill to my spine.

 

UOBKH is more restrictive.

No online trade on warrants and quick to impose restriction on sepeculative counters.

May be can consider iOCBC.

 

I got a/c with UOB Kay Hian. The brokerage is slightly lower than Poems.

 

So this account is sort of like a backup. any recommendations besides POEMS? thanks

 

Hi rouge_trader

Thanks for your answer. I actually have an account with POEMS but I intend to open another one just in case POEMS is down like few weeks back.

 

Sorry, it should be "see them in the counter-party trade list" and not "sell them...".

 

Correction- the procedures is "true" if you want to know who is the counter-party. But if one want to know whether ML/BNP is in actions, then they must be in actions before one can sell them in the counter-party trade list.

 

Hi m2d4pc, the scenario I quoted below are provided that ML/BNP is in actions.

You must be in LP2 and successfully executed a trade. Then there will be this code ("highlighted" numbers) besides your trade. If you clicked on that "highlighted" number, then there will be this "pop-up" list. Tally your number with that list then you will be able to know who is the counter-party.

 

Hi rogue_trader, I am a poems user, please tell me how to view the buying and selling actions of ML and BNP? 

 

One more thing to share- This is not 100% accurate but last time, sometimes when I see any queues number with 101 or 808, I realised that the counter-party is UOB or BNP respectively.

 

Example, for my past experiences, when one see ML or BNP buying up, I can be sure that this counter is going up in around 2 - 3 days. But if one see those above-mentioned selling, shorting on that day can 80% earn u kopi $$ provided u are not e "last" one to short.

 

hi rogue trader,

why is it useful to know which brokerage firm the sold/bought the share to/from u?

 

Hi zenki81, I never used DBS before so I am not in the position to comment. Had been using UOB previously, then switched to POEMS. For me, POEMS is user-friendly and they also contains the TA and reports like buy/sell, morning note, AFX news and so on. One thing plus about POEMS (I not sure whether other brokerage houses got offer that service or not) is the counter-party trade, meaning if I executed a buy/sell position, I am able to see who the "opposite" party who sold/buy from me. This is quite a plus point if you "belongs" to the "day-trader"/contra player category.

 

Poems has CFDs too but I haven't tried it.

 

Hi rogue_trader,

Ya, maybe a mixture of TA and FA tools which are up to date. I read from somewhere in the forum that DBS recently launched a platform called Clarity. Is it good?

 

whizzer,

i think u are referring to CFDs or contracts for difference.

u can do a search on CFDs for more info

 

Hi all,

can anyone advice on an online/non-online trading account that allows us to buy short without the involvement of fines and force buying?

I heard before there is one brokerage that allows us to sell first and hold for 30days during which we can buy back anytime at a lower price. But i've not a clear picture about it therefore appreciate some advice from the experts here (would like to prepare for the end of the bull run). (*_^)

 

I've been using Poems and have no problems with them. They have similar charts as Sharejunction and analyst reports.

 

Hi zenki81, your comprehensive & reliable research tools meant? TA charts, morning notes, analysts reports or ?

 

Hi,

I'm a newbie to investing.

May I know which brokerage house offer a comprehensive  and reliable research tools?