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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Need your advice.

Need your advice.

Go down  Message [Page 1 of 1]

1Need your advice. Empty Need your advice. Tue Sep 20, 2011 10:24 am

Desh7


Stock Trader
Please let me know that can I open CSD accounts with different brokers from my name.
Thanx in advance.

2Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 10:27 am

mnilanga

mnilanga
Stock Trader
no

3Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 10:31 am

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
i can not understand CSD, you can open one account each broker company

4Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 10:31 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@Desh7 wrote:Please let me know that can I open CSD accounts with different brokers from my name.
Thanx in advance.

Yes, you can open multiple ( seperate ) CDS accounts with different brokers. One account with one broker

5Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 10:35 am

Desh7


Stock Trader
@ ABEST - Sry it should be corrected as CDS.

6Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 10:53 am

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Desh7 wrote:@ ABEST - Sry it should be corrected as CDS.
yeap,you can

7Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 1:16 pm

Niggard

Niggard
Manager - Equity Analytics
Manager - Equity Analytics
@Desh7 wrote:Please let me know that can I open CSD accounts with different brokers from my name.
Thanx in advance.

CDS accounts?

Of course you can. Regardless how many accounts you have with different brokers, you got the same account in CDS & the number (most probably your NIC no.) as well, is the same. Only difference is broker code before it to differentiate trades done with diff. brokers.

The other thing, your CDS account details in all the past accounts will be updated to the most recently opened account's details. (Name & NIC must be same as your ID, u cant change, but address, etc you can with documents to prove.)

Rgts!

8Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 2:53 pm

NewInvestor

NewInvestor
Manager - Equity Analytics
Manager - Equity Analytics
@Desh7 wrote:Please let me know that can I open CSD accounts with different brokers from my name.
Thanx in advance.

Did you buy CSD and your broker force sell them? Smile

9Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 3:11 pm

Desh7


Stock Trader
@ NewInvestor- Still it did not happen to me, I was mistakenly wrote it as CSD. It should have to correct as CDS A/C.

10Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 4:03 pm

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics
U can open any no of a/cs, with only one from each broker

11Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 6:38 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
You have permissions to open 28 CDS accounts with the same broker or with different brokers. I have 2 CDS accounts in two broker firms.

CDS/CSD word spllitting problem also happened to me, when I was trading csd shares. (Sometimes I spelled CDS as CSD in some official telephone calls as well).What a Face

12Need your advice. Empty Re: Need your advice. Tue Sep 20, 2011 6:42 pm

dewminigamlath


Manager - Equity Analytics
Manager - Equity Analytics
@Roboticfx wrote:You have permissions to open 28 CDS accounts with the same broker or with different brokers. I have 2 CDS accounts in two broker firms.

CDS/CSD word spllitting problem also happened to me, when I was trading csd shares. (Sometimes I spelled CDS as CSD in some official telephone calls as well).What a Face
You can't open multiple accounts with the same broker. But of course, with different brokers, you can. So, you can actually open 28 accounts, but only one with one particular broker.

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