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Needed help

+2
Slstock
swan03
6 posters

Go down  Message [Page 1 of 1]

1Needed help Empty Needed help Mon Apr 04, 2011 10:27 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

2Needed help Empty Re: Needed help Mon Apr 04, 2011 10:35 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Just go to your new broker and tell him where your old portfolio is ( old broker). You will need to give you CDS accoutn info.

I beleive the new broker can help you to do this easy enough.

3Needed help Empty Re: Needed help Mon Apr 04, 2011 10:40 am

ndnk

ndnk
Manager - Equity Analytics
Manager - Equity Analytics

Download CDS form 6 from CDS.lk.. Fill them and hand them over to the Existing broker,, They will do the rest... I did it recently

4Needed help Empty Re: Needed help Mon Apr 04, 2011 10:41 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

slstock wrote:
swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Just go to your new broker and tell him where your old portfolio is ( old broker). You will need to give you CDS accoutn info.

I beleive the new broker can help you to do this easy enough.

Thanks, Do I have to inform this to my broker as well? I meant do I have to tell them that Im going to transfer my account to a new one?

5Needed help Empty Re: Needed help Mon Apr 04, 2011 10:47 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

ndnk wrote:Download CDS form 6 from CDS.lk.. Fill them and hand them over to the Existing broker,, They will do the rest... I did it recently

Can you please send me the link? Thanks!

6Needed help Empty Re: Needed help Mon Apr 04, 2011 10:53 am

ndnk

ndnk
Manager - Equity Analytics
Manager - Equity Analytics

http://www.cds.lk/pdf/forms/cds_document_new_6.doc

7Needed help Empty Re: Needed help Mon Apr 04, 2011 10:57 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

ndnk wrote:http://www.cds.lk/pdf/forms/cds_document_new_6.doc

Thanks Brother!!

8Needed help Empty Re: Needed help Mon Apr 04, 2011 11:30 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

swan03 wrote:
slstock wrote:
swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Just go to your new broker and tell him where your old portfolio is ( old broker). You will need to give you CDS accoutn info.

I beleive the new broker can help you to do this easy enough.

Thanks, Do I have to inform this to my broker as well? I meant do I have to tell them that Im going to transfer my account to a new one?

Swan, I did this one time too. I cannot recall even whether the old broker needs to get involved. To make sure you can just call your new broker and ask whether he can take care of this or the old broker have to get involved. if the new one can take care it is even easier for oyu.

9Needed help Empty Re: Needed help Tue Apr 05, 2011 9:35 pm

ne2011

ne2011
Equity Analytic
Equity Analytic

Hey Swan, Keep me posted too.. I intend to change soon as well!! Wink

10Needed help Empty Re: Needed help Wed Apr 06, 2011 1:52 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

slstock wrote:
swan03 wrote:
slstock wrote:
swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Just go to your new broker and tell him where your old portfolio is ( old broker). You will need to give you CDS accoutn info.

I beleive the new broker can help you to do this easy enough.

Thanks, Do I have to inform this to my broker as well? I meant do I have to tell them that Im going to transfer my account to a new one?

Swan, I did this one time too. I cannot recall even whether the old broker needs to get involved. To make sure you can just call your new broker and ask whether he can take care of this or the old broker have to get involved. if the new one can take care it is even easier for oyu.

U dont have to tell ur current broker..
One u created the account with new broker, there's a seperate form available with broker (can download the same from CDS) where you can request securities to be transferred to the new account.. This process may take abt 10 working days during which time u cannot trade with those securities u've requested to be trasnferred..

If you buy more from one counter, only the earlier requested amt will get transferred..

Tell ur new broker so they'll arrange the trasnfer for you...

11Needed help Empty Re: Needed help Wed Apr 06, 2011 6:48 am

ss7097

ss7097
Manager - Equity Analytics
Manager - Equity Analytics

swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Hi swan03,

Are u changing the broker due to personal reason or for Margin trading?
If for margin trading, please let me know who is your new broker. I also planning to transfer my broker too.

12Needed help Empty Re: Needed help Wed Apr 06, 2011 9:23 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

Thanks for the all advice you given guys. I found a new advisable broker Very Happy. Hope he will help me.

13Needed help Empty Re: Needed help Wed Apr 06, 2011 9:26 am

swan03


Vice President - Equity Analytics
Vice President - Equity Analytics

ss7097 wrote:
swan03 wrote:I need to change my broker. Can you please tell me how to do that and I need to transfer my account to the new broker.

Thanks!!

Hi swan03,

Are u changing the broker due to personal reason or for Margin trading?
If for margin trading, please let me know who is your new broker. I also planning to transfer my broker too.


Not for a personal matter. Check out your inbox pls.

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