(Post 58/week 47)Learning investing/trading together part 7:Deciding on a brokerage

Sometime back in April 2018, after selling off my entire POSB invest saver for G3B, you can read about it here. I decided to take a more active approach in my money by foraying into investing/trading. Now, the first thing to do is to decide on a brokerage as a brokerage will allow you to do online and mobile trade

Link:https://blog.seedly.sg/the-ultimate-cheatsheet-cheapest-stock-brokerage-in-singapore/

The research link above from seedly provide a very comprehensive guide on choosing the cheapest stock brokerage in Singapore.

The 1st question to decide on a brokerage in Singapore would be: CDP or custodian?

1. What is CDP? (Central depository pte limited)

As quoted from this SGX link,"CDP is a wholly owned subsidiary of the Singapore Exchange Ltd ("SGX"). We provide integrated clearing, settlement and depository facilities for our customers in the Singapore Securities Market, including both equities and fixed income instruments.

As an investor, you can view and manage the investments you have with...

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