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(Post 64/week 50)Learning investing/trading together part 9:How to purchase a stock part 2?(DBS vickers)
By Sonicericsg  •  December 8, 2018
For more information on the various term, please refer to this link Continue from part 8: How to purchase a stock? (you can read all about it here) 16)Change the account-cash upfront 17)Change the buy action to buy or sell Some key term to note... Settlement mode Cash or Cash upfront Choose cash upfront if you are using cash upfront account Settlement currency The money that you would like to purchase the stock with, for purchasing of US stock(USD) and for purchasing of Singapore stock(SGD) Stock name Name of the stock itself,in my case it is the STI ETF Stock Code Stock code as the name implies, SPDR STI ETF(ES3) Order type The below chart does a good job of explaining the various order type Market order-Buy or sell at the current Ask price(Order get filled immediately) Limit order-Buy or sell at a specific price(Order...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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