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Hi, I have my trading account with Poems.
Recently, I had sucessfully converted my total 1000 rights to shares. As these are purchase through ATM machine, in what method can I used to trade these share as it doesn’t appear in my poems account? Please advise. Thks
Hi Lex,
If yours is a normal cash trading account, it doesn’t matter whether it appears inside your poems portfolio or not. The poems portfolio reflects only the trades that were done via poems.
More important is that it appears in your CDP account. As long as it is there, you can transact using POEMS or any other brokerage accounts.
ReplySo tats explain the same for uob kayhian, as i own 2 lots and 1 right. reflected in the ‘portfolio realised p/L’ kayhian sys is 2lots sold and 1 lot unmatched quantity. 1 thing for sure, i have chk my cdp acc having 3lots (1+2) before i done the above steps.
Bought 2 at $3.10
Bought 1 right $1.30
Avg cost for all is $2.50
Sold at $2.59
Profit $0.09
As its my first time dealing wif rights, i hope wat i say above and done is correct?
ReplyHi the3master,
yes, as mentioned earlier, the “portfolio” provided by brokerage firms only show what is transacted through them.
It is not reflective of what you actually hold in your CDP.
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