(14-10-2013, 04:01 AM)Aldar Wrote: You left out RHB which acquired DMG-OSK, the brokerage house most negatively impacted by Blumont/Asiasons/Lion Gold's plunge.
Gee... Then I missed out the one of the highest probability?
(13-10-2013, 10:51 PM)Bibi Wrote:(13-10-2013, 10:32 PM)pianist Wrote: in yr case is not considered a shortsell because u already have 50lots in yr cdp to support the sell..so it is quite clear..But the additional 50lots that I have bought and sold on same day is considered as contra and hence short by sgx definition since I do not have those additional 50 lots in my cdp acct yet. correct?
unless u r selling 51lots, the first 50lots should be ok. but I cant say for sure for that 51th one lot
Under normal trading condition, if you buy then sell within 3days, it will be deemed as contra, whether you are holding to existing shares or not.
Under the special Designated condition, then NO contra is allow. So the shares MUST exist in the CDP account before any sell can take place, to avoid being labelled as "short-selling".