Needed help

swan03 · 1 Needed help Mon Apr 04, 2011 10:27 am

swan03

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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!!

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

Slstock

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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.

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

ndnk

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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

swan03 · 4 Re: Needed help Mon Apr 04, 2011 10:41 am

swan03

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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?

swan03 · 5 Re: Needed help Mon Apr 04, 2011 10:47 am

swan03

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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!

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

ndnk

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

swan03 · 7 Re: Needed help Mon Apr 04, 2011 10:57 am

swan03

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

Thanks Brother!!

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

Slstock

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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.

ne2011 · 9 Re: Needed help Tue Apr 05, 2011 9:35 pm

ne2011

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

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

smallville

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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...

ss7097 · 11 Re: Needed help Wed Apr 06, 2011 6:48 am

ss7097

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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.

swan03 · 12 Re: Needed help Wed Apr 06, 2011 9:23 am

swan03

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Thanks for the all advice you given guys. I found a new advisable broker Very Happy

. Hope he will help me.

swan03 · 13 Re: Needed help Wed Apr 06, 2011 9:26 am

swan03

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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.