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Foriegn Exchange
       
 
  How to buy and sell shares :
1. You have to open a CDS account and a trading account at stock brokeing company.
2. The main contact person at the stockbroking company will be your remisier.
3. A remisier is an authorised person licensed to conduct share dealings and will execute the buy and sell order for you.
4. To buy shares - you must have sufficient fund to cover the cost of the shares as well as the transaction costs.
5. To sell shares - you must already havethe sharesin your CDS account .
6. Order are matched electronically through the Bursa Malaysia's trading system -there is manual intervention in the process.
7. After your order has been matched, your remisier will confirm the order.
8. The day on which shares are bought/sold is knwon as T - day.
 
     
     
     
     
     
     
 
 
   
9. A contract note will be sent to you by your stockbroking comapny. Confirm that all details such as company name, costof the shares and transaction costs are correct.
10. On T + 3
  Buyer : Your CDS account will be credited witht the shares bought. You have to             settle all payments due by 12.30pm on T +3.
  Seller : Your CDS account will be debited. You will receive payment by 12.30pm             on T + 3.
   
   
   
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