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  1. Any experience options traders around? I am very green in this trade and am looking to sign up for Tiger brokers. Like to ask around see if anyone is also using them as a trading platform. Thanks in advance!
  2. Which company you prefer to use? 1. DBSfx 2. Kim Eng 3. Oanda 4. IG Markets Which offer the LOWEST spread?
  3. Dear Folks, Out of curosity, I attended a brief seminar by T3B recently. Has anyone used this system before? How effective is it as a stocks trading tool? Do share your experiences. Thanks.
  4. Five Speed Motor CLASS Lawsuit Hi all , many of you have heard about this company . no need any introduction. I am inviting all the parties affected by this Motor shop to come forward and file a CLASS lawsuit against this company. In Singapore , there is no clear law that govern "Hire purchase agreement" . CASE and Small claim do not cover this as its a " hire purchase " i am confuse as your're too. We have panel of lawyers and few affected parties that have came forward. Pls message me , if we have lawyers here willing to look into this welcomed too. We should not let this kind of dishonest trader active in market. if you have know anyone who had issue with them before pls direct to me too. thank you. Can the admin or moderators help me to edit the title to remove the word "Trading" . thank you.
  5. I used to use FSM but realised they were a bit pricey so I switched to Dollardex which I really liked until they changed a lot of their graphs and log ins. Why they needed to update a perfectly good system just amazes me. So now I'm wondering about POEMS. Anyone use them and can give me the pros and cons.
  6. anyone went there to change tyres and rims? hows their service? intending to go there as its until 3am!
  7. HI Anyone or knows of anyone into the above esp diesel? Just want to ask is it really difficult to find seller of diesel? Knowing here a lot of hidden dragon. Tks
  8. Hi, read Sunday times today. This guy called Ronald K supposedly "mastered" the way how to make big bucks from trading. Anyone knows him or went for his course?
  9. Source: http://www.channelnewsasia.com/stories/sin.../359637/1/.html By Conrad Raj, TODAY | Posted: 11 July 2008 1114 hrs SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed one of its heaviest civil penalties ever on the former financial controller of Cosco Corporation Singapore, Teo Chuan Teck, by fining him $320,000 for insider trading
  10. Visited Tomo-Ya food trading to buy some food stuff recently. They are a wholesale supplier, but they allow walk-ins. There is no price-list or catalogue, so you have to go online to check out what you want to buy and tell them when you get there. Their staff will go into a cold room to get the frozen stuff for you. Quite an interesting experience. Here are two videos. Driving - how to get there from the PIE exit (Bukit Batok East Ave 3) Here is what we bought.
  11. http://www.tremeritus.com/2014/02/23/gic-continues-to-use-officers-involved-in-insider-trading/ GIC continues to use officers involved in insider trading February 23rd, 2014 | Author: Editorial A reader has written in to let TRE know of a case where GIC officers caught for insider trading were allowed to continue to work in GIC. The insider trading case involved 3 GIC staff in 2003: Lim Kee Chong, Teng Cheong Thye and Choo Yong Cheen. The case surfaced in 2004 and was reported by international media when the Financial Services Agency (FSA) and the Securities and Exchange Surveillance Commission (SESC) of Japan reported the matter to the central bank of Japan. The Associated Press reported the incident on 21 Oct 2004 [Link]: Singapore’s central bank said Thursday it has fined three employees of the government’s secretive investment fund for insider trading involving shares of a Japanese financial company. Lim Kee Chong, Teng Cheong Thye and Choo Yong Cheen were fined a total of 710,000 Singapore dollars (US$422,700; euro 346,000) for the offense, the Monetary Authority of Singapore said in a statement. The employees of the Government of Singapore Investment Corp., or GIC, sold the shares of Sumitomo Mitsui Financial Group Inc. last year after obtaining confidential information that the company planned to issue new shares, the statement said. When news of the issue was made public, investors sold the stock due to fears that the additional supply would reduce the value of Sumitomo Mitsui’s existing shares. By selling the shares before the announcement, the employees avoided a loss of S$710,000 for the GIC – the same amount they were fined. Singapore’s Securities and Futures Act imposes fines of up to three times the profit – or loss avoided – from insider trading. The GIC wasn’t penalized and the employees will not face criminal charges, the statement said. TRE was not able to find the said statement on MAS website anymore. However, we were able to find an old statement on FSA website. FSA is the Japanese government organization responsible for overseeing banking, securities and exchange, and insurance in order to ensure the stability of the financial system of Japan. The agency operates with a commissioner and reports to the Minister of Finance. It also oversees the Securities and Exchange Surveillance Commission (SESC) and, the Certified Public Accountants and Auditing Oversight Board. According to the 2004 statement from FSA website [Link], the 3 GIC staff did “insider trading involving Japanese securities market”. It said that the kind of insider trading committed is called “cross border transaction” which is a securities transaction in a Japanese securities market by a foreign resident. FSA further said, “The enforcement action by MAS has come as a result of our request of investigation into and providing information of a suspicious case of insider trading, which was detected by the Securities and Exchange Surveillance Commission of Japan (SESC), based on the bilateral Memorandum of Understanding (MOU) with MAS on the sharing of information on securities matters.” Excerpt of the statement has been screen captured by TRE and appears below: The TRE reader wrote: The leader, Mr Lim Kee Chong, settled the civil suit against him. Two others, Teng Cheong Thye and Choo Yong Cheen, were also found guilty in the civil suit then. They accepted the civil suit and were fined various amounts and were also suspended from work. They remained in GIC. Teng left GIC in late 2012. Both Lim and Choo are Managing Directors of GIC now. In fact, Lim is the Group Deputy Chief Investment Officer. A check by TRE on GIC website [Link] confirmed this. Indeed, Lim Kee Chong is now the Deputy Group Chief Investment Officer: Choo Yong Cheen is part of the GIC Investment Groups (Special Investments). He is currently in-charge of direct investments in Asia as well as funds and co-investments in Asia and the emerging markets: The TRE reader further added: Based on the MAS’s Guidelines on Fit and Proper Criteria (revised on 7 August 2012), one of the factors that is relevant to the assessment of the honesty, integrity and reputation of a relevant person is in clause 13(i) of the Guidelines: has had any civil penalty enforcement action taken against it or him by MAS or any other regulatory authority under any law in any jurisdiction. He then asked the following questions: Have Lim and the other two been subjected to the same standards of test that I am told every financial industry practitioner is put through? If not, why? If so, does it mean they were wrongly punished by the 2003 civil penalty? In fact, further checks by TRE revealed that Deputy Group Chief Investment Officer Lim Kee Chong’s name was in the industry-related sanction list of the US-based CFA Institute. CFA Institute [Link], is a global association of investment professionals. The organization offers the Chartered Financial Analyst (CFA) designation, the Certificate in Investment Performance Measurement (CIPM) designation, as well as the Claritas Investment Certificate. On its website, the CFA Institute has a section which lists individuals who, since 1 January 2000, are currently serving public disciplinary sanctions for violations of the CFA Institute Code of Ethics and Standards of Professional Conduct or have resigned their memberships while under investigation for industry-related misconduct. Public sanctions for industry-related conduct may include the followings [Link]: Censure Suspension from the CFA Program Suspension of membership Suspension of the right to use the CFA designation Permanent prohibition/suspension from the CFA Program Revocation of membership Revocation of the right to use the CFA designation Summary suspension In the case of Lim Kee Chong, the CFA Institute conducted its own hearing in 2010 and found Lim to have violated the CFA Institute Code of Ethics and Standards of Professional Conduct with regard to the 2003 insider trading incident. This was later affirmed by another review panel in 2011. This is what the CFA Institute said of Lim: It’s not known if Lim voluntarily disclosed his past insider trading case to the CFA Institute in 2010 or the CFA Institute found out about it 7 years later. It’s also not known if the MAS knew about the CFA Institute’s hearing of Lim Kee Chong case in 2010, 7 years after the insider trading incident. The delay of 7 years to come to the attention of CFA Institute remains a mystery.
  12. Anyone been successful with CFD trading e.g. plus 500 ...etc? The volitile nature of the forex trading burns many hands.. some burn until bone also don't have left... but anyone here been making good money?
  13. Wah, like that also can. Any experts can comment if they actually stand a chance?
  14. As above, my mom seems very negative abt me trading stock lately, i been trading for over a yr and nv ill treat her and i give her 2 k +/- per mth consistently from my trading but she keep nagging and say its like gambling etc, such money earn already not gd, such money take already muz return back in other ways etc many funny reasons. Ask me to stop.... But to me its like buying low selling high kind of biz, juz like what every legal biz man is doing, buy an item at low price and sell to a willing party at higher price legally. I dunno whats wrong with that.... I am someone easily affected by words esp from my parent, now her words make me very low morale and lose all my confidence and drive to trade again. 1 hr plus later trading start, i feel very down now to trade, all mood is gone.
  15. I have been investing (not trading) in stocks since 10 years ago. I got to earn the first time I trade, thinking I'm good I put in more capital, but it turns out that losses are bigger than the profit. Subsequently I got burned losing all my savings when trading the warrants. This puts an end to this, promising myself I should quit trading. A few months back, I'm back again, I traded a lot and lost most of the time. I was an addict to trading. Like an alcoholic, I was not able to control myself. I wanted to get rich quickly, but I kept losing most of the time. This was frustrating. Many times I decided to quit the game but I could not quit either. I was no better than an alcoholic. Can anyone help me?
  16. Planning on getting a bigger car but dont want to spend too much on monthly repayment Thinking of trading my 2008 Latio sedan preimun for Ssangyong Actyon 2.3A CNG http://www.sgcarmart.com/used_cars/info.php?ID=303245 Do you think is worth it ??? any comments on Ssangyong Actyon 2.3A CNG
  17. Do I need to pay income tax for profits earned from forex trading?
  18. Do I need to pay income tax for profits earned from Forex Trading?
  19. Chart On GBP/USD (H1) It Have Breakthrough So Looks More Likes It Going Bearish.
  20. Can anyone advise what's the procedure or how to deal with odd lot shares now (with electronic scripts)? Is it a hassle to trade as when it was in the paper scripts era? Say, I have 7,777 shares and I want to get rid of them all using online trading portal. TIA.
  21. Hi Guys, Just got interested in earning some income on the side. Would like to find out if its difficult to open an account for trading? I heard I'll need a CDP account and securities for broking/trading How long does if take for CDP to issue an account number? And would the trading account take a long time too? Just don't want to loose out on some stock tips in case the process takes too long Thanks!
  22. As mentioned is there something like it here? Minister without Pornfolio in charge of transport issues need not worry about swings in COEs if he implements this.
  23. http://www.phillipfutures.com.sg/en/products/index.html anyone tried their services before and got feedback? what is the difference between spot gold/silver vs the gold/silver listed under COMEX,CBOT and TOCOM ?
  24. I got river valley M315, Amber Road M310, Queenstown M306, Kaki Bukit M301 for sale... Singapore Flyer 1 for 1 selling at $10. Cheers....
  25. http://comment.straitstimes.com/showthread.php?t=32162
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