news to news reader community see the detail about the DBS
SINGAPORE latest : DBS Vickers Securities said it is the first local stockbroking firm in Singapore to implement Second Factor Authentication (2FA) for its online trading platform.
The new system is a stronger authentication system which requires identity validation including user ID, login password and a dynamic, time-sensitive PIN generated by the 2FA device.
The official website of DBS Singapore Bank is www.internet-banking.dbs.com.sg. The bank was founded in 1968 and the main headquarters is in Singapore. Around 14,000 employees are working under this bank. Formerly, this bank was known as The Development Bank of Singapore Limited. Koh Boon Hwee is a Chairman while Piyush Gupta is a CEO of the DBS Singapore Bank. In South East Asia, DBS Bank is the biggest bank by assets and among the larger banks in Asia. In Singapore and Hong Kong, it has market-overriding locations in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund-raising.
more detail about this news its this that
Stock Trading Through DBS iBanking |its latest and new in market
It is called 'cash upfront transaction'. What it means is that when you buy shares through DBS ibanking (which is linked to your DBS Vickers online trading account), you will pay for the shares plus the relevant fees upfront by cash, instead of clearing your payments in T+x days. Your trading limit will be the amount of cash in your DBS Vickers online account. Ok, it does sound a bit complicated. What is the benefit then? You can have a lower commission. Instead of the normal 0.25% or S$25 minimum, you pay 0.18% or S$18.00 minimum.keep reading newsexcel.com for the latest infromtions,news,and reports.
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