Share balance in CDP account

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#1
Hi all,

I just checked my share balance in CDP and noticed that one of my counters has got some lots missing. On checking the movement, they are shown as "TT- Transfer to". Ok I didn't do anything to them so what is going on here?

Anyone knows?
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#2
Possibly it is being borrowed. I encountered once, then I emailed them. The reply was it was borrowed.
Specuvestor: Asset - Business - Structure.
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#3
(30-01-2014, 11:35 AM)GPD Wrote: Hi all,

I just checked my share balance in CDP and noticed that one of my counters has got some lots missing. On checking the movement, they are shown as "TT- Transfer to". Ok I didn't do anything to them so what is going on here?

Anyone knows?

Are you in SBL? Shares could have been lent out.
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#4
Wow! They just borrow without telling me.
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#5
(30-01-2014, 12:01 PM)cif5000 Wrote:
(30-01-2014, 11:35 AM)GPD Wrote: Hi all,

I just checked my share balance in CDP and noticed that one of my counters has got some lots missing. On checking the movement, they are shown as "TT- Transfer to". Ok I didn't do anything to them so what is going on here?

Anyone knows?

Are you in SBL? Shares could have been lent out.

How can I check if I am in? By the way, why would SGX need to borrow my shares?Huh
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#6
Ok I just checked under my profile and is a Securities Lending Participant. Guess that is the reason why then.
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#7
Shares are borrowed for shorting purpose.

If many different buddies are seeing their shares being borrowed, that may be a sign of things to come.
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#8
sounds like an exciting time to come...i hope to see 'tt' in my share account
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#9
(30-01-2014, 08:45 PM)wsreader Wrote: Shares are borrowed for shorting purpose.

If many different buddies are seeing their shares being borrowed, that may be a sign of things to come.

its a sign of the Bulls or the Bears!!
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