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u/extmpo 14 hours ago Investing

How to sell Lion SG Physical Gold (GLS) on FSM?

Bought GLS using DBS Vickers. It was captured as GLU (USD counter) in CDP account. If I want to sell it using FSM, do I sell GLS or GLU?
8 comments held Reddit says 0 on reddit ↗
  1. u/[deleted] 1 14 hours ago

    [deleted] — already gone when the archive first saw it

  2. u/Sunriseovermist 1 14 hours ago
    Cannot be different. Check your order. Did you pay in USD or SGD? 
  3. u/extmpo OP 1 14 hours ago
    Paid in SGD. Noticed both counters share the same ISIN code though.
  4. u/Sunriseovermist 1 13 hours ago
    Check with CDP
  5. u/hypetrain_321 1 14 hours ago
    Buy high sell low ah
  6. u/extmpo OP 1 14 hours ago
    Fortunately, no ;)
  7. u/sgh888 1 12 hours ago
    Look up SGX Dual Currency Trading. Basically the stock can be traded in a primary and secondary currency and underlying is same stock. This only apply to a very small group of stocks and is listed in SGX website. That means you can buy sell in either currency. This rule seems to only apply to stocks residing in CDP. For custodian it is like two separate stocks based on the stock code. So if you use FSMOne Sell From CDP you can specify either currency stock. But if you selling from custodian like FSMOne or moomoo etc you specify the correct currency stock code else is short sell.
  8. u/extmpo OP 1 11 hours ago
    Great, thanks for clarifying.