What is a CDS account in Sri Lanka?

In order to trade in listed securities, it has been made mandatory for investors to open a CDS account through an authorized Stock Broker Firm. A CDS account is similar to a standard bank deposit account and acts as a means of representing ownership and movement of securities Listed on the CSE.

What you need to open a CDS account?

What do I need to open a CDS account? You need two recently taken passport size photographs, original National ID or passport. In the case of a company you need the original certificate of incorporation, and if you are an organization registered in any other way you need the certificate of registration.

How do I access my CDS account online?

Get started
  1. 1.Register/Login. Click Register /Login the Client Portal tab or at the top of this page.
  2. 2.Accept T&C. Carefully read the terms and Conditions and Click Agree.
  3. 3.Enter CDS & ID Number. Key in your CDS and National ID/Passport Number and click Verify & Create Account.
  4. 4.Check Email.

Can I have 2 CDS account?

Can I open more than one CDS account? An individual investor is allowed to open only one (1) CDS account with each ADA. However, a corporate investor may open multiple accounts with the same ADA.

How much do you need to open a CDS account?

As a side note, you need to be 18 years old and above to open an account. Also, there is an RM10 fee for CDS account opening, and your brokerage will help you to open your CDS account simultaneously when you register for your stock trading account.

How do I get a bursa CDS statement?

You can sign up for eStatement by providing your email address either at your Authorised Depository Agent (ADA), i.e. stock broker’s office where your CDS account is maintained, or online via Bursa Malaysia Berhad’s website.

How do I open a CDS account through Bursa anywhere?

How to Open a CDS Account in Malaysia with Bursa Anywhere
  1. 5.1 1) Download and Install Bursa Anywhere.
  2. 5.2 2) Register an Account in Bursa Malaysia.
  3. 5.3 3) Register a CDS account.
  4. 5.4 4) Choose Preferred Brokerage Agents.
  5. 5.5 5) Pay and Complete Your Registration.

What is my Rakuten CDS account number?

Q: Where can I locate my CDS account number? A: Your CDS account account number is available on the Rakuten website after you login. Or you can request from CustomerService@RakutenTrade.my.

How do I get a bursa password?

The individual investor requires unique password phrase which available in their CDS notification for eStatement registration through Bursa Anywhere. Alternatively, the individual investor may contact the Bursa Anywhere Service Desk at 03-2034 7090 or email bursaanywhere@bursamalaysia.com.

How do I open a bursa account?

How to Open Trading and CDS Account for Trading in Bursa Malaysia?
  1. Step 1 – Open trading account.
  2. Step 2 – Choose between Nominee or Direct Trading Account.
  3. Step 3 – Choose between Cash Upfront or Collateralised Account.
  4. Step 4 – Decide to invest Online or Offline.
  5. Step 5 – Open Central Depository System (CDS) account.

Where can I get a CDS statement?

Requesting Duplicate Copy of CDS Statement
  • Call over personally at the office of the CDS and obtain a copy of statement by producing his National Identity Card (NIC) or.
  • Request from the CDS for such statement through E mail cdsreq@cse.lk.
  • A letter of request to the CDS by fax (2440396) or post.

Can I trade using Bursa Anywhere?

Yes, transfer of securities can be performed through Bursa Anywhere but it is limited to No Change in Beneficial Owner (NCBO) type of transfer transactions. Meaning the depositor can only transfer his/her own securities from one direct CDS account to another direct CDS Account.

What is password phrase in Bursa Anywhere?

Cancel LOGIN REGISTER Page 3 BURSA MALAYSIA Creating Opportunities, Growing Value Note: password phrase comprises the first 2 characters of your name (as reflected in your CDS account) and last 6 digits / alphanumeric of your NRIC / passport number.

What is Bursa CDS?

CDS is an acronym for “Central Depository System”. The Central Depository System is a system that is fully owned and operated by Bursa Malaysia Depository Sdn Bhd (formerly known as Malaysian Central Depository Sdn Bhd), a wholly owned subsidiary of Bursa Malaysia Berhad.

What is the role of central depository system?

What is Central Depository System? The main function of CDC is to operate and maintain the Central Depository System (CDS), an electronic book-entry system used to record and maintain securities and to register the transfer of securities.

What is Bursa anywhere account?

Bursa Anywhere is Bursa Malaysia Depository’s electronic platform that enables the depositors to access, manage, execute CDS transactions and receive CDS notifications electronically. For the initial phase, depositors can access Bursa Anywhere through the Mobile App only.

What is difference between NSDL and CDSL?

NSDL is a short form for National Securities Depository Limited which deals with “National Stock Exchange” (NSE), whereas CDSL is the short form for Central Depository Securities Limited which works for Bombay Stock Exchange (BSE). CDSL is having around 1.6 crore investor account managed by 19000 DP service centers.

How do I know my CDS account?

One can access the SMS service by sending an SMS with the word Register to 22372 and following the instructions thereof to complete the registration. The SMS service allows you to access your CDS account and keep track of your shares on your mobile phone anywhere and at any time.

What’s a CDC account?

Investor Account is directly opened and maintained with Central Depository Company (CDC) similar to the Sub-Account maintained with Participants. Investor Account Holders have complete control over securities and can move securities and perform transaction in the similar fashion performed through Commercial Banks.

Is HDFC Securities NSDL or CDSL?

In case of any ambiguity, the contents of the English version would prevail.

Account Opening Documents.

Name of Depository Participant HDFC BANK LIMITED
CDSL
DP ID Client ID