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  #21 (permalink)  
Old 24th October 2007, 03:27 AM
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Quote:
Originally Posted by Squid View Post
My problem is, when given a CSCS number by a stock broker, how can you verify that it is tied to your name and not another persons (e.g. stockbrokers) CSCS number, without having to pay for any special CSCSLtd services? This is a big surprise for me, because until I can confirm this, I am reluctant to use my CSCS number on any IPO!
If you've already bought stocks that have cleared to the account ask your broker to order your CSCS account statement for you. Othewise, just order a small quantity of stocks from the floor and ask for the contract note.

If not, I think you will still need a broker to verify this for you.

If you are worried about your PO stocks being credited to someone else's account, I believe you name will still have to be matched to the CSCS number for the stocks to be credited to the account.
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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.

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  #22 (permalink)  
Old 3rd November 2007, 12:23 AM
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Thanks!
I would have replied since but I got lost!
Is there a simple way to view all post since last login or since a particular date? I tried the search earlier, but it requires many other parameters apart from just date!
I think CSCS should make it easy for one to check the name attached to these numbers.
Thanks once again.
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  #23 (permalink)  
Old 4th November 2007, 02:11 AM
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Tell your stock broker to het your account with CSCS printed for you online. With this, you can know if your account number is attached to your name. Besides, your fear of not using the number for any PO may not hold water as your name must match your CSCS account number before you can be credited with anything.

Its just like having bank account.
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  #24 (permalink)  
Old 4th November 2007, 02:11 AM
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Tell your stock broker to get your account with CSCS printed for you online. With this, you can know if your account number is attached to your name. Besides, your fear of not using the number for any PO may not hold water as your name must match your CSCS account number before you can be credited with anything.

Its just like having bank account.
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Old 4th November 2007, 06:13 PM
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Default What Is The Usefulness Of Cscs Acoount?

Hello everyone,
I want someone that know better to explain to me why we need this cscs account, I’m talking about the one we pay 2500 a year for. After log on to my own I did not see any special benefit on it. Before I register with them, there web site allow me to Research Company, check stocks history and many other stuff. Through my broker web site I can check the status of my stock with my cscs number. After carefully check it out I don’t know why I have the account with cscs, but I know for sure there are many expert here that can explain better to me. I welcome everyone comment.
Thanks

Yomk
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  #26 (permalink)  
Old 4th November 2007, 06:19 PM
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@ Yomik, the usefulness of having to pay N 2500.00 to cscs to give you a stock report is to make sure that your broker is not 'cooking figures' for you.

The report is going to come direct from cscs for you to verify.
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Old 5th November 2007, 12:38 AM
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Quote:
Originally Posted by c kenneths View Post
@ Yomik, the usefulness of having to pay N 2500.00 to cscs to give you a stock report is to make sure that your broker is not 'cooking figures' for you.

The report is going to come direct from cscs for you to verify.

Thanks
You mean I can place order for stocks and they will not buy and it will shows like they bought it, that’s scary. I know nothing is impossible anyway.
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Old 21st December 2007, 01:52 PM
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Quote:
Originally Posted by Yusuf View Post
My brother everybody that has answered you are wrong. Your CSCS number is that number that looks like this: C1234567YU. This is the number required to be filled into the space of CSCS in your PO form. The meaning of the number goes thus: C stand for central security clearing system, then 1234567 stand for your numerical number while YU stand for your Initial derived from your name.

The other numeric number is your CHN or Clearing House Number.

I hope you are cleared?
please direct me on how to log into my CSCS ACCOUNT. I have just de alphanumeric and numeric numbers . the alpha was sent to my phone while the numeric was given to me by my broker
THANKS
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Old 22nd December 2007, 02:23 PM
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Thanks
You mean I can place order for stocks and they will not buy and it will shows like they bought it, that’s scary. I know nothing is impossible anyway.
I am not saying there are many proven cases of such, but the attempt by cscs is to forstall such occurence. Plus if the brokers know there are measures to check their activities, they will be careful not to commit themselves.
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