Stop losses ...ASX

[ollie]

Thanks wbosher,

if i get a dummies book i'll save it to read at home ( not on the train ) ..lol

[POSSUM THE CAT]

Shasta Julian G has left Direct Broking & gone to London

[shasta]

Shasta Julian G has left Direct Broking & gone to London

Thanks for the update, i missed that. :o

Pity someone else didn't run with the ball from National!

[AliceSaville]

Hi everyone.

I don't like to see that some of you are considering a jump to ASB... but it's actually good ammo for me to take to my superiors re: providing ASX stop/loss orders at DBL.

I'll start campaigning asap and keep you posted.

Cheers,
Alice

[shasta]

Hi everyone.

I don't like to see that some of you are considering a jump to ASB... but it's actually good ammo for me to take to my superiors re: providing ASX stop/loss orders at DBL.

I'll start campaigning asap and keep you posted.

Cheers,
Alice

Thanks Alice

I'm not in any way affiliated with ASB, i just use them.

If you can help the members on here, by all means do so

[Voltaire]

Hi everyone.

I don't like to see that some of you are considering a jump to ASB... but it's actually good ammo for me to take to my superiors re: providing ASX stop/loss orders at DBL.

I'll start campaigning asap and keep you posted.

Cheers,
Alice

Hi Alice,
good to see that you're prepared to enter the fray on behalf of Nat Bank Share and Bond customers - Julian had apparently had his wings clipped in this area and felt he wasn't able to comment on issues affecting, or offer any assistance to, Nat Bank clients.

Perhaps you could also ask whether there is any intention, ever, to correct the Nat Bank's "My Portfolio - Unrealised P/L (NZD)" amounts to allow for changes in the exchange rate since purchase. The current figures listed are nonsense. Having asked several times that this be corrected (many months ago now), and being told that DB were aware of the issue and were looking at making changes, I've given up asking. Now I simply ignore those figures, but it's a bad look for both Nat Bank and DB - the inference is that the brokers, IT people, or both, are innumerate. Incidentally, this was not a problem with the previous Nat Bank broking service offered by 1st NZ Capital. Following the lack of any action on this I have started purchasing offshore shares through ASB.

[AliceSaville]

Hi Alice,
good to see that you're prepared to enter the fray on behalf of Nat Bank Share and Bond customers - Julian had apparently had his wings clipped in this area and felt he wasn't able to comment on issues affecting, or offer any assistance to, Nat Bank clients.

Perhaps you could also ask whether there is any intention, ever, to correct the Nat Bank's "My Portfolio - Unrealised P/L (NZD)" amounts to allow for changes in the exchange rate since purchase. The current figures listed are nonsense. Having asked several times that this be corrected (many months ago now), and being told that DB were aware of the issue and were looking at making changes, I've given up asking. Now I simply ignore those figures, but it's a bad look for both Nat Bank and DB - the inference is that the brokers, IT people, or both, are innumerate. Incidentally, this was not a problem with the previous Nat Bank broking service offered by 1st NZ Capital. Following the lack of any action on this I have started purchasing offshore shares through ASB.

Hi Voltaire
Strictly speaking, I'm only allowed to pass your messages onto the National Bank customer service team.

However the fact that NBNZ traders are using the same platform as DBL traders means that technical developments/problems will affect both groups, so it's only fair that everyone is kept in the loop.

Cheers,
Alice

[shawsie]

Voltaire

that also bugged me.

do asb have a capability to trade ASX out of an $AUD account, NZX from Kiwi?

I called DB last week who said they were working on it, gave 6-8 week timeframe.

the exchange rate conversion (at Nat at least) every time is a rort, comfortably more revenue from their commission and shade than the brokerage.

[dartMonkey]

do asb have a capability to trade ASX out of an $AUD account, NZX from Kiwi?

Yes they do.
I have a cash management account for NZ and foreign currency account for Aus.. You can buy ASX directly from your NZ account but it's better to move bulk lots to your foreign currency account at the right time I'd've thought.

[wbosher]

I set up a Macquarie account for the ASX through DB. It took a little over a week after I sent in the paper work and I was away trading in $AU...easy.