sharetrader
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  1. #1
    Senior Member
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    Feb 2011
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    Angry ANZ Share trading System

    Australian connection is currently down if anyone is experiencing problems ...
    Their website also crashed today so a multitude of problems ....

  2. #2
    Senior Member
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    Jun 2009
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    anyone else having trouble connecting or even getting thru on the phone to anzshareandbondtrading?

  3. #3
    Advanced Member
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    Feb 2005
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    Auckland, , New Zealand.
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    I don't think they exist anymore. Replaced with

    www.anzsecurities.co.nz

  4. #4
    Senior Member
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    Quote Originally Posted by 777 View Post
    I don't think they exist anymore. Replaced with

    www.anzsecurities.co.nz
    does still exist ,think the difference is one was the old Accces brokerage and one is ANZ clients , obviously you could be both

    https://www.anzshareandbondtrading.co.nz

  5. #5
    Senior Member kizame's Avatar
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    Feb 2007
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    Tauranga, , New Zealand.
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    ANZ platform is really slow in performing a buy or sell action. I had an existing order for a share,I have just changed this for the current asking price with enough shares on offer to cover my order.
    I switched from the orders window to the depth of the share windows, refreshing each time.It took 5 minutes for my order to go through. This happens all the time,it used to be nearly instantaneous,when you clicked buy,a couple of refreshes and your order was done.
    I have been told when I rang them that they have to check the csn number etc. but electronically this shouldn't be an issue,as I have had an account for years etc.
    In this day and age,that is just absurdly slow,even as the minimum brokerage is $29.90 you would think they would be way more efficient,maybe I could understand it if the brokerage was $7-8 like in the states.
    Does anyone know why this is?

  6. #6
    Senior Member
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    Jan 2013
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    Have noticed the same. My guess is that they are holding on the trade to try and match it with another ANZ client (saving them money) - just a guess though.

  7. #7
    Senior Member kizame's Avatar
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    Tauranga, , New Zealand.
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    Quote Originally Posted by JohnnyTheHorse View Post
    Have noticed the same. My guess is that they are holding on the trade to try and match it with another ANZ client (saving them money) - just a guess though.
    You would think that would be bordering on unethical though,as they should have your best interest at heart. Risking missing the trade because someone else got in and snatched those shares at the price you wanted to pay.
    That way they could also miss out on your brokerage as you change your mind as the next available price doesn't suit.

  8. #8
    Senior Member kizame's Avatar
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    Feb 2007
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    Tauranga, , New Zealand.
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    In this day and age of fast internet and platforms that should be very efficient,it's quite dissappointing to see this happening.

  9. #9
    Member thestg's Avatar
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    Apr 2015
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    Napier
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    It looks like the ANZ platform has crashed. Was taking 2 minutes to update, now is taking forever.

  10. #10
    Antiquated & irrational t.rexjr's Avatar
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    Feb 2017
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    Under the sycamore tree
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    Does anyone have any insight as to why the ANZ and ASB trading platfroms show different depth/volume figures etc? Both are live so thats not it. ANZ almost always has more buyers at any given price than ASB. Sometimes there is even a different last trade price.

    Todays example: 13/09 12:44 AET - XST.ASX taken within a millisecond of each other

    ASB:
    Last Change Buy Sell Open High Low VWAP Volume Turnover
    $0.013 0.1
    8.3%
    $0.013 $0.014 $0.012 $0.013 $0.012 $0.013 26,317,050 $337,470

    Buyers
    6 2,865,897 $0.013

    Sellers
    5 2,880,315 $0.014


    ANZ:
    Last Change Buy Sell Open High Low VWAP Volume Turnover
    $0.014 0.2
    16.7%
    $0.013 $0.014 $0.012 $0.014 $0.012 $0.013 48,282,621 $621,792


    Buyers
    13 4,084,382 $0.013

    Sellers
    14 4,375,861 $0.014

  11. #11
    Antiquated & irrational t.rexjr's Avatar
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    Quote Originally Posted by kizame View Post
    ANZ platform is really slow in performing a buy or sell action. I had an existing order for a share,I have just changed this for the current asking price with enough shares on offer to cover my order.
    I switched from the orders window to the depth of the share windows, refreshing each time.It took 5 minutes for my order to go through. This happens all the time,it used to be nearly instantaneous,when you clicked buy,a couple of refreshes and your order was done.
    I have been told when I rang them that they have to check the csn number etc. but electronically this shouldn't be an issue,as I have had an account for years etc.
    In this day and age,that is just absurdly slow,even as the minimum brokerage is $29.90 you would think they would be way more efficient,maybe I could understand it if the brokerage was $7-8 like in the states.
    Does anyone know why this is?
    Yeap ANZ is shockingly slow hence I have my trade portfolio with ASB & investment portfolio where speed is mostly unnecessary with ANZ. Works out cheaper too as my investment buy/sells are normally a much higher value taking advantage of their cheaper rates.

  12. #12
    Advanced Member
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    Apr 2003
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    Quote Originally Posted by t.rexjr View Post
    Yeap ANZ is shockingly slow hence I have my trade portfolio with ASB & investment portfolio where speed is mostly unnecessary with ANZ. Works out cheaper too as my investment buy/sells are normally a much higher value taking advantage of their cheaper rates.
    I tried to sell some shares yesterday via ANZ on the Asx. Took about 4 minutes from me placing my order to my order being executed. In that time the bid had disappeared and I was not happy. Luckily it got taken by someone about 2 hours later but that really is not good enough is it. A cursory SRN check should take no longer than 30 seconds and the rest should be instantaneous. It could be the broker in AUS that ANZ use that is dragging the chain....

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