ANZ Share trading System

[stoploss]

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

[777]

I don't think they exist anymore. Replaced with

www.anzsecurities.co.nz

[stoploss]

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

[peat]

thanks for the responses, blackcap and shasta

[kizame]

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?

[t.rexjr]

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.

[blackcap]

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....

[JohnnyTheHorse]

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.

[kizame]

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.

[kizame]

In this day and age of fast internet and platforms that should be very efficient,it's quite dissappointing to see this happening.