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  1. 26-05-2018, 03:06 AM #33
    GTM 3442
    GTM 3442 is offline
    Ignorant. Just ignorant.
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    Quote Originally Posted by Onion View Post
    The FCNZ T&Cs mention that FCNZ will take a cut (as yet unspecified) of the interest paid on the [transferred] Cash Management Account:



    I have looked at the ANZ Securities T&Cs and cannot find an equivalent fee.

    Does anyone else have a concern with that arrangement?
    Yes. Yes I do. I think it stinks.

    At the moment, i have no money in any ANZaccount - I place buy orders and then pop the money into the ANZ account before settlement date.

    I see that vanishing, and having no wish to have to maintain a balance in a brokerage account I will likely quit the NZX.

    So, anybody know of an offshore broker who will trade New Zealand?
    Last edited by GTM 3442; 26-05-2018 at 03:07 AM.
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