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Thread: Direct Broking

  1. #166
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    Quote Originally Posted by Ggcc View Post
    lovely my depth has gone in all shares, has this affected anybody else?
    Yep - same here

    From Direct Broking - working with data providers to fix current fault of live market data
    We are currently working with our data providers to resolve an issue with live market data. We'll get this back up as soon as possible.e currently working with our data providers to resolve an issue with live market data. We'll get this back up as soon as possible.
    Last edited by Mickey; 25-07-2019 at 09:14 AM. Reason: update

  2. #167
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    Can anyone point to where the codes on the depth chart for ASX are now. With ANZ there was a help on the same page. Yesterday 2 very large sales (suspect USB) with a 4 letter code and today CEXT. Not in glossary.

  3. #168
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    Quote Originally Posted by bonne vie View Post
    Can anyone point to where the codes on the depth chart for ASX are now. With ANZ there was a help on the same page. Yesterday 2 very large sales (suspect USB) with a 4 letter code and today CEXT. Not in glossary.
    I've had trouble with this before. I emailed them and they provided me the answers I needed.

  4. #169
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    Quote Originally Posted by bonne vie View Post
    Can anyone point to where the codes on the depth chart for ASX are now. With ANZ there was a help on the same page. Yesterday 2 very large sales (suspect USB) with a 4 letter code and today CEXT. Not in glossary.
    If I remember correctly, CEXT refers to a transaction on the Chi-x exchange rather than the ASX. This exchange is primarily used by high volume traders. You will often find Chi-x transactions with 0.25 or 0.75 increments when they are not supported on the ASX.

  5. #170
    Guru peat's Avatar
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    Default Attachments to Announcements

    It would be really nice if Direct Broking provided the attachments to the NZX announcements.
    Personally I find it a bit galling to read an announcement that says nothing and refers one to the attached document which isn't there. Which means I then have to go to NZX to obtain.

    e.g.
    Attached is a Notice under Listing Rule X.xx.x in respect of blah blah blah

    quite frankly this sux
    I'm a busy retired person I aint got time fo dis.

    Just a suggestion guys, if you wanna be client focussed.

    Delete them all after a month if space is an issue, but I cant really imagine it would be a serious issue.
    Just get the attachments on your site , or links direct to the nzx if thats easier.

    TIA



    For clarity, nothing I say is advice....

  6. #171
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    Has anyone else noticed this? I've seen it for a while, and keep forgetting...but it is seriously frustrating. Basically - when you click into a depth view of a share, the share price displayed as the 'header' does not actually reflect the most recent trade. It never used to...has only started doing that a few months ago. It got me into a spot of bother once, which DB were very quick to fix for me. But it isn't a one-off...it keeps showing up in the view. Check out the example....right now its doing it with PLX as well.

    dbview.jpg

  7. #172
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    Quote Originally Posted by SylvesterCat View Post
    Has anyone else noticed this? I've seen it for a while, and keep forgetting...but it is seriously frustrating. Basically - when you click into a depth view of a share, the share price displayed as the 'header' does not actually reflect the most recent trade. It never used to...has only started doing that a few months ago. It got me into a spot of bother once, which DB were very quick to fix for me. But it isn't a one-off...it keeps showing up in the view. Check out the example....right now its doing it with PLX as well.

    dbview.jpg
    Yep, noticced this on several occasions. But I think its always when there are very small trades ( BOTs) so maybe that has something to do with it !?

  8. #173
    Reincarnated Panthera Snow Leopard's Avatar
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    Small trades below a certain volume or value are excluded from setting a market price.

    It goes back to the days when having bought 9998 of the 10,000 shares at $1 in your order the broker bought the last 2 at any price just to close the d*** order.
    om mani peme hum

  9. #174
    Guru peat's Avatar
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    Here are the trade conditions but they aren't shown so much these days

    Trade Conditions.JPG

    https://www.directbroking.co.nz/Dire..._glossary.aspx
    For clarity, nothing I say is advice....

  10. #175
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    Quote Originally Posted by peat View Post
    It would be really nice if Direct Broking provided the attachments to the NZX announcements.
    Personally I find it a bit galling to read an announcement that says nothing and refers one to the attached document which isn't there. Which means I then have to go to NZX to obtain.

    e.g.
    Attached is a Notice under Listing Rule X.xx.x in respect of blah blah blah

    quite frankly this sux
    I'm a busy retired person I aint got time fo dis.

    Just a suggestion guys, if you wanna be client focussed.

    Delete them all after a month if space is an issue, but I cant really imagine it would be a serious issue.
    Just get the attachments on your site , or links direct to the nzx if thats easier.

    TIA



    Well done Direct Broking. I saw a link at the bottom of the announcement that refers straight to the NZX site. Brilliant.

  11. #176
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    Quote Originally Posted by blackcap View Post
    Well done Direct Broking. I saw a link at the bottom of the announcement that refers straight to the NZX site. Brilliant.
    Yes that's much better. Thanks for highlighting it...hadn't seen it there....has it always been there ?

  12. #177
    Guru peat's Avatar
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    I wasnít sure if it was there before and wondered if Iíd made ass of myself haha, but if I havenít then yeh big ups to DB
    For clarity, nothing I say is advice....

  13. #178
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    Had to email DB on odd lot trading. Understandbly there will always be short trades, and unfortunately odd lot trades. But it is really annoying and adds to the cost of trading. I put an order in today for 500 WBC and picked up 2 plus brokerage. Not so dramatic with $30 shares but when buying MPG it would be a real downer. I emailed DB and suggested they really need to come up with a policy, whereby odd lot trading below a certain value should not incur brokerage until a substantial part of the order is filled.

    Will let you know the outcome.

  14. #179
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    When I have had an order not completely filled I have been charged the $29.95 (or whatever) and then when the order is completed with subsequent trades there has been no extra brokerage charged, so the complete order goes through with $29.95 brokerage.
    I guess they charge it with the initial trade as if it was not done until the majority of the purchase was completed someone could get 2 or 10 or 100 shares, no brokerage and then cancel the outstanding order. Could get messy.

  15. #180
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    Quote Originally Posted by Grimy View Post
    When I have had an order not completely filled I have been charged the $29.95 (or whatever) and then when the order is completed with subsequent trades there has been no extra brokerage charged, so the complete order goes through with $29.95 brokerage.
    I guess they charge it with the initial trade as if it was not done until the majority of the purchase was completed someone could get 2 or 10 or 100 shares, no brokerage and then cancel the outstanding order. Could get messy.
    That makes perfect sense. Same amount of work for DB if they purchase 2 shares or 1000. Once a purchase (or sell) has been initiated they should charge bro on it. Indeed if you decided to cancel an order and then had to post date brokerage etc. Could get messy in the back office too. If you get hit for 2 shares you have a month to buy the remainder. Just up the bid to the ask and get the rest. Simple really.

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