sharetrader
Page 1 of 6 12345 ... LastLast
Results 1 to 10 of 53
  1. #1
    Member
    Join Date
    Oct 2016
    Posts
    61

    Default Direct broking / NZX

    Incredibly slow today took almost an hour for the trade to become active and go through (nothing to do with my offer price)
    Is this happening with all brokers?

  2. #2
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default

    Has been happening with ASB on busy down days

  3. #3
    Senior Member
    Join Date
    Aug 2002
    Location
    auckland, , New Zealand.
    Posts
    769

    Default

    Direct Broking service seem to be deteriorating.
    Answer phone talks about technical issues but it has been slow for many months now.

  4. #4
    Member
    Join Date
    Jan 2020
    Posts
    119

    Default

    Sharesies has slowed right down. Had a market price order price up for about an hour and none filled. Plenty of depth when I check through ASB.

    Must be hectic at NZX.

  5. #5
    Senior Member
    Join Date
    Oct 2016
    Posts
    1,069

    Default

    Yeah just about impossible to know and trade with such a volatile market.

  6. #6
    Member
    Join Date
    Apr 2009
    Posts
    65

    Default

    Quote Originally Posted by bottomfeeder View Post
    Yeah just about impossible to know and trade with such a volatile market.
    Does anyone else that markets should shut down in these situations or at least have 5% limit downs as we are seeing an enormous destruction of paper wealth in a very short time frame. this goes on to effect banks, peoples confidence, business confidence etc. Why not shut it down and not create such destruction, if we did that we would recover much faster after it is all over.

  7. #7
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by waterboy View Post
    Does anyone else that markets should shut down in these situations or at least have 5% limit downs as we are seeing an enormous destruction of paper wealth in a very short time frame. this goes on to effect banks, peoples confidence, business confidence etc. Why not shut it down and not create such destruction, if we did that we would recover much faster after it is all over.
    Or not. Closing markets will just make the panic that much more exacerbated once markets are opened again and that will create a run. You need the markets to remain open otherwise confidence will disappear and all semblance of normality will be gone.

  8. #8
    Senior Member
    Join Date
    Oct 2016
    Posts
    1,069

    Default

    Either way if the websites aren't up to date in a timely manner you could lose big time. Its just impossible if you don't know what are up to date SP.

  9. #9
    Hunting for Heuristic trends
    Join Date
    Dec 2013
    Location
    On a boat in the Deep Pacific
    Posts
    424

    Default

    This is the difference between "Public-Level" access and "Broker-level-access".

  10. #10
    Member
    Join Date
    Sep 2019
    Posts
    97

    Default

    Took me 20 minutes to have a buy order acknowledged and another 20 to amend. I was lucky to get the order filled. Now, looking for a quick exit on a profitable trade, price has hit my sell order twice but the order is still sitting there at 'placed' after - you guessed it - 20 minutes. Now the price is going back down. Waste of time amending as you'll be waiting half an hour before they take any action.

    Some amazing volatility to trade. Not much good if this is the level of responsiveness. They're obviously swamped with all the volume... I would have thought much of this process would have been automated.

    FFS.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •