Jardendirect broking

[Rawz]

I'm going to change brokers. Any suggestions? ASB?

I recently created a Jarden account and can tell you it is a million times better than the old ASB platform that hasnt changed in what..? 15 years?

I am not sure what all the complaining is about. The Jarden site is amazing. Shareies is really good too imo.

Im going to use Jarden for long term NZX holds. Sharesies for ASX and spec NZX buys

[BlackPeter]

I'm going to change brokers. Any suggestions? ASB?

Mmh - currently have an account with ASB and one with Jarden (for different CSN numbers), and plan to watch the story unfold before I consolidate with one of them.

So far however I must say - Jarden is winning, despite all the hassles. Clear case of being the less ugly turd.
Better get used to turds ...

For beginners - ASB user interface is inferior (a huge step backward from direct broking, and still ways behind Jarden). ASB's brokerage is different than Jarden direct, and for my preferred parcel size (around $15k) it is 50% dearer (0.3% instead of 0.2%). ASB is however cheaper if you deal with smaller parcels. ASB's habit to send you for every transaction a separate confirmation email can drive one nuts. Buy a parcel of say 5000 shares and be unlucky to buy from plenty of sharesies investors, and you might get between 20 and 40 confirmation messages in your inbox instead of the one confirmation email per day Jarden would send you.

On the bright side ... I start to see as well some benefits in the new Jarden direct platform compared to Direct broking. I find some of the research details quite useful, if they just would provide as well on a separate tab the quick and easy portfolio overview (and changes) direct broking used to offer.

[RTM]

Another positive is that the platform seems pretty stable. The conversion process happened well, no errors. All my shares and watchlists turned up in the new site. Oh, and my cash as well.
So unless there is a compelling alternative...I will be sticking with them. Better the devil you know.
Question: Can we have unlimited tickers on the watch lists in the new system ? Haven't checked this, so still maintaining separate ones....General, Property, Aussie, Power etc.
Would like to combine some. Perhaps to NZ and Aussie with like companies grouped.

I am looking forward to enhancements....but I am not holding my breath.

[t.rexjr]

I'm going to change brokers. Any suggestions? ASB?

There is 1 major, major, major advantage with trading with ASB over Jarden. ASB action orders almost instantly if not instantly. It makes a huge difference when buying and selling. Huge

[ronaldson]

There is 1 major, major, major advantage with trading with ASB over Jarden. ASB action orders almost instantly if not instantly. It makes a huge difference when buying and selling. Huge

Yes, I have experienced irritating delay in order processing to market and believe it should be more automated notwithstanding the need to confirm funds/existing holding. And yes, it does have the potential to miss a full or partial fill on occasion.

And I have yet to understand the rationale for the 20 min delay in real time pricing data/updates. This is surely for the potential benefit of brokers/institutional traders rather than retail clients. If I get sufficiently motivated, I will talk to the FMA about it. And personally, I believe all off-market crossings should be banned and all trades should go thru on-market based solely upon time of placement of orders so far as prioritisation in the queue is concerned.

[RTM]

There is 1 major, major, major advantage with trading with ASB over Jarden. ASB action orders almost instantly if not instantly. It makes a huge difference when buying and selling. Huge

That's interesting, thanks. Guess this would be especially important for Traders...which I am not.
But yes...I can remember on the old system seeing orders sitting there not being processed which was more than annoying at times.
Generally not an issue for me and the way I do business now.

I thought it was quicker in the new system....but have no data to substantiate that one way or another.

[Nor]

Be cool if they could introduce no fee on first trade of the day if it's under 1000 like a certain Aussie broker. Buy only that is.

[sb9]

There is 1 major, major, major advantage with trading with ASB over Jarden. ASB action orders almost instantly if not instantly. It makes a huge difference when buying and selling. Huge

Agree with that, order on ASB Sec go through within seconds, whereas with Jarden there’s at least 5min delay and that’s a lot of lost opportunity. Not sure why so much delay.

[bottomfeeder]

Cant log in. It just takes you to a sign up screen. Anyone else having problems or am I just the only one. Rang Jarden, they are going to give me a ticket. I wonder how long that is going to be. Same problem on all my devices and Laptop. Quite disconcerting. You feel like someones hacked your account.

[stoploss]

Cant log in. It just takes to to a sign up screen. Anyone else having problems or am I just the only one. Rang Jarden, they are going to give me a ticket. I wonder how long that is going to be. Same problem on all my devices and Laptop. Quite disconcerting. You feel like someones hacked your account.

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