NZSX50 - Good News!

[winner69]

How is ATM having bad shareprice performance? Looks great to me

can’t say the same for the other two, thats for sure.

Nearly 20% off its high ....sentiment changing?

[bull....]

new way for kiwi investors to access the us markets

KiwiWealth, a sister company to Kiwibank, will today launch Hatch - an online trading platform which aims to under-cut brokers and allow people to buy fractions of shares in companies like Apple, Facebook and Amazon for the first time from New Zealand

https://www.nzherald.co.nz/personal-...ectid=12130743

[Pipi]

new way for kiwi investors to access the us markets

KiwiWealth, a sister company to Kiwibank, will today launch Hatch - an online trading platform which aims to under-cut brokers and allow people to buy fractions of shares in companies like Apple, Facebook and Amazon for the first time from New Zealand

https://www.nzherald.co.nz/personal-...ectid=12130743

Wow this looks fantastic. Will open it up to a lot more small investors.

[couta1]

Wow this looks fantastic. Will open it up to a lot more small investors.

We need another player that does NZX shares on a no frills basis, the brokerage rates in Aussie are dirt cheap with all sorts of incentives for volume and number of trades.

[Pipi]

We need another player that does NZX shares on a no frills basis, the brokerage rates in Aussie are dirt cheap with all sorts of incentives for volume and number of trades.

I was thinking the exactly the same - be good if someone here did this. But maybe our market isn't big enough. I'm a small time investor, put what spare money I have into the sharemarket. So quite often I can't invest when I want to. This opens up a a whole new area for me, and would be get to have this for NZ.

I'm currently putting into index funds, because of the small amounts you can put in, I can really diversify.

[bull....]

https://www.stuff.co.nz/business/mon...y-us-companies

well done , the traditional brokers charge outragous fees for buying stocks in the us.

i think this is the link

https://www.hatchinvest.nz/

[Lewylewylewy]

I wonder how the tax will work

[Filthy]

I wonder how the tax will work

plenty of info in the FAQ section on the site.

[sb9]

We need another player that does NZX shares on a no frills basis, the brokerage rates in Aussie are dirt cheap with all sorts of incentives for volume and number of trades.

Absolutely, even if someone can offer services at 80% of current fee charged then most of us will jump.

Thought someone from across the ditch would've been more practical player.

[Filthy]

Absolutely, even if someone can offer services at 80% of current fee charged

plus improve the user interface as well - rather than the clunky old websites we get given....