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06-11-2019, 07:42 PM
#671
Originally Posted by winner69
Volume and activity so pathetic on NZX they only need to open for a few hours everyday in the first place,
11am to 3pm would suffice.
With a couple of hours off for lunch of course
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06-11-2019, 08:48 PM
#672
Member
Originally Posted by stoploss
With a couple of hours off for lunch of course
And don't forget their afternoon tea break, as well as the time loading up Internet Explorer on their Window XP
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07-11-2019, 08:59 AM
#673
no wonder sharesis is having a big impact on volumes on the nzx its brokerage is cheapest out there.
Sharesies charges significantly less than other DIY broking platforms, with no minimum charge and a 0.5 percent fee for orders up to $3,000, and 0.1 percent above that. On the average value traded, that would be a $1.10 broking fee compared to the $15 that the likes of ASB Securities would charge or direct broking
http://www.sharechat.co.nz/article/4...x-volumes.html
one step ahead of the herd
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07-11-2019, 09:49 AM
#674
Member
Originally Posted by bull....
no wonder sharesis is having a big impact on volumes on the nzx its brokerage is cheapest out there.
Sharesies charges significantly less than other DIY broking platforms, with no minimum charge and a 0.5 percent fee for orders up to $3,000, and 0.1 percent above that. On the average value traded, that would be a $1.10 broking fee compared to the $15 that the likes of ASB Securities would charge or direct broking
http://www.sharechat.co.nz/article/4...x-volumes.html
Mmm, sounds like the other brokers could look at lowering their fees
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07-11-2019, 09:52 AM
#675
Originally Posted by dagdaniel1
Mmm, sounds like the other brokers could look at lowering their fees
Occasionally I receive a survey from ASB who I use, and I suggest this every time ... trying my best
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07-11-2019, 09:57 AM
#676
Originally Posted by oldtech
Occasionally I receive a survey from ASB who I use, and I suggest this every time ... trying my best
I tried to negotiate a better fee deal with them few weeks back (they do get a decent business out me annually), but they wouldn't corm to the party. Too bad have taken away my broking elsewhere.
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07-11-2019, 10:08 AM
#677
i used to do all my aus stock trades thru nz brokers but now do all asx trades thru asx brokers at .1%. saves me a heap of money
one step ahead of the herd
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07-11-2019, 10:46 AM
#678
Sharesie…..can't recall....do you actually hold the shares yourself like Direct Broking ? Or is it custodial ?
I'm still suffering from my ongoing experience with Halifax. Once bitten...….well....I'll just keep paying my $30 and change.
I'm not a trader so its not a train smash in the context of things.
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07-11-2019, 11:05 AM
#679
Originally Posted by RTM
Sharesie…..can't recall....do you actually hold the shares yourself like Direct Broking ? Or is it custodial ?
From what I read it's custodial ... which doesn't appeal to me either.
https://www.sharesies.nz/how-it-works
"We use Sharesies Nominee Limited to hold your money and investments on bare trust for you. Sharesies Nominee is separate from the daily business operations of Sharesies Limited. This means your money is held separately to the money Sharesies Limited uses to pay staff, and buy office stuff, like stationery and coffee."
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07-11-2019, 11:48 AM
#680
not a big fan of custodial either
one step ahead of the herd
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