Very small share parcel buys & sells on NZX

[percy]

I have often brought/sold shares in companies where "bolts" are operating,via my Craigs broker,both in Aussie and NZ..
I may be buying/selling a 1,000 shares,and Craigs sell 300.I receive a contract note for the 300 traded,with brokerage charged.
When the other 700 are traded I receive another contract for the 700,and no more brokerage is charged.
So the "bolts" have not cost me.I take it would be the same at all full service brokers.


Years ago WDT /Cadac,Aorangi was traded though ShareMart,owned by a share registry.
They too had a minimum trade fee.
I had a reasonable buy order in, and they picked a hand full for me.The brokerage came to more than the total value of the shares I was buying.I complained,and was told that is how they operate.To which I advised them their operation was not up to my standard.Never dealt with them again.