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Re: [sharechat] Broker Question


From: "Adam Rands" <adam@mail.iguana.co.nz>
Date: Mon, 6 Dec 1999 10:08:15 +1100


Is this advertising...????.....

I dont think the sharechat forum was designed to be advertorial (ben:
correct me if i am wrong)

Posting these types of message devalues the forum.

My company too is heavily involved in providing sharemarket content and
services over the net but i choose not to promote it via these types of
channels.... It is not  good net etiquette

Masking promotional activities as information is just being deceptive.

Maybe a charter for sharechat needs to be established...


-----Original Message-----
From: Stuart Cairns <stuart.c@dfmainland.co.nz>
To: 'sharechat@sharechat.co.nz' <sharechat@sharechat.co.nz>
Date: Monday, December 06, 1999 9:49 AM
Subject: RE: [sharechat] Broker Question


>Joe
>dfmtrade.com have free brokerage for December, should eliminate all your
problems.
>
>On a more serious note you should not pay the minimum on your second
transaction but you should clarify it first
>
>Stuart H. Cairns
>email ; stuart.c@dfmtrade.com
>tel 64+9+307 9066 fax 64+9+307 9061
>dfmtrade offers registered clients no brokerage
>for buying and selling shares, at market, over the internet,
>for the month of December. Visit our website to register
>http://www.dfmtrade.com
>
>
>-----Original Message-----
>From: Joe Spooner [SMTP:joespooner@hotmail.com]
>Sent: Sunday, 5 December 1999 07:18
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Broker Question
>
>I placed a buy order for shares recently with a limit. Unfortunately, the
>broker only purchased 14% of the number I ordered. I have just received the
>invoice for the transaction and it still includes the minimum brokerage fee
>as well as a trade fee. Plus it states that the rest of the order is still
>outstanding.
>
>Obviously my brokerage fee is going to be inflated if the order is
>completed. And the brokerage fee on the small parcel already bought equates
>to around 2.5% for those shares.
>
>My question is, can share brokers after receiving a request for a certain
>number of shares to be purchased at a limit price then purchase them in
>smaller parcels hence causing the brokerage to be a lot higher?
>
>Regards
>Joe
>
>
>
>______________________________________________________
>Get Your Private, Free Email at http://www.hotmail.com
>
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