Forum Archive Index - April 2000

[Sarah Corkill <Sarah.Corkill@directbroking.co.nz>]

Just released:

ABN AMRO Stand in the Market for AIRVB shares
Matched orders for this stand (SPEC2) are being processed .Accepted trades
will be available for viewing in the morning through FASTER in AIRBVZ.
Matched orders are being processed in the following way in line with the
terms stated in the "Stand" notice. 
1. All matched orders entered at less than $3.00 have been removed
2. All matched orders for less than 5000 shares have been accepted
3. Matched orders for 5000 shares have generally been accepted with
reductions in the number of orders made for some brokers. 
4. Matched orders for over 5000 shares have been scaled.

This means that if you gave your broker an order to sell more than 5000
shares your order will have been scaled.  Check with your broker to find out
the exact scaling.  If you were selling less than 5000 your order should
have been accepted (as long as your broker didn't enter a limit of less than
$3 and some did)

Happy trading,

Sarah Corkill
Direct Broking



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