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[sharechat] On line brokers ... downside


From: Mike Nelson <bb2345@ihug.co.nz>
Date: Fri, 05 May 2000 09:26:52 +1200


Following on from the recent conversation about on line brokers here is one
big downside if using Access Brokerage. Orders placed by your computer
connection at say 8am may be placed in the queue behind an order which is
phoned in at 9:20am.  Could just mean you end up missing a sale at 1c
higher which could mean the 29.50 fee cost you $500 or more.


MN
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