Forum Archive Index - May 2000

[Mike Nelson <bb2345@ihug.co.nz>]

Chris,

Thanks for that I have sent your comments to my contact at Access for his
comments. Access always blame the fact that there is a human between my
instruction to the computer and the actual instruction to the market and
likewise on the way back with confirmation of trades or parts thereof.

Your suggestion of other comments is a good one and if anyone else out
there has experiences good and bad to relate I am sure it would be of
interest.

MN



At 12:12 PM 05-05-00 +1200, you wrote:
>Mike,
>
>Direct Broking get my vote for efficiency.  Their acknowledgement is as 
>quick as you can reload and subsequent trade almost intant.  ASX orders 
>are phoned on to Cameron Sharebrokers immediately.  The email 
>notification of announcements, price changes etc is extremely helpful and 
>0800 line allows me to use my mobile to check depth without going 
>offline.  To top it off, account queries are promptly answered. 
>
>I have recently started using ABN-AMRO as my full service broker.  The 
>daily emailed market update is fantastic.  ABN do not have a large retail 
>client base but are obviously putting a few features in place that 
>previously only their extensive institutional clients enjoyed.   
>
>My own rule is, trade through ABN exclusively where information provided 
>by them prompts me to buy/sell.  I have no problem paying a higher 
>commission where valuable information is provided.    
>
>No this is not an advertisement, just an opportunity to say something 
>positve about a couple of good service providers.  Maybe it is an 
>opportune time to poll Sharechat subscribers on both online and service 
>brokers.  Your thoughts?
>
>Regards,
>Chris    
>
>
>
>    
>
>>Roy,
>>
>>What brokerage provided that sort of service ? And how long on average do
>>you wait to see the results posted ? IOW if the trade takes place at 10am
>>what sort of lag before you see that appear on your screen ?
>>
>>MN
>>
>>
>>
>>At 10:15 AM 05-05-00 +1200, you wrote:
>>>Not only online brokers.
>>>Have had the same effect when placing orders on the phone with client
>>>advisors who don't have a dealing terminal!
>>>Todate (crossed fingers) have seen my "online" orders processed on the NZSE
>>>screens within a few minutes after me hitting the send key!
>>>
>>>
>>>
>>>Roy Edwards
>>>PO Box 126
>>>Tauranga
>>>New Zealand
>>>Ph 07-578-0324
>
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