Forum Archive Index - May 2000
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RE: [sharechat] Advice needed on slow-moving 'buy'
Robert,
Whilst you would receive a contract note for each days purchases, the
brokerage charged would be for the whole order. You would not be charged
any extra for the delay in filling your order
-----Original Message-----
From: Robert Nottage [mailto:robnottage@yahoo.com]
Sent: Monday, 8 May 2000 18:20
To: sharechat@sharechat.co.nz
Subject: [sharechat] Advice needed on slow-moving 'buy'
A poser for the more experienced ones amongst our lot.
If I were to place a 'buy' for a real slow moving
stock and my order is not completed for, say, two
weeks, will my broker invoice me for individual
portions of my order as they are filled (bearing in
mind the settlement-in-3T day rule), or will I only be
invoiced when the order is completed? What about
brokerage fees? Grateful for some advice
Rob
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