Forum Archive Index - May 2000

[richard hermans <r.m.hermans@xtra.co.nz>]

Robert Nottage wrote:
> 
> 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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Robert in my experience on internet buying ,yes they bill you for each
portion filled but only charge the brokerage once in the 14 day (or what
ever their limit of time period is) until they have filled the buy order
or the 14 days run out , which ever occurs 1st. This was with Access on
line, not sure of others. Hope this is helpful. Margie

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