Forum Archive Index - June 2000

["Ben Dutton" <bendutton@sharechat.co.nz>]

Hi Derek,

As I understand your question, you want to sell your shares before they are
settled.

NetBroker, ShareChat's discount online trading service, allows you to do
this - you can sell your shares whenever you want (even minutes later after
buying).

NetBroker also provides a credit facility (at a slightly higher commission
cost) in case you do not have the funds in your Cash Management Account.

Hope this helps.

Benjamin Dutton


----- Original Message -----
From: Derek Watt <watt250@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, June 14, 2000 8:38 PM
Subject: [sharechat] Do any brokers in NZ support day-trading?


> The 3 part secrets of a day trader was well worth a read, thanks Roy and
> Andrew.
>
> An important part of his strategy was to be able to buy and sell within
> hours if not quicker. The best I can get from Access Brokerage (much as I
> like their low fees) is about 3 days. There have been many times when I
have
> wished to sell at a profit before this time, while after 3 days the
> opportunity was gone. Does anyone know if there are any brokers in NZ that
> allow a faster turn around?
>
> If not are there any brokers in Australia that do?
>
> Thanks,
> Derek.
>
>
>
>
>
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