Forum Archive Index - May 2001

[Sam and Jerry <g.tylersmith@ext.canterbury.ac.nz>]

Dear Mr Preston

I have just filled in  an internet buy order,  under  30000 Austrailan dollars , and the estimate showed a charge of  Austrailan $39.95 brokerage.

Could you please clarify what brokerage I would be paying for an order placed in New Zealand, to buy securities on the Australian Stock Exchange?

Thank you.

Geraldine Tyler-Smith

 

Tim Preston wrote:

> ASB Securities has slashed its brokerage rate for online clients. New rates
> are:
>
> Australia: Under $A30,000, a flat rate of $A24.95. Over $A30,000, 0.3%.
> New Zealand: Under $NZ30,000, a flat rate of $NZ24.95. Over $NZ30,000, 0.3%.
>
> With our new stop loss and target functionality, 24 hour cash management
> account, foreign currency accounts and real time foreign exchange
> facilities, margin lending and all our other numerous services, we believe
> this is now one of the most comprehensive and competitive offerings in the
> market.
>
> We would appreciate any feed back from existing or potential clients about
> how we can further improve our services so we stay One Step Ahead of our
> competitors.
>
> Tim Preston
> Managing Director
> ASB Securities Ltd
> email: tim.preston@asbbank.co.nz
> Visit the great indoors http://www.asbsecurities.co.nz
>
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