Forum Archive Index - May 2001

[Robert Inukihaangana <robert.inu@asbbank.co.nz>]

This will be updated in a couple of days.

-----Original Message-----
From: secondstep70 [mailto:secondstep70@hotmail.com]
Sent: Monday, May 14, 2001 3:14 PM
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] ASB SECURITIES REDUCES AUSTRALIAN & NEW ZEALAND
BROKERAGERATES F OR ONLINE CLIENTS


I performed an ASX trade today. Although the webpage says 39.95, the
confirmation is 24.95.


----- Original Message -----
From: Sam and Jerry <g.tylersmith@ext.canterbury.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, May 15, 2001 10:48 AM
Subject: Re: [sharechat] ASB SECURITIES REDUCES AUSTRALIAN & NEW ZEALAND
BROKERAGERATES F OR ONLINE CLIENTS


> 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 Austrailan Stock Exchange?
>
> Thank you.
>
>
> 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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