Forum Archive Index - May 2001

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

I don't understand. ASB charges $24.95 flat rate under $30000 for NZ trades. 
(But perhaps I'm not a serious trader, to be trading parcels under that???  one 
day, when I get braver......  )  But thank you for that valuable info about 
Sanfords.

gerry

Phaedrus wrote:

> Malcolm,
>          A resident Australian trading Australian shares via a New Zealand 
>broker!!!  Access is the cheapest NZ broker, with a flat rate of $29.50 per 
>trade, but they charge 0.2% brokerage on Australian shares. In Australia, I 
>deal with Sanfords (Perth) and pay 0.1% brokerage. Sanfords have live data 
>(including market depth and market detail, which shows your position in the 
>queue). This is free if you are happy to keep hitting the refresh button, but 
>is available "streaming" (dynamic) for $75.90/month if you want. This would 
>probably meet the needs of DR as per his recent inquiry.
>  "Sam and Jerry"  ASB charges 0.3% for NZ shares and 1%(!) for Australian 
>shares. Not an option for serious trading.
>               Phaedrus.
>
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