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| From: | Phaedrus <Phaedrus@techemail.com> |
| Date: | Thu, 17 May 2001 15:18:19 -0700 (PDT) |
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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