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[sharechat] Australian Trade Costs

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Tue, 21 May 2002 14:34:52 -0700 (PDT)

Lazza,
       The answer is to open an account with an Australian broker. 

 Your example of "Parcel of $10,000 = 0.7 plus 2.8% exchange fees - that's 3.5% 
gain to break even."   becomes

Brokerage A$25 each way = 0.5% gain to break even. Or, if 6+ trades/month
Brokerage A$20 each way = 0.4% gain to break even.

 Quite a difference, yes?

                           Phaedrus.

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