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Medibank Broker Firm Allocations, page-6

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dimaz11

751 Posts.

24/10/14

16:15

Post #: 14178336
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Originally posted by nih123 ↑

its going to be some pretty big scaleback

if 6 bn bid, its only 1.5bn the allocation. depending on your broker, if you bid in a very large network like comsec or morgans, you will get scaled a lot more than smaller networks like wilsons etc. this is because they have to divide it up through more participants. thats what i heard anyway. i personally bid in bells and wilsons which are small networks. JLM i dont see much advantage in bidding, they will get pretty heavy scaling too.

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Smaller networks generally get smaller allocation by the way..
From what I heard, the JLMs will take as much as they can, then give the rest to other brokers..
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