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billmac

917 Posts.

111

24/09/18

18:52

Post #: 35808329
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Originally posted by Ocker ↑

ANZ just wanted out of eTrade and sold off their client base (that's you and me) to the highest bidder.
They didn't (obviously) really give a rats toss whether the transition would go smoothly or not - they have already got their money for selling 500.000 plus clients to CMC.
I am only guessing, but I reckon it is only a matter of a short time before eTrade cut back on the client support and flick the lot over to CMC.
One wonders how much we eTrade clients were "worth" monetary wise in the sale process, and what % contingency CMC allowed for disgruntled eTrade clients to leave?

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Yeah and I rang CMC after the market closed today, they couldn't help me regarding the ANZ/CMC debarcle.
I have started a new tread (ONLINE STOCKBROKER REQUIRED) hoping I can get some ideas as to who to use in the future as clearly this mess exposed today is a shared event between ANZ and CMC.
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