Can somebody explain to me how their brokerage works with OpenMarkets?
I'm wondering approximately how many trades they put through and how big this expense is.
Like do they own a certain number of ETFs on behalf of all clients combined and re-balance daily or something? Like 10 large buys/sells a day? Or would it be more like thousands of brokerage charges a day?
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $70.05M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 67.5¢ | 66.5¢ | $19.04K | 28.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8719 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 7037 | 1 |
View Market Depth
| Last trade - 15.52pm 08/08/2025 (20 minute delay) ? |
| RZI (ASX) Chart |