asx limits 3 concurrent orders per account

  1. 92 Posts.
    Hi,

    My broker told me today that ASX limits traders to 3 orders per account.

    So as i understand it, if I had 10 securities in my portfolio and wished to sell them all on the same day, I can only do 3 at a time.

    Can anyone confirm this? This will make things difficult for me at times as i am not always at my computer during trading hours.

    Bassmann
 
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