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Flat fee is very attractive, such as how E*Trade attracted...

  1. 8horse
    34,512 Posts.
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    22/10/17
    09:38
    Post #: 28093032
    Flat fee is very attractive, such as how E*Trade attracted clients from Comsec, them CMC lower fees to attract clients from both.

    The offer isn't underwritten.
    Revenues for last three years:
    - 2015: $24k
    - 2016: $121k
    - 2017: $137k

    Currently trades volumes 1500 clients x 2 x 12 months = 36,000 per year.
    If volume increases significantly, would their system is being tested?
    SWF Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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