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twouptom

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10/06/21

12:04

Post #: 53765631
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Originally posted by ronstieb: ↑

I can now tell you that their advertised brokerage rates are for trades that settle with a contract for each trade.
So up to $5000 trade, the brokerage is $5

If you choose end of day settlement, then trades in the same stock on the same day are aggregated into the one contract. This works ok for trades that total over $10k on that day.
However, lets say someone takes a nibble at your order, and the trade in that stock only totals $10 for the day, you will get charged $15 brokerage if your preference is set to end of day settlement

Seeing as the rates for " end of day settlement" are different to the advertised rates, I asked for the schedule of these rates several times, but they wouldnt disclose them.

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Ron
"wouldn't disclose them''
Covering for their close friends
running BOTS all over the ASX
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