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Phantom that is correct but it makes the brokerage 5100% Not...

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gmac55

983 Posts.

16/08/18

16:20

Post #: 34980923
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Originally posted by PhantomGWW ↑

Hi gmac55 and all RGSers.

My understanding (when I was operating in a Brokers Office) :-

- If a client placed an order (Bid/Ask -- or Buy/ Sell )and only 1 share traded full brokerage was payable on that trade BUT if the client left the order on until filled then no other brokerage was payable on the rest of the trades.

Looks like HFTraders..

Keep safe all

The Phantom GWW

Expand

Originally posted by PhantomGWW ↑

Hi gmac55 and all RGSers.

My understanding (when I was operating in a Brokers Office) :-

- If a client placed an order (Bid/Ask -- or Buy/ Sell )and only 1 share traded full brokerage was payable on that trade BUT if the client left the order on until filled then no other brokerage was payable on the rest of the trades.

Looks like HFTraders..

Keep safe all

The Phantom GWW

Expand

Phantom that is correct but it makes the brokerage 5100% Not happy about that. Trouble is Comsec orders drop out after 30 days so brokerage would be payable on 1 share. Not sure what happens if I changed price on my order to say 18. Is it a new order.

1 share also traded later in the day so beware all.

RGS Price at posting: 18.5¢ Sentiment: None Disclosure: Held
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