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International Investing / Australia (All-Ordinaries)


Subject:  Brokerage Prices Down, Down, Down Date:  4/1/2000  8:13 PM
Author:  lance2210 Number:  1285 of 6186

It is of great interest that Comsec are now the cheapest at $14.95 but you have to open a cash management account. Westpac is $15 with no restrictions.

I predict the next barrier is the $10 mark. After this trading becomes unprofitable for the broker. I just hope somethought has been put into this with all these online brokers having additional capacity such as EMC or Network Appliance filers.

Remember E*Trade USA Outages, it didn't create any positive publicity. It will be interesting to see what other brokers will do.

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