Originally Posted by
kiwikeith
I think it is unfair. I did not want to buy $1,000 worth of shares, I wanted $10,000 worth. Sure, I could, as you suggest, cancel a partially filled order but that would be a risky strategy - place an order for $10,000, hoping to buy $1,000 worth and then cancel the remaining order to save a proportion of a $30 commission. I think Jarden should pro-rate the commission on partially filled orders.
The american brokers have so much lower commission on the NYSE - I don't know why NZ ones need a $30 fixed fee.