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Author Topic: FYI Absa Buying Foreign stocks and EFT's  (Read 7427 times)

JDP

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FYI Absa Buying Foreign stocks and EFT's
« on: October 12, 2015, 10:25:11 pm »
Sent a mail to [email protected] in connection wether they would give there clients the ability on their platform to invest in foreign shares and EFT, that trade
on other exchanges than the JSE.

Quote
I would like to find out if ABSA is considering offering to its clients  on its absastockbrokers.co.za, the ability to buy foreign/overseas shares and EFT,
that get traded on other exchanges, than the JSE?

there reply,

Quote
Thank you for contacting Absa Stockbrokers.

Please note that we are introducing offshore trading towards the end of the year.
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Mr_Dividend

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Re: FYI Absa Buying Foreign stocks and EFT's
« Reply #1 on: October 13, 2015, 06:19:47 am »
Personally, I wouldn't hold my breath. A while ago (end of last year) I called them when they changed their fee structure and tried to say "nothing had changed" ja, right - anyway, at the time they said there would be lot's of changes come February - better research, CFD's ect - moving towards  becoming a "proper" stockbroker.

So far they have managed to change the font. 

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jaDEB

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Re: FYI Absa Buying Foreign stocks and EFT's
« Reply #2 on: October 13, 2015, 07:08:42 am »
Quote from: Mr_Dividend on October 13, 2015, 06:19:47 am
So far they have managed to change the font.

 :LHST: Good one ..
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jaDEB

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Patrick

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Re: FYI Absa Buying Foreign stocks and EFT's
« Reply #3 on: October 13, 2015, 08:25:58 am »
Quote from: Mr_Dividend on October 13, 2015, 06:19:47 am
Personally, I wouldn't hold my breath. A while ago (end of last year) I called them when they changed their fee structure and tried to say "nothing had changed" ja, right - anyway, at the time they said there would be lot's of changes come February - better research, CFD's ect - moving towards  becoming a "proper" stockbroker.

So far they have managed to change the font.
After they changed their fee structure I submitted my request to move my funds to easy equities. They were quickly on the line to negotiate with me. I ended up paying no annual fee and 0.2% commission so I'll stick around for now. Easy equities has also had rumours of offering international shares, so if they can manage I may just start putting new money there.
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Mr_Dividend

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Re: FYI Absa Buying Foreign stocks and EFT's
« Reply #4 on: October 13, 2015, 11:08:12 am »
Did look at switching at around the same time - but have 27 holdings in that and decided it would cost me too much to move.

I think I should tell people I am a share collector and stop saying I invest in shares. I cannot help it, they just so pretty...  :LHST:
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Fawkes85

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Re: FYI Absa Buying Foreign stocks and EFT's
« Reply #5 on: October 13, 2015, 11:46:17 am »
Quote from: Mr_Dividend on October 13, 2015, 11:08:12 am
Did look at switching at around the same time - but have 27 holdings in that and decided it would cost me too much to move.

I think I should tell people I am a share collector and stop saying I invest in shares. I cannot help it, they just so pretty...  :LHST:

That is a lot Mr_Dividend  :-X You have gone from buying companies to buying the whole market. Don't make us hold an intervention!
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