Member Info for BradSmith

Alan, they expect banks to take 2 days to pay them so T2 default means they'll register your purchase on that day and they'll have the cash.
If you sell on a T2 then they credit that money for trading (not withdrawal) immediately , because in 2 days time they should have received payment.

Nearly made a mess up - I was entering a dummy T20 purchase to see if it would allo it with no funds!
Realised half way through I am funded for the OO so the cash was there.

From memory, I think the higher the settlement days , the poorer the bid/ask price you will receive.

Never done it but I guess if you have an ex-dividend date in 8 days time , you could sell the stock on a T10 to get the with including dividend sp and the dividend as well?
Buying would be the opposite , you could get the pre-dividend price today but settle after divi date and before ex-dividend date.

I am going to have my first shower since Feb 22nd because I have had to keep my leg dry since it was butchered.
It seems sensible that you could pay later on buys but I don't know. Definitely not on T2 though for the reason above.

Alan when you do an online transaction there is a Settlement option - Jarvis supplies a selection of 2,3,5,10, or 20
The default used to be 3 days with all brokers now it is 2 for some reason. Probably to get the money front!

Chesh ....... "mine went through c.@17.62 on Fri :) high five please :)"

It was high noon, Chesh, and yours is really a low six (18:02) ....

Funny how we are trying to maximise the benefit of 1/22 of our shares and are peed off that 21/22 are making us a mint :O) (Polos because of the hole in the middle).
And I do realise 17.62p was a price not a time!

Holy cow! Since my last post I decided to add my Tandem card to my Paypal account.
Paypal, as you know say check your statement in 3 or 4 days time for their activation code and to get a refund!
Tandem sent me a message (you have to use their app on your mobile) within a minute with the code and it up and ready already.
I'll let you know when iy buzzes me with news of a refund! My bet is after the OO closes!

When I started trading with TDW you did not even need the money in your account to trade!
Settlement date was 3 days rather than 2 which gave you a day's grace I suppose but it was lovely to be trusted.

I am in dumping mode , my Santander credit card has been good, providing cash back, up to £3 pm on each of 3 classes of transaction 1% (food stores) , 2% (dept stores) , 3% (fuel) .
When I was working I was spending £100 a month and more on fuel so always got more than £3pm.
Now I am not working I am not spending much on fuel at all so last month,despite paying them £1500+ in one month (scooter, insurance on the Berlingo etc), I found out what cash back means!
They gave me just over £2 and then then did the cash back ..... their £3 pm fee!

I used my Tandem card yesterday for the first time, 0.5% back on every transaction over £1 (so all of them) and no fees at all if you stay in credit.
On the way home from Morrisons I got a confirmation text on my mobile that the card had been used and how much and when (31 minutes ago). Might get irritating after a while but I was amazed how quickly they were informed unless Mastercard check with them for every transaction? Suppose so , you might have reported your card as stolen?

So Santander is getting the heave ho for their credit card.

Everyone knows you either love or hate it!
I like it on toast :O)

Tom, I was at what is now Plymouth Uni back in 1967 , had digs in North Rd West from where I could walk across Home Park to see Argyle! I had a motorbike but Plymouth must be second to Manchester as the wettest place in England.
We can probably have a private joke about going through Pennycomequick :O)

Alan they won't allow a trading credit total above £90 so you will have lost £22.50 each quarter if you did not trade and use some of it. The £20 fee on ASX deals helped me decide in favour of that of course!

Selling ASX shares involves another conundrum - settle in GBP , or, settle as AUD and FX it to GBP myself?
Should be the same but I bet it is not. The FX rate is so volatile within a short time that it is hard to know.
I'll be glad to see the back of them.

Healthwise it was touch and go. I dialled 999 within the hour of the leg going dead and was in theatre that night until 3:15am. All three arteries were blocked but they cleared one artery enough to restore a pulse in the foot. At 9am the same surgeon was at my bedside telling me they had lost that pulse and I was going to theatre again (the matinee performance?) . They would try an angioplasty which would determine whether the leg came off above the knee or there was still a chance of saving it.
Fortunately I got the pulse back but the lower leg and foot is tingly or numb (at the same time) with just one artery working. If it happens again in the same leg then I will need my mobility scooter and automatic mobility vehicle permanently. To think that I was going to pop into the Triumph dealer on my way home and get my bike back on the road if traffic was not so bad. We never know do we?
.

Just back from Morrisons in Verwood - where I went on Feb 22nd to buy beer and set off an aneurism which almost lost me a leg after a tortuous drive home which was stop start all the way! Was worried history would repeat itself but used country lanes and they were, as expected, quiet.
So many supermarkets have offers but have nothing on the shelf - the Verwood store might not have everything on the shelf but there has been enough to make the trip worthwhile (except on the 22nd).

TDW used to charge the same for foreign deals as domestic ones so using my dividend was not an issue.
There was a minimum balance to meet on the 1st May or 30th April to avoid charges - annoying if £100k has dropped below the £5100 threshold? Punishment on top of punishment - good old HMV and Avanti!

Tlou (Tou) being on ASX for pennies was a great way to spend my dividend whereas reinvesting in CBA would on get a handful at £40 a share.

I wonder whether II will refund my dealing pot if I close the account.
The new prices start from June 1st so the web site is misleading - next quarter is presumably 1st June so new customers may not receive the dealing costs on the site.

I have 4 stocks on II to sell ..... 2 markets for Tlou , Avanti, average paid 40p worth 2.25p, and CBA of course.
Realising AVN at that price will be hard to do ..... only my ASX Tlou shares are higher than average price though the biggy, CBA, is only a dollar downon 76$. Decision decisions!

I have £75 in trading credits so £40 for the two ASX stocks and £20 for the FTSE stocks.
Enough .... I am taking the obvious move and closing II - my trading pattern does not suit them.

https://www.ii.co.uk/ii-accounts/trading-account

Bloody hell - they have not updated this! You could be right on developers and project managers more like.
I wanted to check they do not charge to close an account - now that is very considerate of them - but have not found confirmation yet!
When I do will that be the old policy too :O)

I am glad you asked Alan - £90 a year to invest one dividend is diabolical, and £120 is worse - and that is only if you deal to get £7.99 per month refund! I think I'll sell my Aussie shares and close my account as well.

My Aussie shares are with two 'brokers' (they make us broke?) and the other one converts my dividend to GBP for me and pays it into my bank. Will have to buy again through them if I can work out how to do it? I cannot even remember who they are - their shares were 'free' from Colonial Mutual Life insurance almost 50 years ago and moved to Barclays and then someone else over the years. The dividend is over £300 per year nett so that insurance policy was well worth the premiums (probably pennies per month - the missus used to get £6 per week housekeeping and we paid less than £5k for a new 3 bed house). Shares ended up in the Commonwealth Bank of Australia who shares are ober $70 each most of the time.

I have all 3 Alan - I'd like to dump Interactive Investor too - hate them.
BUT they allow dealings on ASX (Australia) and I am invested out there whilst Jarvis only allow the domestic market.

I get dividends paid into I.I. account and then I have to decide whether to by TOU on ASX using Aud$ , or do FX to GBP and buy on the FTSE/AIM.
They charge £20 for ASX deals and £10 for the FTSE just to complicate and profiteer!
I use Jarvis whenever possible, and apart from their handling of this OO have always been pleased with them.
They show my share entitlements online but I cannot action anything.
They want a snail mail or an email "by 15th" (is that the 14th) stipulating the requirement and account numbers whilst I'd hoped it could be done online (like TDW used to before becoming II). I do miss TDW!

Sorry, i meant to mention ISA for Rosewall.
Unlike some brokers, Jarvis do not have thresholds (minimum balance) that you must attain to avoid charges.
There is no maintenance charge but from memory it does cost (maybe £50) to close or transfer your ISA elsewhere.

I agree with Paul C as I have two accounts with X-O (Jarvis) and have been pleased with their service.
BUT , after sending a message (7th May) that they must have written confirmation by the 15th the online status of the OO entries on both account references (in Transaction History) merely respond with "We are currently updating the event details and they will be available online shortly. "

I have emailed with my precise order/request and asked if that is enough - no reply yet because I sent it only a few minutes ago. I have been laid back but "shortly" has lasted most of the week and we are getting ever closer to the "by 15th" date which might mean the 14th?

I think their memo contradicts the allocation of excess shares - the consensus seemingly that brokers decide - with this statement ....
"Holders may also make an excess application, for any number of shares, in addition to their basic entitlement, subject to scaling back by the Company. "

It depends who the COMPANY is .... I think they mean Sirius but it is conceivably Jarvis (X-O).

"nobody asked him to deliver certain elements ahead of schedule at all cost" - KOH

I assume you meant at any cost.

There are plenty of shareholders , alive and deceased , who hoped to see this go live before they join you at the golden gate! Of course they want completion sooner rather than later, but they have not asked Chris explicitly because they cannot believe he'd want anything else.

I don't suppose he wants to be a developer for the rest of his life and will want to enjoy his knighthood as a youngish man once he has fulfilled his promises to the local communities and the rest.

Will make a change from "Heads You Win - Tails I Lose" - another of their songs.

Can we all write to St. Michael and ask him to let KOH in so we can see the back of him?

just a boat trip then :O)

I'll pop a bottle of Ringwood into Poole Harbour and it will arrive in Whitley Bay in time for the opening of the mine, or maybe sooner.

You have picked the wrong time to question the buy/sells, meddler!
Most of the current ones looks sensible to me.
Ignore the numbers on this page - and look at the buy and sell prices on the history.
They choose the closer number to determine whether it is a buy or sell, and sometimes says it cannot decide.
I am using beta so unsure if the undecided is on the original site.

I suspect you have bought or sold and had it reported the wrong way - it has happened to me too in the past.
It is annoying but with the price dropping they are not all buys for sure.

I support Realist's figures entirely.
He has ignored the fractions of a share as a sensible approximation.
He has neglected to say that on top of £151 that there is either extra shares making extra profit or money to buy shares at the prevailing rate which is the $64k question as to what that will be worth?