Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Sharechat Launches Netbroker




ShareChat ( ), New Zealand's number one sharemarket chat and information website, today announced the launch of NetBroker, a discount online share trading service.

"NetBroker provides online trading at very competitive prices" says Benjamin Dutton, Managing Director of ShareChat Limited. "Considering our position as New Zealand's top sharemarket chat and information site, it was a natural progression for us to offer a discount trading service to our community."

NetBroker brokerage rates will make share trading cheaper for New Zealanders. Trades under the value of $10,000 have a flat rate of $29, with 0.1% on the amount in excess of $10,000. For only a small extra cost, NetBroker also allows trading on three business-days credit for those clients who want the extra flexibility of being able to trade without having funds on deposit.

"Some other Internet sharebrokers do not allow their clients to trade on credit", Mr Dutton said. "At NetBroker, we know that for serious traders, having a credit facility is a must, and this is why we are offering this service."

Trades will be processed by Direct Broking, a NZSE member.

Online trading has proved very popular overseas, and New Zealand is set to follow the trend. "More New Zealanders are realising that trading online is a cheap and powerful way to control their investments" says Mr Dutton. "NetBroker is the perfect trading service for these people."

NetBroker can be found at

About ShareChat

ShareChat is New Zealand's first discussion group and financial portal for sharemarket investors ( ). Launched ten months ago, ShareChat's community has shown strong growth, providing substantial information and vibrant discussion on the New Zealand and overseas sharemarkets.

ShareChat has three areas where investors and traders can chat - an Email forum, online message boards, and a live irc room.

ShareChat also provides sharemarket articles, links to the major financial news stories, NZSE quotes, and other services for sharemarket investors.

For more information please contact:

Benjamin Dutton Managing Director ShareChat Limited Phone: 64 (0) 3 374 5682 Fax: 64 (0) 3 365 3867 Mobile: 64 (0) 21 639 573 Post: PO Box 976 Christchurch 8001 New Zealand


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>