Cancelled orders

[Nyden]

Good morning,

Simple question; if an outstanding order is cancelled, (CommSec); is the brokerage fee charged? Or does that only occur when any portion of the order is filled? Ie, if none of the order was filled, & the order expires / is cancelled, is brokerage still charged?


Regards,
Nyden

 

[julles]

You are correct, brokerage is only charged if partial order is filled.

If you cancel the whole order (not part thereof) or it expires, brokerage is not charged.