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shailendra G

1 reviews | Active since Nov 2012

25 Sept 2024, 19:44

Standard Bank Share Trading - I lost 495% on my share because I used you !

This is a trade I put through on standard bank securities ( online share trading ) for the day :- 305 shares @ R27.11 ******************************* 1 share got bought I received an e-mail stating the following : - cost including all fees R161,35 ( this for share worth R27,11) Upon enquiry , I get an arrogant response to the effect of this is not in their control however they would do me a favour and waive the fees if I bought the rest of the shares in the next few days - but hold on , this generous show of "goodwill" will never be repeated again. Surely this is just nonsense ! Given how programs can we written / limits set etc . there are algorithms to decide when and how to carry out these trades so we don’t end up with non-sensible trades like this. A "mature" trading platform like standank bank should not be doing this its traders

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Replies (1)
Standard Bank
Standard Bank's reply25 Sept 2024, 22:24
Official
Dear Shailendra

Thank you for contacting us for assistance. 

We try very hard to make every customer’s experience enjoyable, and we really regret not being able to meet your expectations this time. 

We will do our best to resolve this issue as soon as possible and find a solution that works for you. 

Our team will contact you to assist you. 

Kindest regards
Standard Bank Hello Peter Team 
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