Toluway:

They did the same to me last month. I reported it here. I went to cscs to discover it was not cscs that suspended my account. It looked as if the suspension would continue permanently because Meritrade officials did nothing about it. Cscs desk officer called them and asked them to sort things out with me if they had issues with me. The suspension was thereafter lifted.
HAVE YOU BEEN MAKING ORDERS WITH PRICE LIMITS?
I have decided to start limiting my transactions with them. I also discovered that my order is no longer going straight to nse portal.
When i made my last purchase, i has to write a strongly worded letter with calculations because my order was completely.
For example, i made a transaction of five hundred thousand naira added with their service charges, only to see about four hundred thousand naira worth!
I once bought 1.5m worth in 2019 and saw 1.35 till I'm talking to you now!
I fear the present crop of boys and girls in Meritrade.
When you place order with limits, you have to pray hard to get your orders implemented. But when you base your order on current price, they are happy, and you would quickly get your order filled at the worst price!
You're probably being punished for using price limits.

Oga with what you are saying I am now scared of moving my account from witchcraft to them though I have opened an account with them. I no want wahala not bothered on commissions.And no get strength to they cross check transaction and sending mails.Pls advice.Or I should use investment one as this will not be a trading account.It is more an investment portfolio

Good morning everyone. On suspension of my trading account

@ Zimams, last year i did that KYC with them.Where i was even required to input my bvn too.
@ Hamachi, I have written to them this morning, and waiting for their reply.
@ Toluway, I bought with market price, i was buying long term till Zenith bank disappears . Meritrade suspended my account sometime last year, then accused cscs..then told me it will be sorted out. After three days, they informed me that i can start trading again. No word on what caused it.

I'm trying to get a very little units of caverton just to be able to view it's weekly or daily price movements. This is bacause when i say the chart, it looks like a jijo stock to me. Master Lokodemy knows better. I bidded at the best offer of #1.8k because bids were much more than offer. So i wonder why my bid has not been successfully filled. The best bid at the time was #1.5k

So l was not the only one experiencing these, l shouted last week when l tried entering fcmb @ 3.03

This is a good result considering the Pandemic year

Mcy56:
WEMA BANK:
http://www.nse.com.ng/Financial_NewsDocs/32462_WEMA_BANK_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2020.pdf

Thank you, please is it meritade or arm ?

gamaliel9:
Good morning everyone. On suspension of my trading account

@ Zimams, last year i did that KYC with them.Where i was even required to input my bvn too.
@ Hamachi, I have written to them this morning, and waiting for their reply.
@ Toluway, I bought with market price, i was buying long term till Zenith bank disappears . Meritrade suspended my account sometime last year, then accused cscs..then told me it will be sorted out. After three days, they informed me that i can start trading again. No word on what caused it.

It seems that it is the only meristem that asks for KYC every year. Meristem used to be a good and professional stockbroking firm.Now they look for every opportunity to stop your account

debostar:
It seems that it is the only meristem that asks for KYC every year. Meristem used to be a good and professional stockbroking firm.Now they look for every opportunity to stop your account

When they asked for my KYC last year, they also stopped my account and lied to me that it was cscs that asked for my KYC update.
I think they're doing everything possible to put our accounts under threat. Maybe they're no longer happy to be our accounts' custodian.
I think we need to start getting in touch with the management. But whenever we send a mail of call, it is those young officers that attend to us. I wonder whether the management are aware of what they're doing. I had threatened them during my last account suspension impasse that i would come and fight their management staff.
In these business, there could be so much alligators and other predators!

Olele, olele
Ole jelapooloo lele!
Ole wua olewua, ole jelu bu lewua

moneymanager:
Olele, olele
Ole jelapooloo lele!
Ole wua olewua, ole jelu bu lewua

Investments in those three banks will secure your future mahn...

ACCESS is currently undervalued... It has no business trading below #20... Mr. Time will justify this post soonest

megawealth01:
Investments in those three banks will secure your future mahn

No doubt but that’s only when they reach the right bus-stop

akinssan:
So l was not the only one experiencing these, l shouted last week when l tried entering fcmb @ 3.03

I wrote them a mail minutes ago.
I earlier sent an order to buy a stock for me at a limit price of #1.50k and #1.80k. The best best offer was #1.80k while the best bid was #1.50k. I bidded for the best offer because the bid outweighed the offer.

So, they ignored my Price Limit and bought for me at #2.04k ! Can you imagine? Even as i am writing now, the price of the stock is #1.98k !

I wonder what is wrong with this boys these days.

Hamachi:
This is a good result considering the Pandemic year

60-60-60 million cross deals ongoing...

what does it mean?

seyisanya:
60-60-60 million cross deals ongoing...

Toluway:


I wrote them a mail minutes ago.
I earlier sent an order to buy a stock for me at a limit price of #1.50k and #1.80k. The best best offer was #1.80k while the best bid was #1.50k. I bidded for the best offer because the bid outweighed the offer.

So, they ignored my Price Limit and bought for me at #2.04k ! Can you imagine? Even as i am writing now, the price of the stock is #1.98k !

I wonder what is wrong with this boys these days.

I use meritrade and I place my limit orders myself. I can cancel my orders myself within a split second. No complains so far. Try to place the orders yourself

seyisanya:
60-60-60 million cross deals ongoing...

You dey feel the vibes... WEMA shocking people... That's how ACCESS will shock us... Something is definitely cooking so the rumors I worked with few weeks back on WEMA seems true

Not a recommendation... DD applies

YourhealthNG2:

I use meritrade and I place my limit orders myself. I can cancel my orders myself within a split second. No complains so far

Meristem is very good na... I use them na... Na their commission be premium

lasaco, thanks

NSE-All Share trading at 39799.89

Toluway:


I wrote them a mail minutes ago.
I earlier sent an order to buy a stock for me at a limit price of #1.50k and #1.80k. The best best offer was #1.80k while the best bid was #1.50k. I bidded for the best offer because the bid outweighed the offer.

So, they ignored my Price Limit and bought for me at #2.04k ! Can you imagine? Even as i am writing now, the price of the stock is #1.98k !

I wonder what is wrong with this boys these days.

I guess they will be able to explain what happened.

YourhealthNG2:

I use meritrade and I place my limit orders myself. I can cancel my orders myself within a split second. No complains so far. Try to place the orders yourself

orders made from my system fa.

debostar:
It seems that it is the only meristem that asks for KYC every year. Meristem used to be a good and professional stockbroking firm.Now they look for every opportunity to stop your account

It seems that they deliberately block high volume clients" accounts whenever there is a rally in the market...
They might sell your stocks at high price and later buy it back when there is a dip...behind your back.
Your account with them would show actual balance of stocks...but they are running things behind.
They would block your account under guise of frivolous excuses.

megawealth01:
Meristem is very good na... I use them na... Na their commission be premium

Bros that their commission no be ham. I also had an experience yesterday, my bids were not hitting NSE even though it's listed on meritrade platform. Had to contact them before it was fixed, imagine thinking one has bidded not knowing that noting happened

ojeysky:


Bros that their commission no be ham. I also had an experience yesterday, my bids were not hitting NSE even though it's listed on meritrade platform. Had to contact them before it was fixed, imagine thinking one has bidded not knowing that noting happened

I have had this kind of experience. How do you see your bids on the NSE platform?

OBAGADAFFI:
NSE-All Share trading at 39799.89

shey no be say d dam don broke be dat??

robobo:


shey no be say d dam don broke be dat??

It is written in the book of life

ojeysky:


Bros that their commission no be ham. I also had an experience yesterday, my bids were not hitting NSE even though it's listed on meritrade platform. Had to contact them before it was fixed, imagine thinking one has bidded not knowing that noting happened

So after all of una don sugar coat this stockbroker for several months the time for bashing don come abi?

http://www.nse.com.ng/Financial_NewsDocs/32489_ARDOVA_PLC%20OUTCOME_OF_FEBRUARY_25_2021_BOARD_MEETING_C.pdf ARDOVA to pay dividend

megawealth01:
Meristem is very good na... I use them na... Na their commission be premium

I no dey sure say Meristem commission reach GTI Securities Limited own. Those guys commission na die.

It might include commission and fees. Have you received a purchase contract?

Toluway:




I wrote them a mail minutes ago.
I earlier sent an order to buy a stock for me at a limit price of #1.50k and #1.80k. The best best offer was #1.80k while the best bid was #1.50k. I bidded for the best offer because the bid outweighed the offer.

So, they ignored my Price Limit and bought for me at #2.04k ! Can you imagine? Even as i am writing now, the price of the stock is #1.98k !

I wonder what is wrong with this boys these days.

Can anyone help clarify what should be in the column for the shareholder's account number? Should it be a bank account number or a stock broking account number?

A screenshot is attached.


Cc: emmasoft

Stock broking account

stevemims:
Can anyone help clarify what should be in the column for the shareholder's account number? Should it be a bank account number or a stock broking account number?

A screenshot is attached.


Cc: emmasoft