Yes some do and have always done. Used to have arguments with my dealer about it because I'd always get my limit order sell price even when there are similar size of deals transacted at higher prices.
One way to get round this is to make sure your limit sell price is higher than previous days close.

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@Kanobi

I feel you.. I have been experiancing the same....'. place a best price order,when buying,I coincidentally get the highest price and when selling the lowest price...'.

But what to do? the best thing is to make sure the price will never fall below your purchase cost when selling ..we are at their mercy... OR state your own price (This way u ur order might stand the way it is till expiry) this way they can 'cook' nothing. the worst thing is to buy at best price ..they'll ALWAYS screw you with the Highest price.

Let me understand this: do you get a statement from your broker showing the CDSC transaction reference number and the price?

If you don't,then insist on it. In the old days,before CDSC,we used to get printed NSE transaction slips showing how your order was executed.

If your broker sells your shares at 10bob in a day where deals fluctuated from 9 to 10,but then pays you 9bob,then s/he is a thief!! Should be reported (in writing) to CMA,NSE and CDSC.

A way of monitoring is to sign up for the CDSC SMS service. Your will get updates of transactions and prices at the close of the business day....directly from CDSC and your broker will not know that you have been updated!

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

@SUSU;

then there is no benefit in having the nominee account!!

Change your broker..who is your broker anyway?

Mine is NIC,and I find them trustworthy

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

Yes it works.

in fact my last order was executed on Tuesday and I got the update at 4:02pm.....showing the company,number of shares,price and the brokerage firm.

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)

@Mukiha,

Very insightful info there,i have the broker nailed now. Thanks

@Ecstacy. True. You've to have cash in ur acc with ur broker. I've an online acc with D&B(CAN BE ANY OTHER OFFERING THE SERVICE). As long as there is cash in my acc,I can order shares and SPECIFY the price. Execution has to be at specified price or lower. Incase it's a SALE order the execution can't be done at a lower price than u've specified. I think so long as u've cash(in case of purchase) or shares(incase of sale) the online system is linked to ATS and chances of manipulation r less. There is also the option of BEST PRICE. How does one place orders on a PROMPT BOARD?

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.

@Mukiha

Someone asked how you register to this CDSC SMS thing. Please give us the info.

Some deals are like glass. Sometimes it's better to leave them broken than try to hurt yourself putting it back together.

@ Wendz.....Get and fill the application form from CDSC offices at NATION CENTRE 10th floor......The sms are charged at 10/= per message

NEVER HONOUR A PROMISE THAT PUTS YOU AT A DISADVANTAGE!!!

@Wendz,

Murenju has given the syntax for the sms,but you have physically sign an application form to use the service....otherwise,anyone will be able to sign using your CDSC number!

Visit CDCS at Nation Centre.

Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow)