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Old 14-07-2011, 09:43 PM   #148
Sinkie
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Join Date: Jan 2009
Posts: 79,068
dont be surprise if the business model turns out to be a successful one. i have been following standard chartered for so long. and i know many of others including me have benefited from their aggressive promotions. they can spend like nobody business but their profits are still turning out well.

i hope the other brokers can follow suit in implementing the no-minimum commission charges for upfront accounts.
other brokers cannot follow suit because they are in a circle or union with weekly meeting that does not allow them undercut each another.

scb is not in that union so thats why they can chu this pattern..
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