Financial Markets Module

Financial Markets Module

The FastNet Business financial markets module was developed to help ASB customers who want fast, efficient foreign exchange access at their fingertips.

Its features include:


Online dealing

  • Online dealing provides real-time, consistent pricing and a record of all your deals online.
  • Registered clients can use the financial markets module to execute live trades in a variety of foreign currencies.
  • Arrange same day, value tomorrow and spot foreign exchange deals.
  • Arrange forward exchange contracts up to one year.
  • View foreign currency account balances and statement information.


Online orders

  • Ordering online provides consistent pricing and a record of your outstanding orders. Orders can be created, edited and deleted using the financial markets module during ASB trading hours.
  • Allows you to place orders for a variety of major currencies with contracts booked the moment they reach the pre-set order parameters. This includes the ability to create Stop/Loss and 'One cancels other' orders.
  • Orders struck during ASB trading hours will receive notification using the TXT and email alert service; orders struck overnight receive notification the next business day. Notification of your order being struck is via the contact device (email or NZ mobile) that you nominate.


Alerts

  • The Alerts function alerts you to the latest foreign exchange movements. It watches rates when you can't.
  • Simply nominate the foreign exchange rates that you are monitoring and you will be alerted the moment they reach your pre-set parameters.
  • Alerts are monitored during ASB trading hours.
  • To use this service you will need to be a registered for the financial markets module, plus you’ll need an email address or New Zealand mobile phone.
  • Simply nominate the foreign exchange rates that you are monitoring and you will be alerted by either a TXT or email the moment they reach your pre-set parameters.


Rates watch

  • The rates watch function within the financial markets module can monitor currencies of specific interest to you and your business.
    You can add and delete currencies to be monitored.
Terms and conditions: FastNet Business Terms and Conditions and fees apply. To use FastNet Business Financial Markes and FastNet Business International you must first enter into ASB's Financial Markets and International Master Agreement.