What are the Online Share Trading settlement terms?
Trades made on the New Zealand Stock Exchange (NZX) and Austrailian Stock Exchange (ASX) markets will settle two business days after the trade date (T+2). The settlement date is when sale proceeds will be paid to the seller and when the securities are registered into name of the buyer.
To ensure your trades settle on time, ensure that funds are available for any buy trade before settlement, and that all address details, FIN and registration details are correct for any sell trades.
For more information on the settlement period, view our guide to placing your first online order.
On the Portfolio page click the + symbol beside Portfolio Summary or go to the drop down list beside the ...
I'm in Online Share Trading, how do I update the Common Shareholder Number (CSN) associated with my account?To update your Common Shareholder Number (CSN), please call us on 0800 272 732 weekdays 7am-6pm. Find out more about ...
ASB Securities office hours are 7am to 6pm NZ time Monday to Friday. NZX trading hours are between 10am to ...
I'm share trading online and I'm trying to sell my NZ shares but I don't have a FIN number, what should I do?NZ share registries issue your FIN (Faster Identification Number) which is like a Password for your shareholdings. The two main ...