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.
ASB's online security policy is to take every practical step possible to keep your accounts secure. Like our other services, ...
No, but we recommend you do become one. It's free to join and it may make things easier for you as we can keep you informed about the latest share offers and market news.
CHESS is a computerised share sub-register system operated by the Australian Stock Exchange (ASX), used to manage share ownership and ...
That depends on whether or not you are an existing ASB customer and what type of account you would like; ...
If you wish to buy shares and you are not already a shareholder in that company, you’ll need to buy ...