I'm in Online Sharetrading, but my sell order was not accepted. Why was this?
Last Updated: 06 Oct 2014
Some of the reasons your order is not accepted might be:
- Your specified price is too far away from the current market price.
- The security has been suspended/halted or delisted.
- Your Common Shareholder Number (CSN) or standard holder number is invalid.
- Your FIN is invalid.
- The stock is registered as being owned by another person(s).
- You have insufficient units available for settlement in either your holding with the relevant share registry for New Zealand Stock Exchange (NZX) listed securities.
Or, specifically for Australian securities on the Australian Stock Exchange (ASX):
- You have insufficient units available in your CHESS holdings sponsored by ASB Securities/Commonwealth Securities for ASX securities.
- The stock is sponsored in CHESS by a broker other than ASB Securities/Commonwealth Securities.
- The stock is issuer sponsored. If this is the case, you must contact us to place the order by telephone we may ask you to supply a copy of the issuer sponsored holding statement.
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I'm in Online Sharetrading, 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.
If you have an existing Common Shareholder Number (CSN) and apply for a sharetrading account without recording your number on ...
I'm sharetrading 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 ...