Approved ASX listed securities
Your adviser may instruct us to buy and sell approved ASX listed securities online via Macquarie Equities Limited (MEL). We will use the available cash in your CMA to settle any purchases of approved ASX listed securities. We will withdraw cash to pay for the purchase on the same day, or within one day of being notified by your broker of the trade. You may be charged a failed trade fee if you do not have sufficient available cash in your CMA to perform a trade and you are not contra trading (refer to Contra trading).
All online orders placed to buy or sell approved ASX listed securities ‘at market' may only be partially filled at the prevailing market price at the time the order is placed. MEL will use its best endeavours to complete partially filled orders. If you would like your order to be fully executed ‘at market' in accordance with available price/volumes, your adviser will be responsible for amending your initial ‘at market' order. In the event that the whole, or part, of your order is filled prior to its amendment or cancellation, you will be liable to settle the whole or partially filled order.
Offline trading is available through a nominated broker from our authorised broker list, which is available from your adviser. If you wish to choose an authorised broker, the broker must be nominated on the application form or subsequent notification to us. If you wish to change or nominate a new broker, you should contact your adviser.
