When will I receive the proceeds from the sale of my shares?

Proceeds from the sale of a stock or listed security are settled and transferred directly into your linked Macquarie CMA on T+2 (trade date plus two trading days).  However, sale proceeds are immediately included in the calculation of funds available to trade.

Exceptions to this is when there is a 'deferred settlement' on a stock, which occurs from time to time and is determined by ASX CHESS. 

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• When will I receive my shares?

  Settlement of shares purchased occurs automatically two business days after a trade takes place. This time frame is commonly referred to as T+2.

• What's the difference between issuer and broker sponsored shares?

  Issuer sponsored shares are issued directly from the company and are maintained by a share registry.  They are identified by a Securityholder Reference Number (SRN) that typically starts with an “I” e.g. I0007627234. Broker sponsored shares are ...

• Are shares purchased through Marketech CHESS sponsored?

  Yes, all shares bought through Marketech are CHESS sponsored in your account name.

• Will I get charged brokerage for amending orders?

  You will not get charged brokerage if you amend orders as long as the trade is not partially or fully filled.

• I didn’t receive my verification email

  Be sure to check your junk or promotions folder and that we are on your safe-sender list. If you still haven't received an email from us, please contact us at support@marketech.com.au where we will be able to assist.