Who are Openmarkets and Macquarie?
As outlined below, there are number of parties involved in the transmission, execution and settlement of your orders.
Marketech engages Openmarkets Australia Limited to facilitate the trading and settlement of transactions from your account. This means that Openmarkets acts as your agent in relation to the execution of your orders. Marketech act as intermediary by communicating your orders, via the Focus platform, to Openmarkets.
- An Australian Financial Services Licensee (AFSL 246705);
- A Market Participant of ASX, Chi-X and NSX; and
- An ASX Clear and Settlement Participant.
Marketech utilises Macquarie Bank Limited to provide linked banking services to our clients. As at November 2021 Macquarie had a market capitalisation of $77.68 billion, eclipsing that of ANZ Bank's $76.87 billion, which places Macquarie among the big four banks in Australia. The banking relationship is directly between you and Macquarie, however Openmarkets are assigned third-party authority in order to be able to settle directly to, and from, your Macquarie bank account.
How do I place a trade?
Placing trades with Marketech is easy! Watch a quick walk-through with sound here on how to place trades. How to make a trade 1. Select the correct account. Click on the icon in the top left-hand side of the screen to bring up the portfolio ...
What is a share registry? A share registry is an organisation that acts as an intermediary between a company and its shareholders. When a company lists on the stock exchange, they appoint a share registry to oversee the administration of its ...
What are the benefits of opening a Macquarie CMA?
Lower costs require the lowering of risks. Opening a Macquarie CMA may take a little longer, but we pride ourselves in ensuring it is for your safety. Some of the benefits of having a linked Macquarie CMA just for Marketech settlements: We are ...
Can I trade ETFs?
Exchange traded funds (ETFs) are a low-cost way to earn a return similar to an index or a commodity. They can also help to diversify your investments. You can buy and sell units in ETFs through Focus, the same way you buy and sell shares. How ETFs ...
What is the minimum trade value I can buy?
Minimum trade value The minimum marketable parcel you can place on our platform is $500 on new holdings (excluding brokerage) as per ASX and NSX rules as our users use their own HINs rather than a pooled account. If you already own shares say $1000 ...