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 able to display your daily cash balance via our trading platform;
- Seeing your cash balance on the trading platform can prevent you from buying stock with money you don't have;
- Displaying your cash balance on screen is a convenient way to monitor your intraday Available Cash. As you trade throughout the day, this will be updated based on your buys and sells. If you sell stock, it will increase and vice versa;
- It reduces the risk of a trade not settling on time. Your linked Macquarie CMA allows for real time settlement (T+2) meaning debits and credits are processed immediately on settlement date; and
- You can easily track your share trading transactions.
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How do I transfer funds into my Macquarie CMA?
An email from Macquarie will contain your new BSB and Account Number. With these details you will be able to transfer funds into your Macquarie CMA using internet, mobile or telephone banking. Once your account has been finalised, Macquarie will ...
How long does it take to transfer money into my Macquarie CMA
Cleared funds must be available in your Macquarie account the day before you expect to use the funds. The receipt of funds into your Macquarie CMA is dependent upon your payment method. EFT (electronic funds transfer) - transfers from a Macquarie ...
Are there any fees associated with the Macquarie CMA?
There are no account keeping or transaction fees incurred by the client on the Macquarie CMA.
Can I pay my Marketech Focus subscription with my Macquarie CMA?
1. Yes. Got to the My Details section via the icon in the top right corner. Scroll down to the Billing Account section, and click Add next to Payment method. 2. Click the drop-down arrow next to Credit card (as highlighted below) and select Direct ...
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 ...