The ASX has ruled that ‘naked shorting’ is illegal, but in some cases you can borrow stock to sell. When you buy it back (hopefully lower!) you repay the lender with that stock.Sadly, you can’t do that on Marketech anyway!
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 summary ...
The short answers is Yes, sort of. The minimum age for owning shares in Australia is 18 years of age. Therefore you cannot open an account for anyone under that age. However, it is possible for an adult to hold the shares on behalf of the minor, and ...
Minimum trade value The minimum parcel of shares you can buy in the market is $500 on new holdings (excluding brokerage) as per market rules, as our clients use their own HINs rather than a pooled account. This is known as the minimum marketable ...
Marketech has included a practice account (paper trader) for you to use with the platform. This will give you an opportunity to familiarise yourself with the features of our platform and buy and sell shares before you set up your own account. We ...
The Closing Single Price Auction is when the Integrated Trading System (ITS) matches off all orders where only overlapping buy and sell orders are executed. After the market closes at 4pm AEST, it goes into the 'matching phase' before the CSPA occurs ...