We are a local business offering a nationwide internet and phone based service for share and bond trading in local and international share markets.

While it's a DIY service, if you need any help in getting started we're always a simple phone call away.

If you would like to learn how to use our website or understand some technical terms, we've put together a variety of Owner's Manual Tutorials and a Glossary of Terms.

Direct Broking offers you...

Online and phone access to share trading and fixed interest trading
NZX (New Zealand) listed securities transactions
ASX (Australia) listed securities transactions
Selected NYSE, NASDAQ and AMEX (United States) listed securities transactions
Selected LSE (United Kingdom) listed securities transactions
Custody for US and UK trading
Broker sponsored CHESS account for ASX Trading
Market information
New issues
Foreign currency transactions
Call Accounts (in NZ$ and AU$)

What is custody?

Our custody service makes investing in US and UK shares easy. Shares are held in the name of the custodian while you retain beneficial ownership of the shares. This means we look after the majority of the paper work and communicate any changes or corporate actions for your share holding as they arise. You do not receive a share certificate, annual reports or voting rights to the shares. However, you have control over trading these shares and you will receive all sales proceeds, dividends and disbursements you would normally be entitled to. Read more about custody here.

What is CHESS?

CHESS (Clearing House Electronic Subregister System) is the Australian computer system which transfers ASX securities between sellers and buyers and simultaneously makes payment. The CHESS system is free, the allocation of shares into your name is immediate and all shares are registered under one HIN (Holder Identification Number) instead of under multiple SRNs (Security holder Reference Numbers). Direct Broking is an active participant in the Australian market. We strongly encourage clients buying or trading Australian shares to open an E*Trade CHESS account. Find out more.

Questions

If you have any questions in regards to these services please feel free to call 0800 805 777 or email info@directbroking.co.nz

Get an introduction to trading here or view our FAQs here


	© Direct Broking Limited 2005. Help \| Site map \| Terms and Conditions \| Security \| Disclaimer A copy of Direct Broking Limited's disclosure statement prepared pursuant to the Securities Markets Act can be obtained free of charge here