All you need is a CMC Markets Stockbroking Account - open a live account.
Existing customers can trade immediately (assuming you have sufficient funds).
Yes, SSX uses the same CHESS (Clearing House Electronic Subregister System) as the ASX - meaning any trades executed on the APX will settle in exactly the same way as trades placed on the ASX.
No, we will only offer phone orders initially. However, once the exchange becomes more established (with further listings and liquidity) we will introduce online trading.
A useful source of information is the upcoming floats section of SSX website.
SSX prices in AUD to 2 decimal places of a cent ($$.cccc. For example a price displayed as 12 is $12.0000)
The SSX website is a good source of information: SSX Prices
However, once the exchange becomes more established with further listings and liquidity we will add SSX prices to our trading platform.
Yes, all CHESS holdings will appear on the platform under the ‘Stock Holdings’ drop down.
The SSX Website is a good source of information:
Click here for our brokerage rates
Normal trading hours are between 10:15am and 16:15pm Monday to Friday. Australia Eastern Standard Time or Australian Eastern Summer time (as appropriate)
Trading Hours Trading Sessions
0830 to 1015 (+ / - 15 seconds) Pre-auction
1015 to (+ / - 15 seconds) Auction
1015 (+ / - 15 seconds) to 1615 (+ / - 15 seconds) Normal Trading
1615 (+ / - 15 seconds) to 1700 Post-trade
1700 to 0830 (the following business day) Closed
SSX works on a T+2 settlement cycle - for example a buy on Monday will settle on a Wednesday.
View the full list of SSX stocks.
Yes, the ‘Limit Order’ offers 3 expiry options:
An order to buy or sell a security in full or part at a specified or better price until expiry as set out below: