What happens after I've placed my first trade?

Congratulations on placing your first trade with CommSec! To ensure the settlement of the trade goes smoothly, please take note of below:

Order Confirmation

Upon execution of your trade, a confirmation will be sent to you either by email or post, based on your order confirmation preferences. The order confirmation will provide information about the trade which will include the stock that was purchased, number of units, amount due and settlement date.

Multiple trades

If you execute multiple buy and sell orders within a couple days, the orders may be subject to our offsetting policy where only the difference between the trades will need to be settled.

Search for "trades offset" or look at our related support links on this page.

Settlement

It is important to ensure that you link a bank account to your trading account which can be debited and credited for transactions. For more information on how to pay for your shares, please click here.

Search for "settlement" or look at our related support links on this page.

Viewing your shares

To view and keep track of your share portfolio simply navigate to Portfolio or click here.

For further assistance, please call CommSec on 13 15 19 or +61 2 8397 1206 if calling from overseas (Monday to Friday, 8am to 6pm, Sydney time).

 

© Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

The information on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.

CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions.

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