Questions & Answers - Australian Shares


+ Does my SMSF have to use a specific Broker to trade CHESS Sponsored Australian Shares?

Clients of ESUPERFUND are permitted to use any Broker to invest in Australian Shares and Other Australian Listed Securities for their SMSF. To simplify the Australian Share Trading Account Application Process, documentation to establish an EBROKING Account is included with the documentation forwarded to you when you submit your online application to establish an SMSF.

+ How is the Broker Account established for my SMSF?

Documentation to establish the EBROKING Account will be included with the documentation forwarded to you when you submit your online application to establish an SMSF. The documentation is completed for you making the account opening process easy.

+ When can my SMSF begin to Trade?

On average it takes approximately 4 weeks to establish an SMSF. When your SMSF has been established a "Final Setup Package" will be sent to you with all the SMSF Setup details including your SMSF's Share Trading Account Details allowing you to trade Australian Shares. At that time you will be ready to start trading for your SMSF.

+ Is my SMSF obligated to Trade Shares?

No. It is important to understand that the Investment decisions for your SMSF always remain with you as the SMSF Trustee giving you control of your SMSF. You are under no obligation to trade Shares if you elect not to do so. The EBROKING Trading Platform is established for you to be used only if you want to trade CHESS Sponsored Australian Shares. It is completely permissible never to trade for your SMSF if you do not want to and this in no way affects your annual fee.

+ Can my SMSF Trade Shares?

Yes. Your SMSF can trade shares to the extent that it is in accordance with the SMSF Investment Strategy and is properly minuted. See here for details on the Investment Process. In fact most large retail Super Funds do exactly this and is part of a prudent investment strategy. This means that if you determine it is appropriate for your SMSF to trade 10 times or 1,000 times per year this is a decision you as the SMSF Trustee must make. However always remember the objectives of your Investment Strategy when making any Investments including risk and return, diversification and liquidity.

+ What are the Brokerage Fees?

Brokerage fees to trade Australian Shares with EBROKING can be found here.

+ Are there any fees to receive Live Data when I login to EBROKING?

No. Live Pricing Data is free of charge with the EBROKING trading platform.

+ What Education and Research is available with EBROKING?

EBROKING provides clients with valuable Equities and Research Information, at no additional cost.

+ Are there fees to execute Conditional Orders?

Conditional Orders are instructions based around a set of criteria or market conditions (referred to as a "trigger") that must be met before your trade is actually submitted to the market for execution. When the trigger criteria specified is satisfied, the Broker will submit your order to the market. Whilst there is no guarantee that the trade will be executed the aim of Conditional Orders is to protect your profits or ensure you do not miss trading opportunities when you are busy. By setting Conditional Orders including stop losses you can BUY and SELL ahead of time. Conditional Order fees are free of charge with EBROKING.

+ How do I settle BUY and SELL Shares with EBROKING?

To place a BUY Trade under the EBROKING Trading Platform you need to click "Trade" and then "Buy" when you are logged in to your EBROKING Trading Account. When you BUY CHESS Sponsored ASX Listed Securities, the Trade will be settled from the EBROKING Settlement Account. Importantly when you place a trade, the funds are accessed automatically from the EBROKING Settlement Account to settle trades. Trades are settled under the T+2 settlement system. That is, trades are settled 2 days after placing your trade.

To place a SELL Trade under the EBROKING Trading Platform you need to click "Trade" and then "Sell" when you are logged in to your EBROKING Trading Account. When you SELL CHESS Sponsored ASX Listed Securities, the settlement proceeds will be automatically deposited into your EBROKING Settlement Account. Trades are settled under the T+2 settlement system. That is, trades are settled 2 days after placing your trade.

Trading confirmations will be forwarded via email. Confirmations can also be viewed and downloaded by clicking "Shares" and then "Confirmations" when you are logged in to your EBROKING Trading Account. Similarly you view your Trading History by clicking "Shares" and then "Order History" when you are logged in to your EBROKING Trading Account.

+ How does trading with EBROKING work?

All Shares purchased through EBROKING are CHESS Sponsored and owned in the name of your SMSF under its unique HIN. Your SMSF is the direct owner of all Shares purchased.

+ Who do I contact if I have a query about my EBROKING Account?

If you have any queries about your SMSF EBROKING Account please contact EBROKING on 1300 799 880. This is a dedicated number for ESUPERFUND clients. Please do not contact ESUPERFUND directly in relation to queries about your EBROKING Account as unfortunately we will be unable to assist you with your queries.

+ How do I login to EBROKING?

To login to the EBROKING Trading Platform click here.

A video to help you navigate the EBROKING Trading Platform can be found here. You may also click here to download a Quick Guide.

+ Can my SMSF use Other Brokers to invest in Australian Shares?

It is not compulsory to use the EBROKING Account once the account is established and you are permitted to use another Australian Share Trading Account for your SMSF if preferred. However, if you establish another Australian Share Trading Account, data will not be accessible by ESUPERFUND and you will need to source and provide this data to ESUPERFUND annually. In addition, ESUPERFUND provides a Client Login Portal to clients with real time data of all your SMSF Investments. Where you elect to use another Australian Share Trading Account, we will be unable to receive daily data on these accounts, and in turn will not be able to report details of these accounts in real-time.

+ What is the ASX SR15 upgrade?

The ASX Service Release 15 (SR15) is a market-wide upgrade to the Australian Securities Exchange (ASX) trading platform. It's designed to make market operations more efficient, secure, and aligned with global best practices. While most changes happen behind the scenes, this upgrade helps provide a smoother and more reliable trading experience for all market participants.

+ How does SR15 affect me as a client?

For most clients, there’s no action required. Your trading experience will remain largely unchanged. The updates mainly affect market open processes and back-end infrastructure that help ensure smoother trading and market operations.

+ What’s changing with the market open with SR15 upgrade?

Previously, the ASX opened stocks in five staggered groups between 10:00 AM and 10:09:15 AM, meaning some stocks started trading earlier than others. With SR15, all stocks will now open in a single auction window between 9:59:00 AM and 9:59:15 AM, with continuous trading starting for all stocks between 9:59:45AM and 10:00:00AM after a 30-45 second Opening Single Price Auction period where new orders will not be processed by the market.

+ What changes are being made to the Closing Single Price Auction with SR15 upgrade?

The Closing Single Price Auction (CSPA) will be updated as part of the ASX SR15 upgrade, with the auction now taking place at a random time between 4:10:00PM and 4:10:30PM, which is 30 seconds shorter than the current random period. Additionally, if a company releases a price sensitive announcement between 4:00:00PM and 4:10:30PM, the stock will have its own Closing Single Price Auction 11 minutes after the announcement with the latest possible auction taking place at 4:21:30PM. Please refer to Company Announcements for the stock on the platform which will list the exact time of the auction.

+ What is the Post Close Trading Session with SR15 upgrade?

The Post Close Trading Session is a new trading session that enables trading to take place at the closing auction price between 4:10:30PM and 4:21:30PM. All open orders resting on the ASX at the closing auction price will be eligible to participate in this trading session and as such it is now possible for your order may now fill up to 4:21:30PM, 11 minutes later than is the case currently. The EBROKING platform will not place new orders in market for this session state, and will queue the order to be placed in market at 7:00:00AM the next trading day.

+ Who can I contact for more information about SR15 upgrade?

You can find more information about the upgrade on the ASX website. If you have any further questions about how the changes may affect you, please contact EBROKING support team.

No financial product advice or recommendation

No Advice Express or Implied: It is important to understand that ESUPERFUND has not taken into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied.  ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies in relation to the EBROKING Share Trading Account. ESUPERFUND does not advise or recommend that this product is suitable to a particular investor’s financial requirements or needs in relation to their SMSF. Any information provided in relation to the EBROKING Share Trading Account is factual information only about the operation of the account and how data is made available to ESUPERFUND. Accordingly you should read the disclosures relating to the EBROKING Share Trading Account before making any decision about whether the EBROKING Share Trading Account is suitable for your SMSF needs. We also recommend that you should seek professional advice from a financial adviser before making any decision to use the EBROKING Share Trading Account for your SMSF. Importantly we note that there may be other Australian Share Trading Accounts that may be more suitable for your SMSF, other than the EBROKING Share Trading Account and you are permitted to use any of these accounts if desired.


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