When you place an eligible ‘market to limit’ order, we guarantee to place it onto the ASX in under 1 second. If not, you pay zero brokerage on that trade.
The orders eligible are:
- New ‘market to limit’ orders (i.e. orders to buy or sell at the current market price at the time the order is placed)
- Order in relation to CHESS-sponsored equities, interest rate securities, warrants or exchange traded options
- Orders which meet our ASX obligations
- Orders placed via our website, WebIress or the Smartphone App
- Orders received during ASX market trading hours
‘Limit’ orders are excluded.