Products
The CommSec Adviser Services Online Trading platform offers a wide range of trading products and services so you can offer your clients a complete service. Whatever your clients’ trading needs, we have a solution. Learn more about these and other features with the CommSec Adviser Services User Guide (PDF).
Options
Options are suitable for experienced investors looking for more sophisticated investment alternatives. They can offer a powerful and flexible tool that can be used to enhance a portfolio in a number of ways:
- Profit from a view, no matter whether the market is moving up, down or sideways
- Access the underlying stock for a fraction of the cost of a direct investment
- Earn extra income from a portfolio by writing Options and receiving a premium
- Protect (or ‘hedge’) existing investments by guaranteeing the sale price, regardless of market movements
Options strategies range from the simple to the complex and can be tailored to suit investment goals and appetite for risk. Like any derivative product, Options can involve risk, and all investors and advisers must have a clear understanding of this before trading.
To trade Options on behalf of your clients:
- Download and read the ASX Booklet Understanding Options Trading (PDF)
- Download, read, complete and sign the "Exchange Traded Options Product Disclosure Statement (PDS) and Application" located under the Forms tab above
- To take up Tier 2 Options trading you will need to complete the ”Trading Level Upgrade” form found within the “Exchange Traded Options Application PDS and Application” or located under the Forms tab above.
Warrants
Warrants are unique trading instruments that are issued by banks and other institutions and traded on the ASX. Warrants are 'non-standard' - in other words, each one is different and will offer different features. Depending on the features of the individual warrant, you can use them to:
- Gain leveraged exposure to an underlying share
- Diversify your portfolio
- Generate income through dividends and franking credits
- Protect your portfolio.
You need to read the Product Disclosure Statement provided by the issuer of a warrant to assess its features and whether it meets your trading and investment purposes, before you decide to invest.
To start trading Warrants on behalf of your clients:
- Ensure they have an active CommSec Adviser Services trading account.
- Download and read the ASX Booklet Understanding Trading & Investment Warrants (PDF)
- Complete and sign the "Warrant Agreement Form" located under the Forms tab above.
IPOs
IPOs through CommSec Adviser Services provide the opportunity to get priority access and provide a value add for clients. Access IPOs for your clients and subscribe to alerts, so you’ll know about new offers as soon as they're available.
Conditional orders
Conditional orders allow you to specifically implement trading strategies on behalf of your clients. Below is a brief description of the conditional orders we offer:
- Falling sell: Instruction to place a sell order on the market at a limit price when the security
price falls to or below a pre-determined price you have established as a trigger price.
- Falling buy: Instruction to place a buy order on the market at a limit price when the security
price falls to or below a pre-determined price you have established as a trigger price.
- Rising sell: Instruction to place a sell order on the market at a limit price when the security
price rises to or above a pre-determined price you have established as a trigger price.
- Rising buy: Instruction to place a buy order on the market at a limit price when security price rises
to or above a pre-determined price you have established as a trigger price.
- Trailing sell: Instruction to place a sell order at a Market price when the security price rises
to or above a level you have set as your trail start price; and then experiences a fall equal to or
greater than the trail stop value you have set.
- Trailing buy: Instruction to place a buy order at a Market price when the security price falls to or
below a level you have set as your trail start price; and then experiences a rise equal to or
greater than the trail stop value you have set.
Please read the Share Trading Terms & Conditions for important information and risks regarding conditional orders.
One Off Trade Service
Using our One Off Trade Service you can sell issuer sponsored shares on behalf of a client without the need to open an account. Your client must have an existing account with CommSec Adviser Services, CommSec or the Commonwealth Bank. To complete a One Off Trade on behalf of a client: