What’s next for the AUSIEX business

Last year we announced the news that Nomura Research Institute (NRI) had entered into an agreement with Commonwealth Bank Australia (CommBank) to acquire Australian Investment Exchange Limited (AUSIEX), including its broking operations, licence and assets. We’d like to update you on our progress as we prepare to become a standalone business.

A new cash account provider

Before we go into details around the business transition, we're delighted to announce we will be working with Macquarie – a leading provider of adviser-focused cash management solutions – to provide an integrated settlement cash account for you and your clients. You can find out more in our recent announcement.

Launch update and message from our future CEO

A lot of work has been going on behind the scenes and we’re excited to reveal we will launch our new business on Monday 3 May, 2021. To take you through the new opportunities ahead as an independent Fintech business, here’s current head of CommSec Adviser Services and future CEO of AUSIEX, Eric Blewitt.

A familiar name with a strong vision

Some of you will already be familiar with the name AUSIEX. It’s the name that has been behind our wholesale trading offering since 1996, and in that time has built a reputation as a reliable, trustworthy wholesale broker, servicing tens of thousands of advisers, and providing equities execution for some of Australia’s largest financial institutions and platforms.

Our future owner, Nomura Research Institute (NRI), is committed to investing in the long term success of the business. With NRI’s backing, proven technology capability and expertise in global capital markets alongside our 25+ years’ experience in local markets, we’re well positioned to deliver outstanding service and solutions and market leading technology for you and your clients.

We’re really excited about this new chapter in our business and look forward to sharing more information about our new brand and vision soon.

Until then, here’s a sneak peek of our newly refreshed brand identity.

What you can expect in the coming months

As you may recall from the acquisition announcement last year, cash and lending products will remain with Commonwealth Bank Australia due to banking licence requirements. Once we separate from the Bank, support for these products will remain with Commonwealth Securities Limited (CommSec), under the CommSec Adviser Services brand you’re already familiar with.

Although we’ll officially separate from CommBank on the 1 May, you can expect to see some changes to how you get in touch with us and how we communicate with you in the weeks leading up to our launch.

For your trading products

From mid-April we will start to take on our new AUSIEX identity and separate our trading service and support team. The good news is our phone number – 1800 252 351 – will remain unchanged and you’ll mostly deal with the same experienced and passionate team.

For your cash and lending products

From mid-April the team remaining with CommSec will support you with your ACA and margin lending needs, under the CommSec Adviser Services brand. Again, you will deal with many of same people as today, however phone numbers will change. Further information, including new contact details, will be communicated well in advance of any changes happening. Until such time, you can continue to contact our Adviser Services team on 1800 252 351.

More information

We appreciate you may have a number of questions regarding the changes, including how this will affect you and your clients and we’re committed to keeping you informed. We’ll continue to provide updates on this website, through email and via our dedicated support microsite over the coming weeks.