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They must hold an Australian Financial Services Licence that is overseen by the Australian Securities and Investments Commission. [9] They are subject to fiduciary obligations. As of 2019, Australia's biggest online stockbroker was Commonwealth Securities, other large brokers were ANZ Share Investing, nabtrade and Westpac Online Investing. [10]
This is a list of major stock exchanges.Those futures exchanges that also offer trading in securities besides trading in futures contracts may be listed both here and in the list of futures exchanges.
1976: The Australian Options Market was established, trading call options. 1980: The separate Melbourne and Sydney stock exchange indices were replaced by Australian Stock Exchange indices. 1984: Brokers' commission rates were deregulated. Commissions have gradually fallen ever since, with rates today as low as 0.12% or 0.05% from discount ...
Commission: $0 per stock or ETF trade; $0 per options contract. Interactive Brokers. With its stripped-down trading interface, Interactive Brokers only looks like a no-frills broker. But this ...
Major online brokers don’t charge for stock and ETF trades, and many offer thousands of no-transaction-fee mutual funds, too. But options still routinely cost about $0.65 per contract, though ...
In this article we are going to list the 10 biggest online brokers in 2021. Click to skip ahead and jump to the 5 biggest online brokers in 2021. It has never been more important to save money and ...
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