RE-ENABLING ACCESS TO ASX AS OF JAN 26 2017
We are please to announce that the ASX data feed has been resestablished as of January 26, 2017. For more information see the notice here.
EFFECTIVE: DEC 31 2015
Please be advised that we are no longer going to be supporting price quotes for the Australian Stock Exchange due to substantial increases in pricing associated with offering trading on this exchange.
A. The prices will not be visible
Having the prices removed will mean that none of the Australian Stock Exchange traded products will have a visible price; this applies not only in the trading views but also in the account holding views:
Trading Module:
Open positions in Account Summary:
B. The margin calculation will still work
Although the prices are completely gone from the trading platform(s) Global Trading still has the internal use of them for the margin calculation. The upper part of the Account Summary will therefore still show correct unrealized P/L and Margin Utilization, however it will not be possible to match these values with anything in the open positions view:
C. Clients will still be able to close positions
Given that internally we can still see the prices, it is the overall general recommendation that the end clients contact us via the online banking portal to close any open positions.
However, technically it is possible for the end-client to close the position on the trading platform(s) via a limit order, if the end client is aware of the current market price:
Please contact your private banker if you have any further quesitons about these changes.