Chi-X warrants now available on nabtrade
We are pleased to announce that nabtrade customers can now access nearly 600 additional warrants following our agreement with Chi-X Australia to facilitate Chi-X’s warrant trading.
If warrant trading is already enabled on your account, you can transact ASX and Chi-X warrants immediately. However, before trading Chi-X warrants, it's important that you review:
If you’d like to enable warrants trading, log in and go to Admin > click Permissions > Apply for warrants trading and complete the steps.
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Cash is usually the least volatile type of investment. Cash tends to be included in a portfolio to meet liquidity needs and for its defensive characteristics.
Cash investments include cash accounts, high-interest savings accounts and term deposits. In these accounts interest is calculated on the daily closing balance of the account and paid monthly (in the case of cash and high-interest savings accounts) and monthly, quarterly, semi-annually, annually or at the end of the term in the case of term deposits. The interest can also be reinvested in the account to compound returns.
However, cash investments generally aren’t suitable for long-term investment goals because the returns are likely to be low and may not meet your long-term financial goals, such as a comfortable retirement.
The Australian Government guarantees cash deposits of up to $250,000 in Authorised Deposit-taking Institutions (ADIs) such as banks, credit unions and building societies. This means up to $250,000 of your money is guaranteed if anything happens to your ADI.
NAB is an ADI and as such retail cash deposits up to $250,000 are guaranteed by the Australian Government.
Investors need to settle investment purchases and have the ability to hold cash in a safe, accessible, high interest account. nabtrade provides both, in one seamless integrate online solution.
Every nabtrade account comes with a fully integrated settlement cash account used to settle your domestic and international trades. It has unlimited online transactions, no ongoing account fees or minimum balance requirements.
You can fund this account through instant transfers from your linked NAB accounts or by using fund transfers/BPAY payments from other external bank accounts.
With nabtrade’s High Interest Account you’ll enjoy a competitive interest rate, no ongoing account fees or minimum balance requirements.
Adding a High Interest Account can be done with a few clicks, completely online. Simply log into your nabtrade account and go to Admin > Permissions, then click on the Apply link next to High Interest Account.
With a nabtrade High Interest Account you'll enjoy:
^ Rates are variable and apply to balances up to $1,000,000. On higher balances lower interest rates apply.
|$0 to $1,000,000||2.15% p.a.||1.25% p.a.||1.05% p.a.||1.05% p.a.|
|$1,000,000 +||1.50% p.a.||1.25% p.a.||1.05% p.a.||1.05% p.a.|
SOURCE: CANSTAR. Competitor rates and fees are updated on a daily basis. Products shown are considered comparable products by nabtrade, however product features may differ. This table does not include any discounts, fees and charges, or promotional interest rates (other than those stated). Products compared are: ANZ Online Saver, Commonwealth Bank NetBank Saver, nabtrade High Interest Account, Westpac eSaver.
The nabtrade Cash Products are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 (NAB) and are to be used in conjunction with the nabtrade service. WealthHub Securities is not an Authorised Deposit Taking Institution and its obligations do not represent deposits or other liabilities of NAB.
Important Information: The nabtrade Cash Products are issued by National Australia Bank Limited ABN 12 004 044 937 AFSL 230686 (NAB) and are to be used in conjunction with the nabtrade service. The nabtrade High Interest Account variable interest rate applies to the whole balance of your Account and is subject to change at any time. WealthHub Securities is not an Authorised Deposit Taking Institution and its obligations do not represent deposits or other liabilities of NAB.