Terms of Use

2. General advice warning

• Any advice contained in a nabtrade research report has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in a nabtrade research report, WealthHub Securities recommends that you consider whether the advice is appropriate for your circumstances. WealthHub Securities recommends that you obtain and consider the relevant Product Disclosure Statement or other disclosure document available at nabtrade.com.au, before making any decision about a product including whether to acquire, dispose or to continue to hold it.
• WealthHub Securities Limited ABN 83 089 718 249 AFSL No. 230704 (“WealthHub Securities") is the issuer of the nabtrade Exchange Traded Options Product Disclosure Statement ("PDS"). You should obtain and consider this PDS, which is available at nabtrade.com.au, before making any decision about this product including whether to acquire or to continue to hold it.
• NAB is not a registered tax agent and the tax information contained on this website should not be relied upon to determine your personal tax obligations.

3. nabtrade Cash Products

• 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.

4. Research disclosures

• Under the nabtrade service there is a portfolio of research reports available. For more information see nabtrade’s Research Policy available at nabtrade.com.au. Where nabtrade has made a recommendation contained in a nabtrade research report or on this site, it is provided by WealthHub Securities Limited ABN 83 089 718 249 AFSL No. 230704 (WealthHub Securities) based on methodology supplied by Trading Central Asia Ltd (Trading Central). Trading Central does not provide any recommendations made in a nabtrade research report or on this site. 
• Research reports are issued by WealthHub Securities unless otherwise specified.
• So far as laws and regulatory requirements permit, WealthHub Securities, its related companies (including NAB), associated entities and any officer, employee, agent, adviser or contractor thereof (the "NAB Group") does not warrant or represent that the methodology, information, recommendations, opinions or conclusions contained on this site ("Information") are accurate, reliable, complete or current. The Information is indicative and prepared for information purposes only and does not purport to contain all matters relevant to any particular investment or financial instrument. The Information is not intended to be relied upon and in all cases anyone proposing to use the Information should independently verify and check its accuracy, completeness, reliability and suitability obtain appropriate professional advice. The Information is not intended to create any legal or fiduciary relationship and nothing contained on this site will be considered an invitation to engage in business, a recommendation, guidance, invitation, inducement, proposal, advice or solicitation to provide investment, financial or banking services or an invitation to engage in business or invest, buy, sell or deal in any securities or other financial instruments.
• The Information is subject to change without notice, but the NAB Group shall not be under any duty to update or correct it. All statements as to future matters are not guaranteed to be accurate and any statements as to past performance do not represent future performance.
• WealthHub Securities and the NAB Group takes various positions and/or roles in relation to financial products and services, and (subject to WealthHub Securities and NAB policies) may hold a position or act as a price-maker in the financial instruments of any company or issuer discussed within this site, or act and receive fees as an underwriter, placement agent, adviser, broker or lender to such company or issuer. WealthHub Securities and the NAB Group may transact, for its own account or for the account of any client(s), the securities of or other financial instruments relating to any company or issuer described in the Information, including in a manner that is inconsistent with or contrary to the Information.
• Subject to any terms implied by law and which cannot be excluded, the NAB Group shall not be liable for any errors, omissions, defects or misrepresentations in the Information (including by reasons of negligence, negligent misstatement or otherwise) or for any loss or damage (whether direct or indirect) suffered by persons who use or rely on the Information. If any law prohibits the exclusion of such liability, the NAB Group limits its liability to the re-supply of the Information, provided that such limitation is permitted by law and is fair and reasonable.
• This site is intended for clients of nabtrade only and may not be reproduced or distributed without the consent of WealthHub Securities or NAB. The Information is governed by, and is to be construed in accordance with, the laws in force in the State of Victoria, Australia.
• Methodology Disclaimer: The information provided represents the output of the methodologies adopted and does not necessarily reflect the views of the NAB Group.
• WealthHub Securities receives commission from dealing in securities, and from its related parties and referrers. WealthHub Securities and its related parties may hold shares in the companies about which it distributes research/information. The compensation of analysts who prepared a nabtrade research report is determined exclusively by third party service providers (“Service Providers”). The research staff responsible for this report receive remuneration from their employers only. Neither WealthHub Securities nor the NAB Group has any influence on the payment of remuneration to the research staff employed by the Service Providers. No inducement or assistance has been or will be received by WealthHub Securities or the NAB Group from the subject of this site or its associates to undertake the research or make the recommendations.
• Where you access delayed or end of day information you understand that you are not permitted to use, store, reproduce, display, modify, transmit or distribute the information without prior permission. You also understand that the relevant exchange, index or other information provider reserves all intellectual property rights in the information to the extent that those intellectual property rights exist under the law from time to time.
• Unless stated otherwise, where there are graphs, charts, scanners and/or general tools available at nabtrade.com.au, the images represented are of sample data only and do not reflect real data. These site images are for illustrative purposes only and you should not rely on the information contained for making investment decisions.

5. Third Party Suppliers

The information provided by third party data suppliers has not been verified by WealthHub Securities. WealthHub Securities does not make any representation or warranty as to the timeliness, reliability, accuracy or completeness of the material, nor does it accept any responsibility arising in any way for errors in, or omissions from that material.

The following disclaimers include but are not limited to the third party data suppliers whose data is disseminated via nabtrade.com.au

• Thomson Reuters: 
  © Thomson Reuters 2013. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for any actions taken in reliance on such content. ‘Thomson Reuters’ and the Thomson Reuters logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Thomson Reuters Services please visit the Thomson Reuters public web site http://www.thomsonreuters.com/.
• Morningstar: 
  © 2013 Morningstar, Inc. All rights reserved. Neither Morningstar, nor its affiliates nor their content providers guarantee the above data or content to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant product disclosure statement, before making any decision. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.pdf

• ASX:
  It is prohibited to use, store, reproduce, display, modify, transmit or distribute ASX information without prior permission from ASX.
  
  Members of the ASX Group, their suppliers or their respective licensors reserve all intellectual property rights in the ASX information to the extent that those intellectual property rights exist under the law from time to time.
  
  Members of the ASX Group, their suppliers or their respective licensors accept no responsibility for any claim, loss or damage arising from the display of ASX information at nabtrade.com.au or any use of the ASX information displayed at nabtrade.com.au
• HKEx: 

HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract of otherwise) for any loss or damage arising from any inaccuracies or omissions.

6. Important Information about the Global Scanner

• The Global Scanner is limited to filtering by investment options such as shares, exchange traded funds (ETFs) and managed funds. It does not produce a financial plan or provide you with a portfolio of investments. When you use the Global Scanner you are making your own decisions about what investments are suitable for you. It does not provide you with personal advice about any particular financial product or class of financial product. The value of investments and future returns may rise or fall and, at times, returns may be negative. Past performance is not a guarantee of future performance.
• The Global Scanner does not provide personal advice and is not intended to be relied upon when making a decision in relation to a particular financial product or strategy. It has been prepared without taking into account the objectives, financial circumstances or needs of any particular person. Before acting on the information or general advice you should consider the appropriateness of the information or general advice with regard to your particular objectives, financial circumstances and needs. Where the information or general advice relates to an offer to arrange for the issue of a financial product, you should obtain and consider the Product Disclosure Statement relating to the product before making any decision.
• You should read a copy of the relevant terms and conditions and the nabtrade Financial Services Guide (FSG) available at nabtrade.com.au or by phoning 13 13 80.

7. Important information about the derivatives calculator

• The derivatives calculator allows you to evaluate and compare an option or warrant series listed on ASX to see how they may perform as volatility and other variables change. It provides the user with a diagram which shows the potential profit and loss zones for the selected option or warrant series (based on a mathematical interpretation of what can occur in the marketplace). Actual outcomes may vary from the scenarios simulated. Use of the calculator is subject to the following conditions.
• The calculator does not constitute financial product, investment, legal tax or other advice and is provided for general information purposes only. You should seek your own independent, professional advice and should not rely upon the calculator to make financial decisions.
• A number of variables are set by the ASX or determined by market forces. These variables are subject to change without notice and are not guaranteed. Any calculations are estimates only, and are provided for illustrative purposes. The result of calculations is not guaranteed to be an exact reflection of the marketplace.
• WealthHub Securities Limited ABN 83 089 718 249 AFSL No. 230704 (WealthHub Securities) does not provide any guarantee as to the accuracy of the figures provided or the return on the options or warrants selected. Past performance is no guide to future performance.
• The application of the calculator is not limited to any particular option or warrant available on the ASX. Options and warrants have different features such as expiry dates, underlying securities, exercise styles, and structures. Options and warrants involve substantial risk and are not appropriate for all investors. You should understand the risk and benefits of each before investing.

8. Exchange Traded Funds (ETFs)

• WealthHub Securities does not guarantee the performance of any ETF and makes no specific recommendation on ETFs included in any prospectus, PDS or offer document on this site. This site details only limited features of ETFs. You should consider the product disclosure statement (PDS) or any other disclosure documents, available from the product issuer, before making any decision about the ETF.
• ETFs may expose you to a number of risks including, but not limited to, performance risk and possible foreign currency exchange rate risk. You should seek your own independent, professional advice and carefully consider the risk sections of the PDS.

9. NAB Equity Lending– Important information

• The NAB Equity Lending loans referred to at nabtrade.com.au, are provided by National Australia Bank Limited (“NAB”) (ABN 12 004 044 397). Any party identified on these pages or any of their respective bodies corporate do not guarantee or otherwise support NAB’s obligations. NAB has made every effort to ensure that the information presented in this site is free from errors or omissions.
• NAB and the other parties identified on these pages do not warrant the accuracy, adequacy or completeness of the information and take no responsibility for any action taken because of reliance on information on these pages except if that inaccuracy, inadequacy or incompleteness of information was caused by fraud or gross negligence of NAB or the other parties identified on these pages. Interest rates and prices[fees] are subject to change.
• The ASX security prices are market prices delayed by at least 20 minutes and managed fund prices are the last price provided by the issuer on the previous business day. Where information is supplied by third parties, the data has not been verified and NAB does not make any representation or warranty as to the timeliness, reliability, accuracy or completeness of the material, nor does it accept any responsibility arising in any way for errors in, or omissions from, that material. There may also be discrepancies between the data provided on nabtrade.com.au and that data provided at nab.com.au. The prices may not represent the price at which you can buy or sell the investment. Holding and investment data may only be current as at the time you logged on. Even though you may have requested a transaction to be undertaken on your behalf (for example, a cash advance), that transaction may not display until it has been processed and/or you have refreshed your screen.
• The information on these pages has been prepared without taking into account your investment objectives, financial situation or needs. You should consider the appropriateness of the information on this site, having regard to your objectives, financial situations and needs by seeking professional advice including taxation and legal advice.
• This website is not a substitute for reading the NAB Equity Lending Product Disclosure Statement, the Facility Terms or the Cash Management Account (CMA) Product Disclosure Statement (PDS) (“Offer Documents”). National Australia Bank Limited (NAB) ABN 12 004 044 937.AFSL 230686 is the issuer of the Facility and the CMA and recommends you should obtain and consider the PDS's  before making any decision about  these products. The NAB Equity Lending offer documents are available via the following website at nab.com.au/equitylending or by calling NAB Equity Lending on 1300 135 145. 

10. General

• Wealthhub Securities does not warrant or represent that the information in this site is free from errors or omissions or is suitable for your intended use. Subject to any terms implied by law and which cannot be excluded, WealthHub Securities accepts no responsibility for any loss, damage, cost or expense (whether direct or indirect) incurred by you as a result of any error, omission or misrepresentation in any information in this site.
• You acknowledge that some information may be prepared by NAB. By submitting your application to open an account, you agree that NAB’s Financial Services Guide is available to you at nab.com.au
• Words implying natural persons include partnerships, incorporated bodies, associations and public authorities.
• All fees and charges are inclusive of GST, unless otherwise stated.
• All icons made by Gregor Cresnar from www.flaticon.com 

11. Copyright

• WealthHub Securities is trading as nabtrade.
• nabtrade is a registered trademark of NAB. Copyright in the information contained in this site subsists under the Copyright Act 1968 (Cth) and, through international treaties, the laws of many other countries. It is owned by NAB unless otherwise stated. All rights reserved. You may download a single copy of this document and, where necessary for its use as a reference, make a single hard copy. Except as permitted under the Copyright Act 1968 (Cth) or other applicable laws, no part of this publication may be otherwise reproduced, adapted, performed in public or transmitted in any form by any process (graphic, electronic or mechanical, including photocopying, recording, taping or by storage in an information retrieval system) without the specific written consent of NAB.
• © National Australia Bank Limited. All rights reserved.

12. Virtual Portfolio

• Virtual Portfolio is for illustrative purposes only. When you use this tool you understand that the figures are fictional and do not take into account such factors as market movements and taxation implications. It does not provide you with personal advice about any particular financial product or class of financial product. You understand that the value of investments and future returns may rise or fall and, at times, returns may be negative. Past performance is not a guarantee of future performance.
• This tool is not intended to be relied upon when making a decision in relation to a particular financial product or strategy. It has been prepared without taking into account the objectives, financial circumstances or needs of any particular person. Before acting on the information or general advice you should consider the appropriateness of the information or general advice with regard to your particular objectives, financial circumstances and needs.

13. Mobile Application

• The nabtrade mobile application has been designed to be an on-the-go trading tool only and has limited features available for use on the application. For example you will not be able to access your nabtrade Cash Products or Eligible NAB Accounts, manage permissions or edit your nabtrade account details. It is also important to note that the application may not present accurate margin loan funded Trading Account portfolio information.
• Any securities or prices used in the nabtrade mobile application examples are for illustrative purposes only and should not be considered as a recommendation to buy, sell or hold. Past performance is not indicative of future performance.
• nabtrade accepts no responsibility for any connectivity delays, errors or disruptions caused by your phone service provider that may affect the performance of the nabtrade mobile application. nabtrade accepts no responsibility for any fees that your phone service provider charges, such as fees for SMS, data services, and any other fees that your phone service provider may charge.
• nabtrade on your mobile application is governed by Australian law, the nabtrade Client Agreement and general advice warning. For full terms and conditions visit forms.

14. Downloadable software

• The nabtrade mobile application has been designed to be an on-the-go trading tool only and has limited features available for use on the application. For example you will not be able to access your nabtrade Cash Products or Eligible NAB Accounts, manage permissions or edit your nabtrade account details. It is also important to note that the application may not present accurate margin loan funded Trading Account portfolio information.

15. Data

• Secure client website: ASX quotes are real-time or real-time streaming. International quotes are delayed or delayed streaming at least 15 minutes. All quotes in local currency.
• Public website: ASX quotes are 20 minutes delayed. International quotes are delayed at least 15 minutes from the relevant exchange time. All quotes in local currency.

16. Registered office

• WealthHub Securities Limited, 500 Bourke Street, Melbourne VIC 3000, Australia

17. email messages

• Where you have received a message via email, the message is intended only for the addressee and contains information which may be confidential. Where you download or print copies of any information contained in this email, you acknowledge that it is for your personal and private use, and that it may not be reproduced, republished, broadcast or otherwise distributed without WealthHub Securities prior written consent. WealthHub Securities doesn't guarantee the integrity of this communication, or that it is free from errors, viruses or interference.

18. International Trading

• Investing through the nabtrade Global Market Trading service is not the same as investing directly. The nabtrade Global Market Trading service is an international share trading, nominee and custody service. Although you'll be the beneficial owner of the relevant International Securities, the legal interest is held by the Custodian or Sub-custodians and they will receive all communications regarding your investments on your behalf, including notification of shareholder meetings, upcoming corporate events and dividend information.
• nabtrade is authorised under the Income Tax Assessment Act 1936 to ask for your TFN. It’s not compulsory for you to tell us your TFN, Australian Business Number (ABN), or exemption code (if you have one). However, if you don’t provide these details, we may need to deduct Pay As You Go (PAYG) withholding tax at the maximum marginal tax rate (plus the Medicare levy) from any interest you earn on your Cash Products. Further, if you do not provide us these details, we will not be able to activate your international trading account. This requirement for activation does not apply to your domestic trading account. If you provide your TFN or other details mentioned above, they will apply to all your accounts with nabtrade and you authorise disclosure of your TFN to third parties, where doing so is in accordance with taxation law.

19. Free alert credits offer - valid for 12 months from Oct 2018 to SEPT 2019

• This offer is open to all nabtrade customers and the free alert credits are to be used in accordance with the nabtrade reasonable use terms and conditions. The offer will expire at 11.59pm on 30 September 2019. Our standard fees and charges and account opening requirements will still apply and we reserve the right to withdraw this offer where we consider it is appropriate for legitimate business, prudential or regulatory reasons.