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For Equities (Shares and Warrants):
If funds are held in Morrison Securities Trust Account:
Transaction Value |
Brokerage (ex GST) |
| $0.01 - $49,999.99 |
$20.00 |
| $50,000.00 - $99,999.99 |
$40.00 |
| $100,000.00 + |
0.05% |
If funds are held in a linked Macquarie/Adelaide Bank CMT Account or a linked Margin Lending Account:
Transaction Value |
Brokerage (ex GST) |
| $0.01 - $49,999.99 |
$30.00 |
| $50,000.00 - $99,999.99 |
$50.00 |
| $100,000.00 + |
0.06% |
Please note that these commissions are for CHESS
sponsored accounts only and are charged per order per day. All commissions mentioned are exclusive of GST
For Exchange Traded Options (ETOs):
$25.00 flat (plus GST) per order and an ACH Clearing Fee of $1.12
per contract (inclusive of GST) if funds are held in Morrison Securities Trust Account
$30.00 flat (plus GST) per order and an ACH Clearing Fee of $1.12
per contract (inclusive of GST) if funds are held in a linked Macquarie / Adelaide Bank CMT Account
Trading Platform Subscription:
webIRESS:
FREE - for 10 or more trades per month
$100 (plus GST) per month - for less than 10 trades per month
The above charges are payable in advance on the last day of the previous month and the appropriate rebate will be given at the end of the month
htmlIRESS:
FREE!
For access to htmlIRESS, a minimum balance of $5000 must be maintained in the trading account
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