Friday, May 18, 2012 23:34 00 PM Sydney Market Session
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Online and Phone Trading in Shares, Options, Warrants and Futures at highly competitive rates.
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Equities
Options
SFE Futures
CFDs
Margin Lending
INTERNET TRADING
If funds are held in Morrison Securities Trust Account
Transaction Value Brokerage (ex GST)  
$0.01 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +		 $20.00
$40.00
0.05%
Example
Note: These commissions are for CHESS sponsored accounts only and are charged per order per day. GST would be charged in addition to the above charges
If funds are held in a linked Macquarie/Adelaide Bank CMA
Account or a linked Margin Lending Account
Transaction Value Brokerage (ex GST)  
$0.01 - $49,999.99
$50,000.00 - $99,999.99
$100,000.00 +		 $30.00
$50.00
0.06%
Example
Note: These commissions are for CHESS sponsored accounts only and are charged per order per day. GST would be charged in addition to the above charges
If Day Trader
Transaction Value Brokerage (ex GST)  
$0.01 - $83,300.00
$83,300.01 +		 $ 25.00 Flat
0.03% on Trade Value
Example 1 Example 2 Example 3
  • Funds should be held in Morrison Securities Trust Account
  • Applicable for CHESS sponsored accounts only
  • Commission will be charged per stock per day
  • GST would be charged in addition to the Commission/charges
  • Applicable only for Online Trade with support, in case needed over phone
  • All Trades which result in settlements (net position remaining outstanding) at the end of the day would be charged additional commission (Settlement Fee) to the extent of 0.12% (ex GST) of the value of trade that requires settlement
  • Confirmations are issued at the end of a trading day for multiple buy or sell in an individual stock (the order may not be complete). If the balance of the order is filled the next day, then a new confirmation would be issued and an additional commission is applied. Multiple trades at different price levels will be placed on one confirmation for each stock traded on one day
PHONE TRADING
Phone Trading
Transaction Value Brokerage (ex GST)  
$0.01 - $40,000.00
$40,000.00+ 		$40.00
0.10%
Example
Note: GST would be charged in addition to the above charges
One-Off Sale or Deceased Estates
One-Off Sale or Deceased Estates
Transaction Value Brokerage (ex GST)  
$0.01 - $50,000.00
$50,000.00+ 		$50.00
0.10%
 
Note: GST would be charged in addition to the above charges
Trading Platform Subscription
WebIRESS
Number of Trades Monthly Subscription  
0 - 9
10+		 $100
FREE
 
Note: GST would be charged in addition to the above charges. 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
Number of Trades Monthly Subscription  
1+ FREE
 
Note: For access to htmlIRESS, a minimum balance of $5000 must be maintained in the trading account
INTERNET TRADING
If funds are held in Morrison Securities Trust Account
Transaction Value Brokerage (ex GST) Clearing House Fee (ex GST)
$0.01 - $999,999 $25.00 FLAT $0.13 per contract
Example  
 
If funds are held in a linked Macquarie/Adelaide Bank CMA Account or a linked Margin Lending Account:
Transaction Value Brokerage (ex GST) Clearing House Fee (ex GST)
$0.01 - $999,999 $30.00 FLAT $0.13 per contract
Example  
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
PHONE TRADING
Phone Trading
Transaction Value Brokerage (ex GST) Clearing House Fee (ex GST)
$0.01 - $8000.00
$8000.00+ 		$40.00
0.50%		 $0.13 per contract
$0.13 per contract
Example  
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Trading Platform Subscription
WebIRESS
Number of Trades Monthly Subscription  
0 - 9
10+ 		$100
FREE
 
Note: GST would be charged in addition to the above charges. 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
Number of Trades Monthly Subscription  
1+ FREE
 
Note: For access to htmlIRESS, a minimum balance of $5000 must be maintained in the trading account
INTERNET TRADING
The table below explains our standard commissions for SFE futures trading.
If you are a frequent trader, please contact us for competitive rates on 1300 886 010
Transaction Value Brokerage (ex GST) Clearing House Fee (ex GST)
1-4 Contracts
5+ Contracts		 $10.00 per Contract
$5.00 per Contract		 $0.90 per Contract
$0.90 per Contract
   
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Trading Platform Subscription
WebIRESS
Number of Trades Monthly Subscription  
0+ $150
 
Note: GST would be charged in addition to the above charges. The above charge is payable in advance on the last day of the previous month
The table below explains our standard commissions for trading ASX CFDs. If you currently pay lower commissions than the ones listed below, please contact us on 1300 886 010 or morrison.admin@morrisonsecurities.com. We are confident that we will be able to match them!
INTERNET TRADING
Internet Trading:
Transaction Value Brokerage (ex GST)  
$0.01 - $12,500.00
$12, 500.00+
 $10.00
0.08%
 
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
PHONE TRADING
Phone Trading
Transaction Value Brokerage (ex GST)  
$0.01 - $40,000.00
$40,000.00+ 		$40.00
0.10%
 
Note: These commissions are charged per order per day. GST would be charged in addition to the above charges
Interest
Open Long Positions You pay RBA Base Rate plus 1.5%
Open Short Positions You receive RBA Base Rate minus 1.5%
Trading Platform Subscription
WebIRESS
Number of Trades Monthly Subscription  
0 - 9
10+		 $100
FREE
 
Note: GST would be charged in addition to the above charges 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 In order to trade ASX CFDs, you must

Read the Morrison Securities Financial Services Guide (FSG) and the ASX CFD Product Disclosure Statement (PDS)

Deposit $5,000 in your trading account

You can download the ASX CFD Application form here
Issuer Sponsored to CHESS and/or CHESS to Issuer Sponsered Conversion $10.00
SRN Enquiry $25.00
Contract Rebooking Fee $20.00
Off Market Transfers $30.00
Trace Fee for Unidentified Client Deposits $50.00
Trace Fee for Payments $50.00
Paper Contract Note or Reprint of paper Contract Note $ 5.00
Cheque Payment $ 5.00
Overseas funds transfer $50.00
Transfer HIN, Holdings or Options positions to other Broker $50.00
Third Party Transfer $20.00
Bank Cheque $50.00
Dishonoured Cheque $50.00
Statement Print $10.00
Fail Fee - (Failure to Settle Trades/Debits) $100.00 + 0.1% of the amount failed to settle per day

Note: GST would be charged in addition to the above charges