What does multi-markets mean?

The ASX operates on a primary trading venue known as ASX TradeMatch. With the addition of trading venues such as Chi-X Australia, ASX Centrepoint and ASX PureMatch, this allows Australian equity trading activity to be conducted in a Multiple Market trading environment.

We are committed to providing you with the best outcome for your trades via the specific trading venues outlined in our best execution policy. We will automatically send your order to the trading venue(s) that seeks to achieve the best outcome for your order, in accordance with our best execution policy. CommSec is a member of the Australian Securities Exchange (ASX) and Chi-X Australia and is authorised to participate in these trading venues.

For any other queries you may have about the Best Execution Policy, please call us on 13 15 19 or +61 2 9115 1417 if calling from overseas (Monday to Friday, 8am to 7pm, Sydney time).

Answers others found helpful

What is CHESS?

CHESS (Clearing House Electronic Subregister System) is the computer system used by the Australian Securities Exchange (ASX) to record shareholdings and manage the settlement of share transactions.

Why has my order been cancelled?

Orders may be cancelled or purged for a number of reasons, the most common of which are described below.

ASX market rules and regulations
There are parameters in place to ensure that...

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© Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945. CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited, a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.

The information on this page has been prepared without taking into account your objectives, financial situation or needs. For this reason, any individual should, before acting on this information, consider the appropriateness of the information, having regards to their objectives, financial situation or needs, and, if necessary, seek appropriate professional advice.

CommSec does not give any representation or warranty as to the accuracy, reliability or completeness of any content on this page, including any third party sourced data, nor does it accept liability for any errors or omissions.

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