Where are my international shares held?

CommSec has appointed Interactive Brokers LLC (IBLLC) as its sub-custodian/ International Custodian. IBLLC may engage the services of other custodians depending on the country in which the assets are held.

What does this mean?

This means that CommSec is providing you with a nominee and custody service and is your counterparty under the International Shares Terms and Conditions.

When you purchase international shares through CommSec, your assets are segregated in the name of CommSec Custodial Nominees Pty Limited, and our International Custodian (Interactive Brokers LLC) is the legal owner. However, you retain the beneficial ownership of all the assets in your account.


We're here to help

To find out more about where your international shares are held, please contact our International Desk on 1300 361 170 or +61 2 8397 1250 if calling from outside Australia (open 24 hours, U.S. trading days).

 

© 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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