Frequently Asked Questions
You will need to have an eligible St.George, Bank of Melbourne or BankSA bank account to open a Directshares account. You can then open a trading account by taking a few minutes to fill in an application form online. Most applicants can be identified online and will not need to send in any paperwork.
Funding, withdrawals and transferring shares
You will need to have sufficient funds in your eligible bank account to cover the trade. Alternatively you may be able to fund your trades using a St.George Margin loan. For more information click here.
Navigating the platform
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Issuer Sponsored holdings are shares managed directly through the Issuer's registry. They may have been:
- purchased in an IPO (new issue),
- allocated by your company (e.g. as part of an employee share plan), or;
- acquired through a demutualisation, or converted from Broker Sponsorship.
Making changes to your account
You can change your address from within the standard trading platform. Select 'Personal details' from the 'Settings' (cog icon) menu in the top left hand corner of the platform, and follow the prompts.
Alternatively you can use our Change of Details Form. This form needs to be signed by all account holders and returned using the below details:
Fax: 02 9221 9365
Post: GPO Box 5351, Sydney NSW 2001
Learn more about Directshares
Share Trading with St.George Directshares is a service provided through CMC Markets Stockbroking Limited, ABN 69 081 002 851, AFSL 246381, a participant of the ASX Group and Chi-X Australia and made available to customers of St. George Bank – A Division of Westpac Banking Corporation (ABN 33 007 457 141). For further information please read the and .