Exclusive
Green light for new Aussie gateway to US stocks, Apple Inc
Joyce MoullakisSenior Reporter
Australian investors hungry for global stocks will have local trading access to tech giant Apple, and as many as 30 US names by mid 2019, as Chi-X Australia pushes the green light on a project that involved three years of planning.
The Apple trading will be available through "transferable custody receipts" (TraCRs) from Thursday. They are a new product which facilitates the trading of stocks like Apple in Australian dollars and on the Chi-X local exchange.
Loading...
Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Financial services
Fetching latest articles