Sell your shares
Investor Trade is a convenient way to sell your Australian issuer sponsored shares without needing to open a trading account with a broker.
Get Started
Already have an Investor Centre account?
If you already have an Investor Centre account and want to sell your shares, simply ‘login’ and follow these three simple steps:
- Select the holding you wish to sell
- Click 'Action' in the portfolio menu
- Click 'sell'
Don't have an Investor Centre account?
If you don’t have an Investor Centre account, simply click on 'Access a Single Holding' and select the company in which you own shares, enter your SRN, postcode and other relevant information to begin selling your shares. Remember to have your documentation ready to verify your identity online.
FAQs
What is Investor Trade and how does it work?
Investor Trade is an online share sale platform that offers a convenient way to sell your Australian, issuer sponsored shares at the market price, without having to open a trading account with a broker.
Who can use Investor Trade?
You can use Investor Trade if your holding has a registered address in Australia and you have issuer sponsored shares in an ASX-listed company for which we act as the share registry provider. Other eligibility criteria relating to your holding and its value must also be met.
Investor Trade share sale facility is not available to NZ domiciled shareholders. To buy and sell securities, please contact a stockbroker. Details of stockbrokers can be found on the Australian Securities Exchange website or by calling 131 279.
Which shares can I sell?
You can sell all or part# of your issuer sponsored ordinary shares, CHESS Depository Interests (CDIs) or stapled securities that are below AUD75,000 in value. The holding must be in your own name/s with a registered address in Australia. Please note the holding cannot have an account designation, be held in a deceased estate or company holding*.
How do I know if my shares are Issuer Sponsored?
Your shares are issuer sponsored if your holder number starts with letter ‘I’. If the letter ‘X’ appears at the start of the holder number, your shares are broker-sponsored, and you must contact your broker to facilitate a trade. You can find your holder number on your payment advice or holding statement.
What forms of ID do I need to provide?
To use Investor Trade to sell your shares, you must have at least two of the following ID documents issued by the Australian government:
- Australian Driver’s Licence
- Australian Passport
- Medicare Card
The ID document used needs to be current (that is, not expired) and in the same name as the registered name on the shareholding.
What happens if I do not have any two of the ID documents mentioned above?
If you do not have any two of the ID documents mentioned above, you cannot use Investor Trade service. However, you could still sell your shares via other methods, for example, via a broker.
What does it cost?
| Individuals | Fee (incl. GST) |
|---|---|
| Trades up to $5,000 | $120 |
| Trades over $5,000 | $120 + 0.33% of the sale proceeds above $5,000 |
| Joint Holders | Fee (incl. GST) |
| Trades up to $5,000 | $145 |
| Trades over $5,000 | $145 + 0.33% of the sale proceeds above $5,000 |
Note - All prices listed in AUD and Fees are subject to change without notice
Please refer to the Financial Services Guide for further information on fees and charges.
How will I receive my sale proceeds?
You will receive your sale proceeds by direct credit where you have an existing bank instruction on your holding** or a cheque^* will be sent to you on the day of settlement (which is generally two business days after the trade date).
IMPORTANT:
Please be aware that whenever you make a change to your payment instructions, the registered address or a registered name on your holding, that holding will be locked for 10 business days to protect you while we verify the new information provided. During this period, you will not be able to sell your shares through Investor Trade. However, you can still sell your shares through a broker.
Investor Trade is a service provided by Computershare Dealing Services Pty Ltd (an Authorised Representative of CPU Share Plans Pty Ltd AFSL 309884) (Authorised Rep No. 473240).
For more information on how we collect, use, store and disclose your personal information, please see Computershare Dealing Services Pty Ltd Privacy Policy .
Before using the Investor Trade service, please read the Terms and Conditions .
If you require more information about Investor Trade, please contact us using one of the available channels here .
# A partial sale cannot take place if the remaining holding balance is less than a marketable parcel (less than AUD500 in value)
* Please note other eligibility criteria applies – refer to the Terms and Conditions for further details
^ Cheque charges apply, please refer to the Financial Services Guide for further information