We’ve partnered with CMC Markets Stockbroking Ltd, (or CMC Markets for short!) AFSL No. 246381, to execute buy and sell orders on behalf of Sharesies.
DriveWealth are a US-based registered broker dealer who are our clearing participant and sub-custodian in the US, and act on behalf of Sharesies and Sharesies Nominee Limited—the Sharesies entity that holds investments on bare trust for you. We send off the order information to them, and they execute the buy and sell orders on behalf of us, and you!
Sharesies is the customer of DriveWealth, but each individual Sharesies investor won’t be. This means we don’t pass your personal information on to DriveWealth.
Sharesies Limited is an NZX Trading and Advising Participant, Clearing and Settlement Participant, and Depository Participant.
We source market data from third parties, including Refinitiv.