Online trading

 

Trade shares, CFDs and ETFs

 

Shares

Macquarie Prime is an integrated online trading platform that enables you to trade more than 2,000 ASX-listed securities

Any shares that you buy are registered in your name and held on your HIN so you receive all the entitlements of share ownership including dividends, access to franking credits^ and voting rights.

The table of available shares shows which shares are currently available along with the applicable margin rates; if you can open a short position; and if you can use a Guaranteed Stop Loss order.

Gearing Offered

An optional feature of Macquarie Prime is the ability to borrow to invest - gearing

You can elect to have loan facility switched on or off. Macquarie Prime offers lending over more than 750 ASX listed securities. A highlight is that the gearing level is variable so when you use the loan facility to buy shares you can determine how much of your own funds you want to commit. This means you are effectively choosing the gearing level that suits your personal preference - from zero to 95%±.

Variable Margin rates

The margin required for a position with Guaranteed Stop Loss (GSL) protection can be as low as 1% when a GSL is utilised.

Shorting Offered

To request a stock be added to our shorting list, please email us at prime@macquarie.com.au. Please note that this list of shares is subject to change. If you have any questions regarding this information please contact us.

Maximum Gearing levels are subject to the margin required for a particular position and may vary depending on the share.

Transferring existing shares and loan facilities

Transferring your portfolio into your Macquarie Prime Facility is a simple process. If you have a current investment loan against your share portfolio you can apply to refinance this loan into you Macquarie Prime Facility. 

Contract For Difference (CFDs)

Investors are using CFDs as an effective hedging tool, attracted by the many benefits CFDs offer, their simple and transparent structure as well as their risk management capabilities.

Integrated with the Macquarie Prime Facility

Macquarie CFDs are fully integrated within the Macquarie Prime facility which offers an all in one facility for online trading, gearing, risk management tools and a cash account. Your CFDs and share positions can be held and transacted on the one platform. This integration offers you the advantage of margin offset.

Margin Offset

CFDs allow you to protect your share positions with short CFDs. If you hold a long share position in your Prime Facility, you can hedge that position with a short CFD trade. The hedge can be tailored to the exact number of shares that you own.

Direct Market Access

CFDs are offered via the Direct Market Access (DMA) model. We believe DMA offers you the most transparent pricing and cost structure.

Guaranteed Stop-Loss protection

Macquarie's unique Guaranteed Stop Loss (GSL) protection shields you against unexpected adverse share price movements during the GSL period. A GSL guarantees a worst case exit price for a CFD position during the GSL period and can allow you to increase your leverage.

Trading Fees from 0.07%^

CFDs are a relatively low cost trading vehicle with trading fees starting from $19.95 to open or close a CFD position.


CFDs have become a popular way to trade shares on a geared (or "leveraged") basis. By entering into a CFD position over a particular stock, you can gain exposure to movements in that stock price, without owning the actual stock.

When trading CFDs, you generally require only a small percentage of the position value to trade either market direction.

Example scenario 

  • a share has a margin rate of 5%
  • you only need to deposit 5% of the total face value of the position


Macquarie CFDs are available on over more than 500 listed ASX listed securities. 

Thinking of trading Contracts for Difference (CFDs)? 

Trading strategy

Exchange Traded Fund (ETFs)

An ETF is, generally, a trust or company that invests in baskets of stocks with the intention of tracking a particular index. Securities or interests in these funds can be traded on the ASX like a share.

ETFs are one of the fastest growing investment products in the world and combine some of the advantages of shares with the benefits of diversified portfolio. ETFs give investors the ability to gain exposure to a portfolio of shares or other assets but can be traded on the stock exchange (like shares). ETFs are available as shares and CFDs.

Why invest in sectors and indices?

Diversification

ETFs assist investors with diversification by establishing a portfolio through a single security. ETFs can be used to create a diversified portfolio or compliment an existing portfolio.

Access

ETFs allow you to access investment opportunities that may otherwise be unavailable to you, such as global or country specific index trackers.

Liquidity

ETFs are traded on the ASX and may offer greater liquidity than most unlisted managed funds. ETFs can be traded during ASX market hours at market prices rather than NAV per unit. This means that you can get in and out of an investment in ETFs just like shares.

Capital appreciation and income

An ETF will change in value as the underlying portfolio of assets changes in value. ETFs can also provide an income stream through distributions. You should be aware that while ETFs allow you to gain exposure to one or more indices, ETFs may not track a particular index exactly due to, for example, management fees.

Low Cost

ETFs typically have lower operating costs and management fees than more actively managed funds.


Indices and sectors available

Macquarie Prime investors are building diversified portfolios through ETFs. For an overview of each ETF available on Macquarie Prime, select the respective Fund Name below.

International Indexed ETFs

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Asia IAA iShares S&P Asia 50 The index covers the large-cap constituents in Hong Kong, Korea, Taiwan and Singapore. 45%
Emerging Markets IBK iShares MSCI BRIC Reflects the performance of four emerging markets: Brazil, Russia, India and China. 55%
Global Emerging Markets IEM iShares MSCI Emerging Markets Leading companies in 22 emerging countries and 10 industry sectors. 17.50%
Europe IEU iShares S&P Europe 350 350 stocks in 17 European markets and 10 industry sectors. 17.50%
Hong Kong IHK iShares MSCI Hong Kong Reflects the performance of the Hong Kong equity market. 17.50%
US IJH iShares S&P MidCap 400 US stocks capitalised at US$1bn to US$4bn. 17.50%
Japan IJP iShares MSCI Japan Reflects the performance of the Japanese equity market. 17.50%
US IJR iShares S&P SmallCap 600 US stocks capitalised at US$300m to US$400m. 17.50%
South Korea IKO iShares MSCI South Korea Reflects the performance of the South Korean equity market. 25%
Global IOO iShares S&P Global 100 100 large transnational companies with minimum capitalisation of US$5bn. 17.50%
US IRU iShares Russell 2000 The Index is capitalisation-weighted and consists of the 2000 smallest companies in the Russell 3000 Index. 17.50%
Singapore ISG iShares MSCI Singapore Reflects the performance of the Singaporean equity market. 17.50%
Taiwan ITW iShares MSCI Taiwan Reflects the performance of the Taiwanese equity market. 17.50%
Australasia Europe Far East IVE iShares MSCI EAFE Reflects the performance of European, Australasian and Far Eastern markets 17.50%
US IVV iShares S&P 500 US large-cap stocks across a range of industries. 17.50%
China IZZ iShares FTSE/Xinhua China 25 The Index consists of 25 of the largest and most liquid Chinese companies. All of the securities in the Index trade on the Hong Kong Stock Exchange. 17.50%
Global VEU Vanguard All-World ex-US Shares Index Tracks the performance of the FTSE All-World ex-US Index. 55%
US VTS Vanguard US Total Market Shares Index Tracks the performance of the MSCI US Broad Market Index 45%
Global WXOZ SPDR S&P World ex Australia Fund Aim to closely replicate the performance of the S&P Developed ex Australia LargeMidCap AUD Index 100%

Domestic Indexed ETFs

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Australia BEAR Betashares Australian Equities Bear Hedge Fund Aims to replicate the inverse performance of the ASX 200 Australian shares
70%
Australia ETF UBS Iq Research Preferred Australian Share Fund Aims to replicate the performance of the UBS Research Preferred Index before fees and expenses.
100%
Australia ILC iShares S&P/ASX 20 Aims to replicate the performance of the top 20 Australian Shares
10%
Australia IOZ iShares MSCI Australia 200 Aims to replicate the performance of the top 200 Australian Shares
25%
Australia ISO iShares S&P/ASX Small Ordinaries Aims to replicate the performance of the ASX Small Ordinaries Index
70%
Australia RDV Russell High Dividend Australian Shares Fund Designed to track the performance of the Russell Australia High Dividend Index by investing in around 50 blue chip Australian companies with a strong emphasis on higher dividends.
35%
Australia SFY SPDR S&P/ASX 50 Fund Aims to replicate the performance of the top 50 Australian Shares.
35%
Australia SSO SPDR S&P/ASX Small Ordinaries Fund Aims to replicate the performance of the ASX Small Ordinaries Index
70%
Australia STW SPDR S&P/ASX 200 Fund Aims to replicate the performance of the top 200 Australian Shares.
5%
Australia VAS Replicate the performance of the top 300 Australian Shares. Aims to replicate the performance of the top 300 Australian Shares.
35%
Australia YMAX Betashares Aus Top20 Equity Yield Max Fund (M Fund) Aims to replicate the performance of the top 20 Australian Shares
10%

Sector Indexed ETFs

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Australian Mining DGA Digga Australian Mining Fund Aims to track the performance of the Chimaera Australian Mining index  
100%
Australian High Dividend IHD iShares S&P/ASX High Dividend Aims to replicate the performance of the high dividend paying common stocks from the S&P/ASX 300  
25%
Global Consumer Staples IXI iShares S&P Global Consumer Staples Provides exposure to the world’s leading providers of consumer staples, such as Procter & Gamble, Nestle and Unilever.
45%
Global Healthcare IXJ iShares S&P Global Healthcare Provides exposure to global healthcare and biotechnology companies, such as Johnson & Johnson and GlaxoSmithKline.
45%
Global Telecommunications IXP IShares S&P Global Telecommunications Provides exposure to the world's largest suppliers of telecommunications, such as Vodafone and Telefoonica SA.
45%
Australian Financials excluding A-REIT Index OZF SPDR S&P/ASX 200 Financials Ex A-REIT Fund Aims to replicate the price and income performance of the S&P/ASX 200 Financials-x-A-REIT Index, before fees and expenses.  
25%
ASX 200 Resources Index OZR SPDR S&P/ASX 200 Resources Fund Aims to replicate the returns and characteristics of the S&P/ASX 200 Resource Index.  
25%
Australian Financials excluding A-REIT Index QFN BetaShares Financials Sector ETF Aims to track the price and income performance of the S&P/ASX 200 Financials
25%
ASX 300 Resource Index QRE AII S&P/ASX 300 Metals and Mining BetaShares Resources Sector ETF Aims to track the price and income performance of the S&P/ASX 200 Resources Index, before fees and expenses
25%
Australian High Dividend RVL Russell Australian Value Etf Aims to provide value based exposure on ASX listed securities  
70%
Australian Listed Property SLF SPDR S&P/ASX 200 Listed Property Fund Aims to replicate the performance of the LPTs in the ASX 200
45%
Australian High Dividend SYI SPDR MSCI Australia Select High Dividend Yield Fund Aims to replicate the performance of the MSCI Australia Select High Dividend Yield Index  
25%
Australian Property VAP Vanguard Australian Property Securities Index ETF Aims to replicate the inverse performance of the S&P/ASX 300 A-REIT Index  
35%
Australian High Dividend VHY Vanguard Australian Shares High Yield ETF Aims to replicate the performance of the FTSE® ASFA Australia High Dividend Yield Index  
25%
Australian Large Companies VLC Vanguard MSCI Australian Large Companies Index ETF Aims to replicate the performance of the largest Australian companies on the ASX  
55%
Australian Small Companies VSO Vanguard MSCI Australian Small Companies Index ETF Aims to replicate the performance of the smaller Australian companies on the ASX  
100%

Fixed Income

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Income AAA Betashares Australian High Interest Cash ETF Aims to provide attractive and regular income distributions  
5%
Income BOND SPDR S&P/ASX Australian Bond Fund Aims to replicate the Australian Fixed Interest Index  
100%
Income GOVT SPDR S&P/ASX Australian Government Bond Fund Aims to replicate the S&P/ASX Government Index  
100%
Income IGB iShares UBS Treasury Index Fund Aims to replicate the USB Treasury Index  
100%
Income RCB Russell Australian Select Corporate Bond ETF Aims to replicate the DBIQ 0-3 year Investment Grade Australian Corporate Bond Index  
100%
Income RGB Russell Australian Government Bond ETF Aims to replicate the DBIQ 5-10 year Australian Government Bond Index  
100%
Income RSM Russell Australian Semi-Government Bond ETF Aims to replicate the DBIQ 0-5 year Australian Semi-Government Bond Index  
100%
Income VAF Vanguard Australian Fixed Interest Index Etf Aims to replicate the return of the UBS Composite Bond Index  
100%
Income VGB Vanguard Australian Government Bond Index Etf Aims to replicate the UBS Government Bond Index  
100%

Commodity Indexed ETFs

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Silver ETPMAG ETFS Physical Silver Provide a return equivalent to the silver spot price.
100%
Palladium ETPMPD ETFS Physical Platinum Provide a return equivalent to the palladium spot price.
100%
Platinum ETPMPT ETFS Physical Silver Provide a return equivalent to the platinum spot price.
100%
Gold GOLD ETFS Physical Gold Provide a return equivalent to the gold spot price
25%
Oil OOO BetaShares Crude Oil Index ETF- Currency Hedged (Synthetic) The investment objective of the Fund is to track the performance of the S&P GSCI Crude Oil Index Excess Return hedged into Australian dollars, plus an interest component, before fees and expenses.
45%
Agriculture QAG Betashares Agriculture Etf-Currency Hedged Aims to replicate the performance of a basket of the most significant agricultural commodities  
35%
Currency Hedged Gold Bullion QAU BetaShares Gold Bullion ETF ETF aims to track the performance of the price of gold bullion, with a currency hedge against movements in the AUD/USD exchange rate, before fees and expenses
35%
Commodities QCB Betashares Commodities Basket Etf-Currency Hedged Aims to replicate the performance of a diversified basket of commodities  
35%

Currency Indexed ETFs

Exposure ASX Code Fund Name Underlying Strategy Margin rate*
Euro EEU BetaShares
Euro ETF
The ETF aims to track the change in price of the Euro relative to the Australian dollar, before fees and expenses.
35%
Pound Sterling POU BetaShares
British Pound ETF
The ETF aims to track the change in price of the British Pound relative to the Australian dollar, before fees and expenses.
35%
US Dollar USD BetaShares
US Dollar ETF
The ETF aims to track the change in price of the United States dollar relative to the Australian dollar, before fees and expenses.
17.5%


Margin rates

AGBs

What are Exchange-traded AGBs?

Exchange-traded Australian Government Bonds (AGBs) offer a convenient and accessible way to invest in Australian Government Bonds. They enable investors to gain beneficial ownership of Australian Government Bonds and all the benefits associated with legal ownership – including payments.

Why invest in Exchange-traded AGBs?

Exchange-traded AGBs offer stable cash flows and the ability to reduce risk in your portfolio – without locking away your money for the term of the investment.

Understanding the risks and benefits of Exchange-traded AGBs

Exchange-traded AGBs are designed to appeal to investors looking for a highly secure investment. However, no investment is risk-free.

Before trading in AGBs, please ensure that you view the current version of the Information Statement and Term Sheet of the security at Australian Government Bonds.

For more information about Exchange-traded AGBs, please visit the ASX.

Short selling

Share price movements for long and short positions have different effects on potential profits, as indicated by the arrows in the table below.

  Increasing Share Price Decreasing Share Price
Long up down
Short down up


Long Positions

Buying shares is called Going long.

Traders who have a view that a share price is going to go up in value can buy shares expecting to sell them at a higher price.

Example scenario

For example, you decide that at $25.50, XYZ is undervalued and that the share price will rise in the short term. You decide to buy 1000 XYZ shares.

After six weeks, XYZ has risen to $27.50 and you decide to sell your shares. 

You have realised a gain on your long position of:

Gross Gain

= (Sale Price - Purchase Price) x Quantity
= (27.50 - 25.50) x 1,000
= $2,000

Note that this example does not include the effects of interest, fees or taxes.


Short Positions

Selling shares that you don't currently own is called Going short.

Traders have the ability to take advantage of a downward move in a share price using short positions.

With Prime, you can take short positions in shares, by borrowing shares from Macquarie to sell. If you expect a share to drop in value, you can short sell the share at the current price, with the intention to buy back the share at a lower price in the future.

Example scenario

For example, shortly after closing your long position, you decide that at $28.00 XYZ has become overvalued.

You decide to take out a short position and sell 1000 XYZ shares.

Two weeks later the price of XYZ has fallen to $27.00 and you decide to buy back her position.

The following gain has been realised on the short position:

Gross Gain

= (Sale Price - Purchase Price) x Quantity
= (28.00 - 27.00) x 1000
= $1,000

Note that this example is intended to show only a basic potential return from shorting. It does not include the effects of interest, fees or taxes.

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1800 187 434