Exchange Members

Westpac Broking
Member of the Stock Exchange of Newcastle Limited

Westpac Securities Limited trading as Westpac Broking is a wholly owned subsidiary of Westpac Banking Corporation.

Address

Post Web
Level 15
60 Carrington Street
Sydney,
NSW Australia 2000
Same as Street Address http://www.westpac.com.au
Phone Fax E-mail
13 13 31
History
  • Westpac began trading on April 8, 1817 as the Bank of New South Wales at a single office in Macquarie Place, Sydney, in the then British colony of New South Wales.
  • The Westpac Group employs about 31,000 people in Australia and around the world.
  • Westpac concentrates its activities in Australia, New Zealand and the Pacific Islands. Westpac merged with Challenge Bank in Western Australia in 1995, Trust Bank New Zealand in 1996, and Bank of Melbourne in Victoria in 1997.


  • Westpac's Subsidiaries include:

    Australian Guarantee Corporation Limited (AGC) is one of Australia's largest finance companies (100 per cent owned) and provides an extensive range of personal and commercial financial services, specialising in point-of-sale finance for consumer durables, and asset-backed and working capital commercial finance.
    Westpac Financial Services Group Limited (WFS) - embracing one of Australia's largest funds managers, it has more than $23 billion under discretionary management and a further $111 billion in nominee/custodian services. Find out more about the WFS range of Investment, Superannuation and Insurance services.
    About Us
    Westpac Broking (a non-advisory service) lets you place orders to buy and sell shares directly over the internet or phone, for a lot less than the cost of a traditional broking service. Westpac Broking also gives you access to valuable company and market information as well as portfolio tools to help you make your investment decisions. You can log onto the Westpac Broking Online service anytime you want.
    Services
    Six Great Reasons

    1. Trades from $28.00
    At Westpac Broking we make trading affordable. You don't pay subscription fees. You only pay when you trade. Online, Westpac Broking customers can access a range of in-depth information - from real-time ASX quotes to market depth and company profiles. Our pricing structure is up-front and easy to understand, whether you choose to trade online or through our customer service centre.

    2. Trade all ASX listed shares
    When you open an account with Westpac Broking, you can place an order to buy or sell all ASX listed shares and warrants. Every share or warrant is accepted over the phone. However, if you are placing a trade over the Internet for a specific share or warrant under the value of 20 cents, you will need to call our centre on 13 13 31 as these trades are generally not accepted online.

    3. Free company profiles & market depth
    • Company Profiles

    • Concise, one-page ASX profiles providing detailed corporate data, a comparison of share price to the All Ordinaries Index, key financial data, dividend yields and earnings per share - all great to have when evaluating the fundamentals of a company.
    • Charts

    • Put today's share price into perspective before you make a decision. Chart a company's historical share price for a selected period.
    • Upcoming Floats and Issues

    • Study the ASX list of upcoming floats. Investigate the issue price, amount to be raised, underwriters and expected close date for the float.
    • Market Depth

    • Optimise your 'At Limit' price. Check the volumes and top 10 price points for potential buyers and sellers before you place your order.
    4. Portfolio tools to help you stay on top of your investments
    • Flexible Portfolio Management

    • Check your gains and losses and current holdings - everything you need to help you stay on top of your investments - all on one page.
    • Comprehensive Order Tracking

    • Know the status of your orders. Readily review, amend or cancel your open orders. From the time you place your order to when you settle, you can easily track your investments.
    • Customised Watch Lists

    • Quickly track the movement, latest price, current bid and offer, open and close prices and volume traded for securities and warrants of interest.
    • Effortless Record Keeping

    • Easily access your trading history online whenever you need it. Good information to have at your fingertips at tax time - and a great audit trail.
    5. Easy review of your open orders
    At Westpac Broking you can readily review the status of your orders as soon as you sign in. Just click 'Review Orders' to cancel or amend your open orders. From the time you place your order to when you settle, you can easily track your investments.

    6. Easy account opening
    Opening an account with Westpac Broking is easy. All you need to do is complete the Westpac Broking application form. Alternatively, you can request an information pack. Included in this pack is the Account Opening Booklet which also contains the application form. Simply return the signed and completed form to us.

    Generally no money is required up front in order to open an account with us. Shortly after we receive your completed application form, you should receive confirmation from us that you can now trade through Westpac Broking.
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    Last modified: June 25, 2001