What is an off-market transfer of shares?
Last Updated: 04 Sep 2014
An off-market transfer of shares is a change of ownership from one name to another, done privately through the share registry rather than traded on the share market using a broker.
An example of an off-market transfer might be a share transfer from joint names or a company, to an individual or a trust.
Did this answer your question?
Related Answers
-
The way to complete an off-market transaction of shares is to download the off-market transfer form from the relevant registry’s ...
-
Any foreign dividends received by ASB Securities will be credited to your Foreign Currency Account (FCA) account in the currency ...
-
Exchange Traded Funds (ETFs) are investment funds that trade much like shares. An ETF can hold assets such as shares, ...
-
There are a number of different types of orders and instructions. The main ones are market orders and limit orders. ...
-
To update your Common Shareholder Number (CSN), please call us on 0800 272 732 weekdays 7am-6pm. Find out more about ...
-
Australian shares can be held in two ways. Broker sponsored holdings Your shares are held in an account with a ...
-
If the ticker (trading) code remains the same, this change will happen automatically. If the company has a new ticker ...
-
Yes. Orders involving any of the following can only be placed over the telephone by calling our share trading team ...
-
Yes. Orders traded via ASB's share trading service of NZX or ASX stocks will always feed automatically into the Automated ...
-
A capital note is a short-term bond issued by a company to help pay company liabilities. When you buy a ...
