Absa Forex Exchange

 


Need help with the process? Necessary to protect Absa Stockbrokers and Portfolio Management' interest This will not be used as a reason for disclosing information about a customer or a customer's accounts including name and address to any one else, including other companies in the Absa Group for marketing purposes. Mozilla Firefox Download here. Email confirmation will be sent to the client when: For those looking for someone to manage their investment, our portfolio management team can offer you a Shari'ah-compliant investment portfolio.

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These terms and conditions are exclusively governed by and construed in accordance with the laws of the Republic of South Africa and are subject to the jurisdiction of the courts of the Republic of South Africa.

The investment services and information available on this website are not targeted at residents outside of the Republic of South Africa. In particular, nothing on this website should be interpreted as targeting persons or entities in the United States of America, Canada, the United Kingdom, Australia and Hong Kong.

Absa Stockbrokers and Portfolio Management shall be entitled to terminate this agreement on 30 thirty days' written notice to the client. Absa Stockbrokers and Portfolio Management may give the termination notice to the client by publication on the website, or by email or any other communication tool.

Absa Stockbrokers and Portfolio Management may temporarily suspend the use of this website to repair, maintain, upgrade, replace or improve any information or services contained within the website. Where circumstances permit, Absa Stockbrokers and Portfolio Management shall use its best endeavours to provide prior notice of any such suspension to the client. Absa Stockbrokers and Portfolio Management shall restore the use of this website as soon as reasonably practicable after any such temporary suspension.

The website displays all open orders as well as the last 20 completed, expired or cancelled orders. Existing clients of Absa Stockbrokers and Portfolio Management who have portfolio or normal telephonic trading accounts may want to convert their accounts to online accounts.

The online registration process must be followed and all relevant documentation, including a letter instructing us to transfer all the shares and cash balances from the existing account. Please state the account number. The new online account will be activated within 48 hours during a business week of the original instruction letter being received.

Clients who want to split their existing portfolio should complete the registration process; including signing the mandate and enclosing all the relevant documentation, including a letter to Absa Stockbrokers and Portfolio Management instructing us as to which shares should be transferred. It is important that non-resident accountholders declare this fact when they complete the mandate. Failure to do so could be deemed to be a contravention of foreign exchange regulations.

For any order to be executed, there needs to be a corresponding counterparty, thus for "buy" orders, a corresponding offer is required and for "sell" orders, a corresponding bid needs to be available. All orders are matched on price only, therefore if insufficient shares are available to match an order completely, then the order may be only partially executed.

Orders placed "At Market" will be executed immediately, in part or in full, at the best price, assuming there is a counterparty available. If there is no bid or offer available, orders will be placed at the ruling price. It is therefore strongly recommended that for illiquid stocks and in particular warrants, orders are placed "At Limit". An "At Limit" order determines the maximum price buy or minimum price sell at which the share is to be traded.

If, however, the order can be executed at a better price at that point in time, the client will benefit. An "At Limit" order will be queued in time and price priority and will only be executed once all orders ahead of it in the queue have been executed. Once an order has been submitted, the order will appear under the "Today's Order Book" schedule until such time as the order is executed, cancelled or it expires. Email confirmation will be sent to the client when:.

The client must not disclose this password, thereby giving access to any unauthorised person. The client must take all reasonable precautions to prevent unauthorised use of the services provided via the website including unauthorised access to the Absa Stockbrokers and Portfolio Management Online Share Trading service. If the client suspects that any person has obtained unauthorised access to their account, the client must immediately notify Absa Stockbrokers and Portfolio Management on during office hours and immediately change the password.

If a client elects to ordinarily change their password, this may be done via the website. If any unauthorised person obtains the password in any manner whatsoever, such a person will be regarded as the client's duly authorised agent with full authority to access the website and use the services provided on the client's behalf, unless the client is able to prove that the person has obtained the password due to Absa Stockbrokers and Portfolio Management' negligence or due to internal fraud in Absa Stockbrokers and Portfolio Management.

Absa Stockbrokers and Portfolio Management will upon the client's request forward to the client monthly statements and contract notes via email. The email forwarded to the client will be encrypted. It is the client's responsibility to ensure that the email address provided is correct and functional. Absa Stockbrokers and Portfolio Management will not be responsible if the client fails to receive their statement by virtue of the client providing an incorrect email address or one which is inoperative.

Older browser are often unsafe: Older web browsers have been known to have security flaws, and may expose your information and that of any body else using your computer. Newer browsers are updated more often, thus these security flaws get fixed a lot quicker. You might be missing out: The internet is always evolving, and the capabilities of web browsers along with it.

Your browser may not display all features of this and other websites. All four of the most popular browsers listed below are free to download and install. All it will cost you to be more secure and see all the modern advancements on the internet is a few moments of your time.

This product is suitable if you: You have a good understanding of the share market and want to invest and trade. Anyone wanting to invest offshore and wants to keep their cash and investment in either GBP, USD, or EURO want to diversify your existing share portfolio by investing off-shore want to hedge your exposure to local currency are prepared to take on currency risk understand international markets and shares looking for a medium to high to higher risk investing and trading strategy.

Online Share Trading provides efficiency order execution at very competitive trading and custodial fees. Our in-house settlements office follows strong internal controls to ensure a secure custodial service. For the execution of your trades, safe custody of your holdings and your un-invested cash, along with your monthly statements either emailed or printed , there's simply no reason why you should settle for second best. Our portal is developed to provide knowledge and advice on the world of investing, as well as tips and advice on how to improve your long-term investment goals in order to prosper.

We have created this portal as a smarter and better investor platform to navigate you through your journey. Our customer relationship team is available if needed from Our well-developed infrastructure caters to the needs of retail and high-net-worth clients and our service is friendly and personal. All clients may view their portfolios online in a secure environment with up-to-date prices and research. These shares carry all the information that you require to make an informed decision on what to invest in.

For those looking for someone to manage their investment, our portfolio management team can offer you a Shari'ah-compliant investment portfolio. Any information, illustrative prices, disclosure materials or analyses provided to you have been prepared on assumptions and parameters that reflect good faith determinations by Absa Stockbrokers and Portfolio Management and do not constitute advice by Absa Stockbrokers and it should not be relied upon as such.

The past performance of any securities or other products is not an indication of future performance. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future. Our commitment to you, our customer Absa Stockbrokers and Portfolio Management does not and will not sell or provide personal client information to third parties for independent use.

Sharing customer information - responsibly The only instances in which Absa Stockbrokers and Portfolio Management is permitted to disclose customer information is when it is: Authorised by the customer Absa Stockbrokers and Portfolio Management will not collect or use customer information without obtaining the customer's consent.

In respect of marketing of services or products, consent to collect or use information can be expressed for example signing an agreement or implied e. The type of customer information the customer will be asked to provide will vary according to the product or services required.

Absa is made up of a number of different business units, such as Merchant Bank, Vehicle and Asset Finance and Card division. By sharing information about a customer's accounts among different business units, Absa can serve the customer more efficiently. Other companies routinely contact Absa Stockbrokers and Portfolio Management for credit and financial information about customers.

Absa Stockbrokers and Portfolio Management will, however, only share customer information in the instances where disclosure is made at the customer's request or with the customer's consent.

Right to amend this privacy statement Absa Stockbrokers and Portfolio Management reserves the right to amend this policy at any time. Fully supported browsers include: Credit reference agencies Information about a customer's personal debt owed to Absa Stockbrokers and Portfolio Management may be disclosed to credit reference agencies.

Absa Stockbrokers and Portfolio Management reserves the right to amend this policy at any time. All amendments to this policy will be posted on the website. Unless otherwise stated, the current version shall supersede and replace all previous versions of this policy. Due to security reasons, we advise that you always use the latest browser version available when accessing Absa Online Share Trading.

These versions are quick and easy to download - simply access the links below depending on your preferred browser. The website requires Adobe Flash Player version 10 or later and Java JRE version 6 or later to allow certain features to function correctly.

This website has been designed to be scalable to suit your viewing preferences, however, we recommend using X resolution. The text size used on our website was chosen according to industry standards. To change your screen resolution, right-click on your "desktop", select "properties" and then choose "settings".

Under "screen area" you can change the screen resolution to X , which will make everything on your screen smaller. Please note that once you click "Apply" or "OK" this will change the screen resolution for your PC and all your applications.

Your settings can be changed back at any time though. The information and services provided on this website should not be treated as professional or investment advice. We are members of the South African Institute of Stockbrokers and as such subscribe to the institute's code of ethics. These terms and conditions are exclusively governed by and construed in accordance with the laws of the Republic of South Africa and are subject to the jurisdiction of the courts of the Republic of South Africa.

The investment services and information available on this website are not targeted at residents outside of the Republic of South Africa. In particular, nothing on this website should be interpreted as targeting persons or entities in the United States of America, Canada, the United Kingdom, Australia and Hong Kong. Absa Stockbrokers and Portfolio Management shall be entitled to terminate this agreement on 30 thirty days' written notice to the client.

Absa Stockbrokers and Portfolio Management may give the termination notice to the client by publication on the website, or by email or any other communication tool. Absa Stockbrokers and Portfolio Management may temporarily suspend the use of this website to repair, maintain, upgrade, replace or improve any information or services contained within the website. Where circumstances permit, Absa Stockbrokers and Portfolio Management shall use its best endeavours to provide prior notice of any such suspension to the client.

Absa Stockbrokers and Portfolio Management shall restore the use of this website as soon as reasonably practicable after any such temporary suspension. The website displays all open orders as well as the last 20 completed, expired or cancelled orders.

Existing clients of Absa Stockbrokers and Portfolio Management who have portfolio or normal telephonic trading accounts may want to convert their accounts to online accounts.

The online registration process must be followed and all relevant documentation, including a letter instructing us to transfer all the shares and cash balances from the existing account. Please state the account number. The new online account will be activated within 48 hours during a business week of the original instruction letter being received.

Clients who want to split their existing portfolio should complete the registration process; including signing the mandate and enclosing all the relevant documentation, including a letter to Absa Stockbrokers and Portfolio Management instructing us as to which shares should be transferred. It is important that non-resident accountholders declare this fact when they complete the mandate. Failure to do so could be deemed to be a contravention of foreign exchange regulations. For any order to be executed, there needs to be a corresponding counterparty, thus for "buy" orders, a corresponding offer is required and for "sell" orders, a corresponding bid needs to be available.

All orders are matched on price only, therefore if insufficient shares are available to match an order completely, then the order may be only partially executed. Orders placed "At Market" will be executed immediately, in part or in full, at the best price, assuming there is a counterparty available.

If there is no bid or offer available, orders will be placed at the ruling price. It is therefore strongly recommended that for illiquid stocks and in particular warrants, orders are placed "At Limit". An "At Limit" order determines the maximum price buy or minimum price sell at which the share is to be traded. If, however, the order can be executed at a better price at that point in time, the client will benefit.

An "At Limit" order will be queued in time and price priority and will only be executed once all orders ahead of it in the queue have been executed. Once an order has been submitted, the order will appear under the "Today's Order Book" schedule until such time as the order is executed, cancelled or it expires.

Email confirmation will be sent to the client when:. The client must not disclose this password, thereby giving access to any unauthorised person. The client must take all reasonable precautions to prevent unauthorised use of the services provided via the website including unauthorised access to the Absa Stockbrokers and Portfolio Management Online Share Trading service.

If the client suspects that any person has obtained unauthorised access to their account, the client must immediately notify Absa Stockbrokers and Portfolio Management on during office hours and immediately change the password.

If a client elects to ordinarily change their password, this may be done via the website. If any unauthorised person obtains the password in any manner whatsoever, such a person will be regarded as the client's duly authorised agent with full authority to access the website and use the services provided on the client's behalf, unless the client is able to prove that the person has obtained the password due to Absa Stockbrokers and Portfolio Management' negligence or due to internal fraud in Absa Stockbrokers and Portfolio Management.

Absa Stockbrokers and Portfolio Management will upon the client's request forward to the client monthly statements and contract notes via email.

The email forwarded to the client will be encrypted. It is the client's responsibility to ensure that the email address provided is correct and functional.

Absa Stockbrokers and Portfolio Management will not be responsible if the client fails to receive their statement by virtue of the client providing an incorrect email address or one which is inoperative. Older browser are often unsafe: Older web browsers have been known to have security flaws, and may expose your information and that of any body else using your computer.

Newer browsers are updated more often, thus these security flaws get fixed a lot quicker. You might be missing out: The internet is always evolving, and the capabilities of web browsers along with it. Your browser may not display all features of this and other websites. All four of the most popular browsers listed below are free to download and install. All it will cost you to be more secure and see all the modern advancements on the internet is a few moments of your time.