In addition to decisions about which asset classes — and which assets within these asset classes — you are going to invest in, you also need to navigate the actual buying and selling of these assets. When it comes to shares, that usually means the sharemarket. In this chapter we will take you through the various types of securities and company codes, what the markets for stocks actually look like on the screen and what you can do if you want to transfer shares off-market.
Types of securities
Shares may be one of the simplest financial products in which to invest, but there are different types of shares traded on the ASX, each with different characteristics.
It is important to understand these ...