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bull....
09-03-2017, 04:15 PM
anz investing sale to cmc
Under the terms of the deal, after a transition period, CMC will service more than 500,000 ANZ retail stockbroking clients under the ANZ Share Investing (ANZSI) brand.
filing last night in london
don't know if this means the nz division is for sale too?
macduffy
09-03-2017, 04:31 PM
Is it a sale - or a transfer of the business to an alternative trading platform?
http://www.asx.com.au/asxpdf/20170308/pdf/43gncpsz53z0qp.pdf
bull....
09-03-2017, 04:37 PM
Is it a sale - or a transfer of the business to an alternative trading platform?
http://www.asx.com.au/asxpdf/20170308/pdf/43gncpsz53z0qp.pdf
hard to say devil in the details but I believe maybe when you buy shares thru cfd providers you do not own the shares legally even though you brought them?
bull....
10-03-2017, 08:58 AM
Is it a sale - or a transfer of the business to an alternative trading platform?
http://www.asx.com.au/asxpdf/20170308/pdf/43gncpsz53z0qp.pdf
according to this article it is a sale
https://thewest.com.au/business/banking/jobs-in-limbo-after-anz-reveals-broker-unit-sale-ng-b88410672z
so since cmc markets operate in nz too I guess they will takeover the nz branch as well
couta1
10-03-2017, 09:03 AM
according to this article it is a sale
https://thewest.com.au/business/banking/jobs-in-limbo-after-anz-reveals-broker-unit-sale-ng-b88410672z
so since cmc markets operate in nz too I guess they will takeover the nz branch as well The article states that only Melbourne and Sydney staff affected, so may not affect NZ branch.
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