ASX Shares Registry

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by ttn, 26th Mar, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. ttn

    ttn Well-Known Member

    Joined:
    9th Sep, 2016
    Posts:
    557
    Location:
    Sydney
    Hi Guys

    I have a few different ASX shares that I planned to hold for long term. I received their letter asked me to update bank account and TFN.

    I have seen a few different registries like Computershare & Linkmarketservices depend on the shares I own.

    Is it possible for me to consolidate all my shares under one registry for easier management? Is it easy to transfer from one to another?

    TIA
     
    ttn, 26th Mar, 2019
    #1
  2. qak

    qak Well-Known Member

    Joined:
    1st Jun, 2017
    Posts:
    1,672
    Location:
    Sydney
    No - the company you have shares in picks the registry.

    If the holdings are all under one HIN (number starts with X), the registries will usually let you create a portfolio of all holdings at that registry, so the notification process for TFN, tax status, DRP or dividend election etc is a bit easier.

    Depending on the broker, some may provide some details to the registry at the time of purchase - but I have found you can't rely on that.
     
    qak, 26th Mar, 2019
    #2
  3. ttn

    ttn Well-Known Member

    Joined:
    9th Sep, 2016
    Posts:
    557
    Location:
    Sydney
    Thanks
     
    ttn, 26th Mar, 2019
    #3