did you read all the documentation that was sent as part of the setup?
comsec has a rule that allows you to place an order for the amount in your portfolio + a certain $ amount (they do not know your ANZ balance and therefore only let themselves be exposed to a relatively small risk)
from memory when i started my smsf i had to do my first lot of purchases over three tranches (wait for tranche 1 T+3 settlement, then place orders for tranche 2, wait for T+3 settlement and order last lot).. now that i have a sufficient sized portfolio in comsec trading isn't a problem, i just need to ensure there is enough in the ANZ account for the T+3 settlement
