This is not my understanding of how Nominee accounts work normally.
Nominee accounts hold shares for clients. These clients often use their full service brokerage and get this "holding" as a service.
The investments are NOT decisions of JPMorgan or HSBC or ....
What you are talking about is more in line with a broker like Euroz, or Cannacord or ....
They work two ways - providing "in house" investment funds for clients to put dollars into (like funds) and recommending stock to clients which the client then buys, sometimes into a Nominee Account.
...
$35 million sales pipeline, page-422
Add WRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $39.41M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.1¢ | $3.152K | 101.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83966 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 10745 | 1 |
View Market Depth
| Last trade - 15.31pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
3.1¢ |
Change
0.001 ( 6.06 %) |
||||
| Open | High | Low | Volume | ||
| 3.1¢ | 3.1¢ | 3.1¢ | 18593 | ||
| Last updated 15.31pm 17/05/2024 ? | |||||
| WRK (ASX) Chart |