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Think that is in regards to call and put options mate. Our...

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Riijkard

4,550 Posts.

108

11/04/24

13:14

Post #: 73295933
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Originally posted by LivithiuM: ↑

I have tried calling Commsec and after a while they directed me to computershare who again, after a while, directed me to EUR. After calling EUR they stated that the person who could answer my questions just went into an hour long meeting regarding this issue.

I have always thought that T+2 is the settlement date and therefor the record date of share purchase. But even Commsec website is not clear as I found this on their FAQ:

"When will I need to settle my Options trades?
Settlements relating to Exchange Traded Option trades, assignment fees, Options margin obligations all settle on T+1 (one ASX settlement day after trade execution).All trades on an Exchange Traded Options Account must be settled through either a Commonwealth Direct Investment Account (CDIA), a Commonwealth Bank account, or a CommSec Margin Loan."

"The ASX requires settlement on a T+1 basis for Options trading. You must have sufficient funds in your linked bank account before 9am on the morning of T+1 so that we can meet this obligation. If any trades are not settled on time, CommSec may use its discretion to close any of your Options positions."

So I am not sure...

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Think that is in regards to call and put options mate. Our options settle like a normal share.

EUR Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $69.90M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	8183	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	1062376	1

View Market Depth

No.	Vol.	Price($)
1	8183	0.055
2	302000	0.049
6	1493332	0.048
3	61196	0.047
3	128555	0.046

Price($)	Vol.	No.
0.052	1062376	1
0.053	220345	3
0.055	113410	2
0.056	57055	2
0.058	436975	4

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