Day Trader’s Aftermarket Lounge 17 Sep 2020, page-62

Hi Rick

I just started with IG (small STT not big $$$) so I am learning as well. So far so good. To answer your questios

Under Share Trading with IG, shares purchased are held by Citi in a direct custody capacity. Australian shares purchased through IG are registered in CHESS under Citicorp Nominees Pty Limited, with a CHESS Participant Identification Number (PID) 20018. They are held on the client's behalf by Citibank Pty Ltd.

and the rights issue https://www.ig.com/au/help-and-supp...shares-position-if-the-company-offers-a-right

Hope this helps

B