"The application FSG wrapped both products up in the one form...so clients thought they were getting the equity finance product and could use the securities lending product if they chose to in the future."
That is a great point ABN.
Not only did they do that they then switched the meaning of the words LENDER and BORROWER to be the opposite of who you might think they would refer to. Even though they describe the product as like MARGIN LENDING, I as a client was referred to as a LENDER and Opes were the BORROWER even though the while point of opeing a margin account is to LEND money.
"The application FSG wrapped both products up in the one...
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Last
$28.82 |
Change
-0.340(1.17%) |
Mkt cap ! $86.72B | |||
| Open | High | Low | Value | Volume |
| $29.36 | $29.45 | $28.82 | $157.1M | 5.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24121 | $28.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.84 | 2748 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |