The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December.  This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.

Finding quality dividend stocks

BKI’s Tom Millner outlines his approach to finding quality dividend stocks and avoiding yield traps and how LICs can fit into investors’ portfolios.

BKI’s Tom Millner outlines his approach to finding quality dividend stocks and avoiding yield traps and how LICs can fit into investors’ portfolios.

Watch the nabtrade LICs and LITs overview video for more information about the key features of listed investment companies and trusts.