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.
How do I authorise someone to access my account?
To give someone access to your domestic trading account you will need to complete and return the Authorised Person Form via forms@nabtrade.com.au. Please ensure the form is signed by all Account Holders, as well as the Authorised Person.
The Authorised Person will need to complete an identity verification check when setting up their profile. For existing NAB customers, make sure to have their NAB Identification Number (NIN) handy. This number can be found on the back of their credit/debit card. Non-NAB customers will need to provide either an Australian driver’s licence or passport.
IMPORTANT: Authorised persons are not eligible to transact on cash accounts or international trading accounts.
