You also have the ability to purchase a range of different securities. Below, is a list of the type of securities that can be monitored in Stockmarket Plus, and also an example of each one.
- Equity – a normal Share traded on an exchange such as Telstra or Wesfarmers
- Warrant – a long term option contract issued by a third party and traded on the equities market
- Option – a contract between two parties that gives the holder the right, but not the obligation to buy or sell a security at an agreed price
- Trust – for the input of Managed Funds – e.g. Colonial First State Balanced Fund
- Bond – a form of debt and are issued for a period of more than one year. Governments, local governments, water districts, companies and many other types of institutions sell bonds.
- Debenture – another form of debt, similar to a bond, which is normally issued by companies and the lender is paid interest
- CFD – a Contract for Difference is simply an agreement to exchange the difference in value of a particular share between the time at which a contract is opened and the time at which it is closed
Note: If you purchase a Bond or Debenture you will be prompted to add a Payment Schedule to calculate your interest component.