Please note: before placing a buy order on behalf of a client, their application must be approved and their account funded. This article is intended for financial advisers using the Selfwealth Adviser Platform.
To place a buy or sell order on behalf of a client using the Selfwealth Adviser Platform, follow the below steps:
1. Click My Clients on the left-hand navigation bar.
2. Click the name of the client you wish to submit a trade for.
3. The client name should now be displayed on the left-hand navigation bar. Confirm you've selected the desired account, then click Buy or Sell Stock (you may need to scroll down to see this).
4. This will bring up the 'Place Orders' screen. Enter the ticker code or name of the holding you wish to buy/sell in the 'Search Stock' field. Results will be for both ASX-listed and international equities.
5. Select whether you wish to place a buy or sell order (in this example we will place a buy order).
6. Select the 'Destination' market. For ASX orders, you can choose between 'best market' and 'ASX Centrepoint*.
7. Indicate the number of shares you wish to buy/sell. You do this by either 'quantity' or 'value' using the drop-down menu (1). Enter your desired quantity/value in the corresponding box (2).
8. Select your desired 'Price Type'. In this example, we will be placing a 'limit' order, which means we will also need to enter our limit price.
9. Choose your 'expiry type'. For ASX orders, you have a choice between 'day only' or 'good till date'. In this example, we have chosen 'good til date' and specified an expiry date for the order.
10. When you are ready to submit your order, click 'Review Order'.
11. You will be shown an order quote, including the total consideration, brokerage fee and adviser fee. To submit the order to market click Confirm Order.
When your order is submitted, you will be redirected to the 'Order Details' page. You can track, edit or cancel your order from here. You can view 'Order Details', or edit/cancel the order at any time by clicking this link and following the instructions.
*Orders placed on ASX Centrepoint must be submitted by a financial adviser and not the client. Pricing must be in 0.5c (i.e. $0.005) increments for all Centrepoint trades if the price type is 'limit'. For more information on ASX Centrepoint please visit this page.