nabtrade has today announced its customers can access the ASX BookBuild facility, meaning they’ll have access to more initial public offerings (IPOs) and capital raisings. nabtrade General Manager, Nathan Walsh said customers would now have the chance to participate in a greater number of IPOs and capital raisings and will benefit from not having to pay brokerage or stamp duty on these transactions. “This is a great opportunity for nabtrade customers to access investments that have at times been historically difficult to access,” Mr Walsh said. “After speaking to our customers, it was clear that they wanted more access to more primary market transactions.” “We’re very proud to be the first bank aligned broker to give our customers access to the ASX BookBuild facility, and this further demonstrates our support for Australian financial technology companies.” Click for full media release: (VIEW LINK)
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