Trade shares in 1 second or trade for free

When you trade shares you want immediate results with no hassles.

So how can you be sure that your trade will be placed on the ASX as quickly as possible?

You can be sure with Bell Direct because we guarantee it!

1 second Placement Guarantee

When you trade, speed is everything. So we guarantee it.

When you place an eligible 'Market to limit' order we guarantee to place it onto the ASX in under 1 second - guaranteed. If not, your trade is free – you pay zero brokerage on that trade.

It's that simple. And we're that fast!

What's an eligible 'Market to limit' order?

• New 'Market to limit' orders, ie orders to buy or sell at the current market price at the time the order is placed
• The order is in relation to CHESS-sponsored:
  • Equities
  • Interest rate securities or
  • Warrants
• Orders which pass our Straight Through Processing filters set, as required to meet our ASX obligations
• Orders placed via our website, WebIRESS or iPhone App
• Orders received during ASX market trading hours, where the Security to be traded is in 'Open' status

Which orders are excluded?

• 'Limit' orders
• 'Market to limit' orders which fail the Straight Through Processing filters test. This includes but is not limited to orders that fail the STP test due to multiple buy/sell orders for the same security
• Orders placed via the telephone or SMS
• Amendments and cancellations
• Orders for non-CHESS Securities
• Orders received when the market or stock is not in 'Open' status or normal trading
• The 1 second Placement Guarantee does not apply to orders that are entered during communications or other systems interruptions

You can read more about our 1 second Placement Guarantee in the Bell Direct Terms and conditions.

How is the speed calculated?

Placement speed is calculated from the time Bell Direct accepts your order to the time of placement to the market.

How can you check the timing of your order?

We'll display the details of your eligible orders in our Eligible Orders Scorecard. You'll see exactly which orders were subject to the guarantee and how they each fared.

You can find the Eligible Orders Scorecard in the 'Orders' section under 'Placement Guarantee'.

We'll also let you know very clearly whether the guarantee was met on your contract note and if your order is not placed within 1 second you will automatically pay zero brokerage.