ZIP Training - Introduction to nabtrade Flashcards
1
Q
What markets does nabtrade allow clients to trade in?
A
- Domestic - Australian Stock Exchange (ASX)
- International - US, UK, Europe, Hong Kong
2
Q
What is the debt market?
A
Where you buy and sell bonds.
Example: Apple wants capital to build new phone worth $100b, but don’t want to put money upfront… so they issue $10b bonds to make it, pay back bonds plus $5b in interest, then profit the rest ($85b).
3
Q
How do ETFs work?
A
ETFs offer diversification by mirroring the performance of a specific index (e.g., S&P 200).
4
Q
What does a trust do?
A
Allow full control without ownership.
5
Q
What are 3 main accounts nabtrade clients get?
A
- Cash account
- Trading account.
- Margin lending account (NEL)
6
Q
What are some (8) nabtrade internal teams?
A
- Account management
- Front office
- Corporate actions
- Sponsorship
- Settlements
- Operations
- Risk
- Fraud detection