The United States is home to two of the largest exchanges in the world by market capitalisation the New York Stock Exchange and NASDAQ, other exchanges within the US include AMEX, NYSE MKT. The most widely used indexes referencing the US stock exchanges are the DOW Jones Industrial average (DJI), the NASDAQ and the S&P 500.
Some of the largest and most well-known listed stocks include Apple (AAPL), Google (GOOG), Facebook (FB), Coca-Cola (KO), International Business Machines (IBM), Intel (INTC), Microsoft (MSFT), Nike (NKE), and General Electric (GE).
|Trade Size||PhillipCapital||CMC Markets||CommSec|
|$5,000||US $6.00||AU $19.95||US $19.95|
|$10,000||US $6.00||AU $29.95||US $29.95|
|$100,000||US $6.00||AU $341||US $341|
|$1,000,000||US $6.00||AU $3,410||US $3,410|
* Prices as at August 2019
|Online Trading||Offline Trading|
|United States (NASDAQ, NSYE-MKT, NYSE)||Flat Rate||US $6.00||0.60%||US $60.00|
Note: Exchange fees are exclusive of GST, may be subject to change without prior notice. Share Trading Fees outlined are for execution only, fees for advisory services may differ and should be discussed with your Private Client Adviser. Custodian charges may apply.
Compare brokerage fees across all markets here.
|Securities and Exchange Commission (SEC) Fees||0.00221% (Sell trades)|
|Financial Transaction Tax||0.3% (Buy trades only, applicable for French ADRs with market cap >= EUR 1 B) 0.1% (Buy trades only, applicable for Italian ADRs with market cap >= EUR 500 M)|
|American Depositary Receipt (ADR) / Depositary Receipt (DR) Fee||Varies for each country|
|Trading Activity Fee||USD $0.000119 per share for each sale of a covered equity security, with a maximum charge of USD $5.95 per trade|
|Australia Time AEST||12:30am – 07:00am|
|United States Eastern Time||09:30am – 04:00pm|
|Settlement Cycle||T+2 Market Days|