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Sanford is the first broker in Australia to offer investors
Exchange Traded Options online with one of the most advanced
trading facilities available.
Trading in Options and Warrants is not as straight forward as
trading in shares. First time traders are therefore encouraged
to take advantage of the educational
overview and Frequently
Asked Questions provided on the web site.
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Covered call
facility
Sanford now offers you a Covered Call Option Writing facility
at standard ETO brokerage rates. This service gives you
the trading flexibility to write call option contracts
against stock that you own. For more information please
view our education
page
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Online trading
Sanford is currently the only Australian broker that allows
you to trade Exchange Traded Options online. Option traders
are able to trade all long position, calls or puts. For
more information please view our education
page
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Low brokerage
rates
Sanford offers one of the most competitive brokerage rates
in the Options markets, starting from as low as $38.45
(inc.GST), plus OCH fees ($1.12 per contract). There is
no stamp duty payable for option trading. When exercising
options, discount phone brokerage rates apply ($43.95
or 0.11%) plus an OCH fee of $0.55 per contract.
- If you would like more information,
please contact our Derivatives Customer Service Officers
on 1300 360 892 and select 4 (four) for Derivatives,
or alternatively you can email at: derivatives@sanford.com.au.
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