What are the benefits of opening a Macquarie CMA?
Lower costs require the lowering of risks. Opening a Macquarie CMA may take a little longer, but we pride ourselves in ensuring it is for your safety.
Some of the benefits of having a linked Macquarie CMA just for Marketech settlements:
- We are able to display your daily cash balance via our trading platform;
- Seeing your cash balance on the trading platform can prevent you from buying stock with money you don't have;
- Displaying your cash balance on screen is a convenient way to monitor your intraday Available Cash. As you trade throughout the day, this will be updated based on your buys and sells. If you sell stock, it will increase and vice versa;
- It reduces the risk of a trade not settling on time. Your linked Macquarie CMA allows for real time settlement (T+2) meaning debits and credits are processed immediately on settlement date; and
- You can easily track your share trading transactions.