Are my shares secure with Superhero?

by

Superhero Team

May 25th 2021 3 minute read

Under our Terms and Conditions your shares are held by Superhero Nominees Pty Ltd (Superhero Nominees) as custodian, not by Superhero Markets Pty Ltd (Superhero Markets), the company that operates the trading platform. 

In an unlikely scenario where Superhero Markets was no longer operating, your shares could be transferred by you from Superhero Nominees to another broker account. 

Superhero Nominees is not able to exercise any rights attached to the ownership of your securities, including disposing of, or otherwise dealing in, your securities, unless you instruct Superhero Nominees to do so.

The shares purchased within your Superhero account are yours and cannot be accessed by others, including claims from any creditors of Superhero.

If you want to learn more about Superhero’s structure, please refer to our Terms and Conditions, including the Nominee Terms at Schedule 1.