Under our Terms and Conditions your shares are held by Superhero Securities Limited (Superhero Securities) 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 Securities to another broker account.
Superhero Securities 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 Securities 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.