Prime Brokerage
Unlock the value of your portfolio with flexible financing
Leverage
Diversify
Hedge
Our Prime Brokerage solutions provide flexible leverage for Wholesale investors looking to access liquidity, pursue new opportunities, or enhance capital efficiency.
This information is general and may not apply to your personal circumstances. Tax outcomes vary, please seek advice from a registered tax agent before acting.
Increase Returns
Access to additional capital can create higher portfolio returns.
Consider Tax Benefits
Apply potential tax deductions for interest expenses, or use borrowed funds to postpone asset sale schedules.
Unlock Portfolio Equity
Tap into liquidity without having to sell your assets.
Improve Diversification
Reduce portfolio concentration and Beta, as well as invest overseas.
Access gearing like a Margin Loan to invest in listed financial products such as Shares and ETF’s, or lodge your existing fully paid share portfolios as collateral to draw down liquidity.
Take advantage of competitive financing rates and LVRs, tailored to help you invest in Large Cap (ASX200), Small and Micro Cap stocks in Australia, as well as major offshore equity markets like the U.S. and Asia, and a range of hedging vehicles such as Futures and FX.
Fund your new account with Cash and then use leverage to increase your exposure to a range of financial products; or utilise your existing shareholdings as collateral and purchase additional assets, or withdrawal cash to utilise elsewhere.
Why Choose Gleneagle
- Gleneagle specialises in more sophisticated clients and concentrated positions outside the ASX200, whilst maintaining competitive interest rates.
- Extensive experience in ASX trading, settlement and collateral movements makes us more flexible, providing LVR’s on a range of instruments often ignored by other lenders.
- We assist company Directors, Substantial shareholders, and listed company founders with liquidity, and offer execution services through our Sydney based trading desk.
How it Works
Gleneagle’s Prime Brokerage clients have two accounts with us
The first is a standard HIN account which can be used for ASX cash market trading with cash settlement back to your nominated bank account. Fully-paid share positions or portfolios from other broker HIN’s or Issuer sponsored (SRN) stock can be easily transferred to this new account for easy collateral management and self custody without incurring any financing costs.
The second account will hold any positions utilising Leverage, or pledged as collateral for a loan. This account will attract financing charges on open positions which are calculated and posted daily.
We can transfer positions used as collateral between these two accounts as needed.
Standard HIN Account
- Used for regular ASX trading
- Provides cash settlement to your bank account
Leverage Account
- Used for positions utilising leverage
- Holds securities pledged as collateral for a loan
Who Can Apply
Wholesale, Sophisticated and Professional investors with share portfolios larger than AUD$5m.
Wholesale or Sophisticated applicants must supply evidence they qualify within the meaning of Section 761G of the Australian Corporations Act (Cth) 2001.
Fees
Our interest rates are typically lower than the Bank owned margin lenders, and can be as low as BBSW +4.25%.
There are no account keeping or maintenance fees on Gleneagle accounts, so you are never penalised for not being active or not holding any positions.
Get in touch for a discussion about your portfolio requirements and we’ll assess the best offering we can provide.
What You Need to Know
The information provided is of general nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information provided, you should consider whether the information is suitable for you and your personal circumstances and if necessary, seek appropriate professional advice. All opinions, conclusions, forecasts or recommendations are reasonably held at the time of compilation but are subject to change without notice. Investments can go up and down. Past performance is not necessarily indicative of future performance.
Increased Losses
Leverage can create larger losses and increase risks to your portfolio.
Margin Calls
Using leverage creates the risk of a Margin or Collateral call should the market move against your positions. You may be forced to sell or close investments to reduce risk against your wishes.
Loan to Value Ratio (LVR) Changes
Gleneagle’s LVRs are usually stable, but can change at any time and with no prior notice. An LVR change can cause in a Margin Call, which may result in you being forced to send us additional funds or reduce positions.
