Share investments are often held by custodians. Who are they

Share investments are often held by custodians. Who are they, what do they do and are they safe?


Share investments are often held by custodians. Who are they, what do they do and are they safe?
Posted
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updated
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MarMarch 2021 at 8:56pm
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(Michael Janda)
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Australia's biggest broker, CommSec, said the number of first-time traders more than doubled.
Data from the financial regulator, ASIC, shows a record 110,000 share-trading accounts were opened in March alone, as Australia went into lockdown and share prices bottomed.
The fad has continued into 2021, with another 51,000 accounts opened in January.

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