What does XOFF mean

[Guest magicpudding]

My 'trade history' shows that all my trades, under the heading 'venue' are 'xoff' - what does that mean?  And why haven't I ever received a shareholder certificate for any shares from CHESS or ASX?

[JamesIG]

The reason you haven't received a share certificate is because IG operates a nominee account to reduce costs of trading which are passed directly onto our client base and allow us to offer dealing as low as A$8 or 0.1% on Australian trades if you're an Australian client. You can read more about that here https://www.investopedia.com/terms/n/nominee.asp

In regards to your second question regarding your statement, I'll point @JasmineC who works in our Aus office who should be able to comment on that. 

[knicol46]

The venue XOFF just means the trade was traded OFF a main exchange - probably over the counter between 2 parties without any exchange participation.  XLON for example would mean traded from the London Stock.  A useful for page for more codes and information.. https://www.londonstockexchange.com/prices-and-markets/prices-help/trade-type.htm

[Guest Bio power]

On 24/07/2018 at 08:20, magicpudding said:

My 'trade history' shows that all my trades, under the heading 'venue' are 'xoff' - what does that mean?  And why haven't I ever received a shareholder certificate for any shares from CHESS or ASX?