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DRP and HIN


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Hi All, 

Don't why IG is refusing to action/prioritise the request for dividend reinvestment plan options and a HIN.

I raised this back in 2017 (beneath) - to be told regulatory priorities were being prioritised over this capability, that was over two years ago.  

Considering the fact the trading platform does not fully work on Mac OS (charting etc) its to work out where development efforts are being directed.. I have and will continue to advise long term investors to stay away from IG - if it were not for certain US markets I would have closed my account back in 2017.

 

Also now, wanting to sign up for an IPO - no HIN available, as per beneath closed thread - they just keep on sweeping this stuff away like nothing happened or was requested.. no future request tracking or proper feedback.

Why have a community and forum and pretend to be taking feedback on board when nothing can be actioned or prioritised?

 

bosanac

 

 

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CHESS  (and it's HIN) is only used in Australia and for stocks traded on the Australian Securities Exchange whereas IG use the Custodian Model which is the global standard, can be used for any international stocks and is also more cost effective so they are not going to change. 

There is no promise but it is hoped that DRiP will be on the new share dealing platform when it arrives which can't be far away as the old platform uses Flash which is due to be discontinued by Adobe very soon.

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