Hi All,
I have an investment in an iShares ETF via a CREST account which means that I have direct legal ownership of the shares as opposed to a beneficial entitlement as would be the case via the more common nominee account arrangement.
I received a notice from iShares recently saying that they are changing the way that they settle trading of their shares which will mean that I will no longer have direct legal ownership.
So I wanted to post here to let others know of this change, in case you may have missed it.
And also to ask, does anyone here know if there any way to hold iShares ETF shares directly any more or is a nominee account becoming the only option.
Many Thanks,
3CC
I have an investment in an iShares ETF via a CREST account which means that I have direct legal ownership of the shares as opposed to a beneficial entitlement as would be the case via the more common nominee account arrangement.
I received a notice from iShares recently saying that they are changing the way that they settle trading of their shares which will mean that I will no longer have direct legal ownership.
So I wanted to post here to let others know of this change, in case you may have missed it.
And also to ask, does anyone here know if there any way to hold iShares ETF shares directly any more or is a nominee account becoming the only option.
Many Thanks,
3CC