For Anti Money Laundering (AML) purposes, the account on behalf of which you wish to bid must be Approved in the Syndex system. All related individuals (such as trustees or directors) must be identity verified.
Please contact either Syndex or your issuer if unsure.
of the Exchange while logged in to your portal. It only shows offers that meet your investment criteria, including wholesale/eligible investor status and market preferences.
Click on the name of an offer and review the scheme’s details and its official disclosure documents. If you have read and understood these details and have enough information, head back to the exchange and click Bid.
If you have not already paid the annual NZ$60 fee to use the exchange, click Payment to go to the payment page.
Place your bid. You will receive a confirmation email and will be notified if you are out-bid or your bid is accepted.
on the Dashboard or Bids/Applications page of your portal, select a Bid to manage and see all details.
In the Bid Details section on the left, you can update the bid amount and bid end date. Click the green button to update. You will receive email confirmation.
the offer price, it will automatically be accepted and the listing will close. All other bids will be set to inactive.
Either click on the bid notification in the My Messages box to the right of your Dashboard. The message will display in a popup. Or Click View All My Messages and pick the group related the listing to display all messages.
Beneath every message is a comment box. Type your comment, and then click “Add Comment” to submit. You will be notified of any response to your comment via email.
Once the issue manager agrees to the transfer, the buyer and seller can accept and begin the transfer process
All persons related to the buying and selling accounts must agree to the transfer before it can go ahead.
The seller contacts the buyer to arrange the transfer of funds. The entire process is peer to peer with Syndex’s support as needed.