ANZ Share Investing transitions to CMC Markets platform
Australia and New Zealand Banking Group Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 11 005 357 522
News Release
For Release: 16 September 2021
ANZ Share Investing customers to transition to CMC
Markets platform
ANZ today announced it had reached an agreement to transition customers from its ANZ
Share Investing platform to a CMC Markets-branded platform.
The agreement is in line with ANZ’s strategy to simplify the bank and customers will begin
to see CMC Markets branding on the platform over the next 12 to 18 months.
CMC Markets has provided a share trading solution under the ANZ Share Investing brand
since 2018. At the end of the transition period ANZ will no longer receive revenue from
share investing activities.
ANZ will continue to manage and provide cash management solutions to share investing
customers.
In April, ANZ stated in its first half financial disclosures that the share investing business
had been reclassified as held-for-sale
1
. The revenue ANZ receives from share investing
activities is not material.
For media enquiries contact:
Nick Higginbottom
Senior Manager Media Relations
Tel: +61 403 936 262
Approved for distribution by ANZ’s Continuous Disclosure Committee
1
As a result of the reclassification, in the half year ended 31 March 2021 ANZ recognised a loss after tax of $251
million relating to the write-down of goodwill attributable to the business. This had no impact to Common Equity
Tier 1 (CET1) capital as it resulted in an equivalent reduction in capital deductions.
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