What are TraCRs?
TraCRs, or Transferable Custody Receipts, are securities exclusively quoted on Chi-X, the innovative securities and derivatives exchange that delivers local and global opportunities for Australian investors. TraCRs give Australian investors access to the benefits of owning US shares in some of the world’s biggest brands.
Easy to access
TraCRs are quoted and traded exclusively on Chi-X’s market. To find out how easy it is to invest in TraCRs, speak to your broker or adviser.
Traded in Australian dollars
TraCRs are traded in AUD, with dividends paid in AUD, making them easy to manage within your investment portfolio.
Best of both worlds
As a TraCR holder you have a beneficial interest in the underlying US share (and the right, subject to the terms of issue, to convert your TraCR holding into that share). You also hold an Australian security which is traded, cleared and settled in Australian dollars (AUD), under Australian regulation, during Australian trading hours.
How do I buy TraCRs?
You buy a TraCR the same way you buy other Australian securities. Before you place an order, you must have read and understood the investor fact sheet, which can be found here. Talk to your adviser or broker about how to invest, or contact one of the brokers listed below.
Announcements by TraCR Issuer
Chi-X Australia 200 Index
The Chi-X Australia 200 Index (also known as the CXA 200 Index) is a free-float capitalisation weighted index that captures approximately 80% (by total market capitalisation) of the Australian equity market. The index measures the performance of the largest 200 companies, whilst considering several criteria including free float and liquidity. Two important features of the CXA 200 Index are that:
- All index values, whether real-time or end-of-day, are calculated using transacted prices from the Chi-X Australia market;
- Only primary listings of the top 250 Australian stocks are eligible for inclusion in the index, hence CHESS Depositary Interests (CDIs) and foreign domiciled stocks are not eligible.