Recently, a close pal who knows I’m half decent at internet research asked me to help him out.
The guy had just moved, and lost most of his important personal paperwork relating to his shareholdings, and he was attempting to transfer his broker sponsored HIN to another broker. In other words, moving his shareholding portfolio to a newer, shinier, cheaper Australian broker… and taking advantage of $600 of free trades in the process.
Apparently it was pretty hard for the average joe to find out what your existing broker’s PID, or ASX Participant Identification Number was. He had spent hours browsing about getting nowhere, and called me in frustration.
I found it after ten minutes of poking about on the net (A long time for me) but the process is a bit convoluted, as the ASX has semi-hidden the information about how to look up broker PID in its depths.
Click on the Link at the bottom right hand side, where it says “List of participants”
That will bring up the following PDF, which changes every few days or months by the look of it, every time they do an update to the most current PID list.
Inside that PDF, there is yet another damn link, when you click on “more information” which will finally gets you to the most up to date PID and broker list you are looking for. (in this case, the 2016 PID list)
http://www.asx.com.au/communications/notices/2016/0110.16.02.a.pdf (Current PID list as of Feb 2016)
*sigh* Finally! Just search (ctrl+F) for your existing or new ASX broker name in that document to find their PID.
The document has two main fields:
- ASX(Market), ASX Clear and ASX Settlement Participants
- CHESS PID