Jarden Direct

[huxley]

Dear xxxx

This year, we’ll be moving your investments from Jarden Direct to Hatch. This is the investment platform owned by Jarden and FNZ. We’ll be sending you important updates throughout 2024. But for now, there’s nothing you need to do.

What does moving mean for me?
We’re building new financial products on Hatch to help you grow and manage your wealth. On the Hatch platform, we will:
Manage and safeguard your transactions and holdings
Inform you of corporate actions
Look after your reporting and tax requirements
And it’s not goodbye to your friendly Jarden Direct team either. They’re moving with you to Hatch. So you’ll know the people behind the platform, and they’ll continue to give you an exceptional experience.

What happens next?
We’ll give you plenty of time to understand what moving means for you before we make any requests. In the coming months, we’ll ask for the following:
Your consent to move your cash and securities to Hatch
You to review and accept new terms and conditions (T&Cs)
And we’ll take care of everything. There’s nothing else you’ll need to do.

Where can I get my questions answered?
We’re here to guide you every step of the way, and we’ve answered some of the questions you might have here. If you have a question we’ve missed, please ask our team at info@jardendirect.co.nz

Kind regards,
The Jarden Direct and Hatch team

[blackcap]

Dear xxxx

This year, we’ll be moving your investments from Jarden Direct to Hatch. This is the investment platform owned by Jarden and FNZ. We’ll be sending you important updates throughout 2024. But for now, there’s nothing you need to do.

What does moving mean for me?
We’re building new financial products on Hatch to help you grow and manage your wealth. On the Hatch platform, we will:
Manage and safeguard your transactions and holdings
Inform you of corporate actions
Look after your reporting and tax requirements
And it’s not goodbye to your friendly Jarden Direct team either. They’re moving with you to Hatch. So you’ll know the people behind the platform, and they’ll continue to give you an exceptional experience.

What happens next?
We’ll give you plenty of time to understand what moving means for you before we make any requests. In the coming months, we’ll ask for the following:
Your consent to move your cash and securities to Hatch
You to review and accept new terms and conditions (T&Cs)
And we’ll take care of everything. There’s nothing else you’ll need to do.

Where can I get my questions answered?
We’re here to guide you every step of the way, and we’ve answered some of the questions you might have here. If you have a question we’ve missed, please ask our team at info@jardendirect.co.nz

Kind regards,
The Jarden Direct and Hatch team

The interesting thing is the wording: "This year we will be moving your investments". Actually no Jarden. You don't own or have control over my investments and will not be moving them anywhere. They are held via CSN. You can keep your dirty hands off them.

[pedro.nz]

Thanks for this news Huxley, first I have heard of it. I’m a regular user of Hatch so will suit me very well…

[peat]

Hate all this platform jumping … and as prev poster says my securities aren’t under your control, only the cash sidelined

[GTM 3442]

Hate all this platform jumping … and as prev poster says my securities aren’t under your control, only the cash sidelined

Aren’t non-New Zealand securities bought via Jardens held in their custody system?

[miner]

So with JD you can do T+2 but you can't run a stop loss,so went ASB as they said they also do T+2 and you can run a stop loss.Great I thought until I went to do a T+2 trade and they say insufficient funds in my account.So give them a ring and am told there T+2 is how long it takes to settle the trade .This is a waste of time for day trading so does anyone know of an NZ broker with T+2,stop loss and a half decent site ?.ASB is also Fing useless as it keeps logging you out if you don't keep the page active for 5mins .JD told me when the new site is up and running it will have a stop loss feature,but that's months away .

[t.rexjr]

So with JD you can do T+2 but you can't run a stop loss,so went ASB as they said they also do T+2 and you can run a stop loss.Great I thought until I went to do a T+2 trade and they say insufficient funds in my account.So give them a ring and am told there T+2 is how long it takes to settle the trade .This is a waste of time for day trading so does anyone know of an NZ broker with T+2,stop loss and a half decent site ?.ASB is also Fing useless as it keeps logging you out if you don't keep the page active for 5mins .JD told me when the new site is up and running it will have a stop loss feature,but that's months away .

T+2 but you either have to have cash funds or a settlement of that amount incoming from a trade. Not sure there are any platform that trades on tick.

[blackcap]

T+2 but you either have to have cash funds or a settlement of that amount incoming from a trade. Not sure there are any platform that trades on tick.

No you can buy on tick and pay 2 days later. But generally they charge a higher brokerage amount. That used to be the way anyway.
I know i have sometimes gotten a mail from Jarden saying my account was overdue.... T plus 2 in action. The last one a few weeks ago.

[peat]

yes I had an order only partially filled at my limit price today, and probably remaining part of the order wont be filled as priced moved up , I think you have to take it on the chin Keith, if you dont want to complete the order at market.

[RTM]

yes I had an order only partially filled at my limit price today, and probably remaining part of the order wont be filled as priced moved up , I think you have to take it on the chin Keith, if you dont want to complete the order at market.

Yep I agree. It’s damn annoying tho. Wish someone like Interactive Brokers would come and play in our market. I’d be with them in a flash.