- South Africa
- Gauteng
- Financial Activity
- EasyEquities
EasyEquities - Gauteng
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Company name
EasyEquitiesLocation
Contact number
Website address
Working hours
- Monday: 9 am - 5 pm
- Tuesday: 9 am - 5 pm
- Wednesday: 9 am - 5 pm
- Thursday: 9 am - 5 pm
- Friday: 9 am - 5 pm
- Saturday: Closed
- Sunday: Closed
Establishment year 2014
Employees 101-250
E-mail address
Listed in categories
Company description
The EasyEquities platform allows users to invest in both whole shares and fractional share rights (FSRs). GT247.com serves as an agent for the purchase of whole shares, meaning that the investor is the rightful owner of those shares, entitled to dividends, corporate action participation, and all the benefits/risks that come with share ownership. With FSRs, GT247.com acts as the principal to a contract for difference given to the investor, providing them with the same economic benefits/risks of share ownership (including price movements and dividends) without actual ownership rights. Unlike whole shares, FSRs do not carry any voting rights. As the investor continues to invest in FSRs and eventually has a whole share, the contract for difference is closed out and the investor is given the