Share Organiser Account (Nominee account)

Our Share Organiser Account allows you to buy and sell shares, quickly and simply via our online trading area. 

Subject to status you may also be given a dealing limit of up to £10,000.  In addition, 50% of the value of settled stock held in your account can be added to your dealing limit.

You can also trade over the phone and our dealers will quote a price before executing your trade.

Contract notes for the Share Organiser Account are normally sent out within one working day of the transaction. Please examine each contract note as soon as you receive it, and advise us of any discrepancy immediately. If the contract note does not reach you promptly, please ask us to send you a duplicate.

Custody of your stocks and shares

We hold your securities on your behalf, which provides a number of advantages for you. It reduces your administration, hence there’s no waiting around for share certificates before you can sell, and provides greater security for your shareholdings. It can also help facilitate shorter settlement periods, meaning you get access to sale proceeds quicker. Your shares will be held in a pooled nominee account operated by Pershing Securities Limited.

Pershing Securities Limited is a specialist in providing settlement and clearance services for share trading.  Abbey Sharedealing uses Pershing Securities Limited to handle all it's settlement and custody.

Corporate actions

If a corporate action such as a takeover or a rights issue is announced by one of the companies in which you hold shares, you will be informed by post. Some events require no action, but on occasion we may need a decision from you; all you then need to do is notify us of your instruction on 0800 389 2425, and we will act accordingly on your behalf.