How do I register my ownership of shares on the CHESS Subregister? What is a CHESS Sponsor?
Firstly, you need to enter into an agreement (known as a sponsorship agreement) with a CHESS Sponsor. A CHESS Sponsor is typically a broker who is connected to the CHESS computer system. Your CHESS Sponsor will register you on the CHESS Subregister by opening a CHESS account in your name. ASX will send you a notice confirming your CHESS registration and advising a CHESS Holder Identification Number (HIN). You can then arrange through your sponsoring broker for shares acquired subsequently to be added to your account.
