CommSec releases active online dealing system

CommSec releases active online dealing system

CommSec, the stockbroking subsidiary of Australia's Commonwealth Bank, has launched an online trading platform specifically designed for active independent share traders.

CommSec says its research shows the number of independent traders has increased by almost 20%, with the majority choosing to use online broking facilities.

The new platform - CommSec Professional Trader - enables investors to research, monitor and execute trades online in real time. The system includes dynamic data, real time market information and company announcements, research, detailed account information and provides straight-through processing (STP).

Michael Blomfield, general manager, CommSec, says: "Investors can track what's happening in the market, react quickly to opportunities and organise information with a suite of sophisticated but easy-to-use tools."

Professional Trader is available free of charge to CommSec clients who trade 15 or more times per quarter. CommSec says occasional investors can subscribe for $77 per month.

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