National Bank Discount Brokerage is allowing Canadian clients to buy fixed-income securities over the Internet.
Formerly accessible only by telephone, these securities can now be traded on the Internet without having to go through a representative. Clients can log on to the bank's site and use the search function on the site to select securities that best meet their needs.
Yves Breton, president of National Bank Discount Brokerage, says the move is a direct response to customer requests for direct access to fixed-income securities.