20 August 2017
visit www.avoka.com

Abbey National launches cut-price online share dealing service

07 January 2003  |  8802 views  |  0 Abbey National Exterior

UK bank Abbey National has launched its nominee-based share dealing service Regular Trader over the Internet.

Charges for buying and selling shares online start at just £9.99 for transactions valued at under £1000, and £12.50 for deals over £1000. Abbey says the fees are among the cheapest on the high street, where broker charges typically run to £40 for shares over the value of £5,000.

Investors using the service to buy or sell shares online are given the latest 'live' price and can immediately execute the trade during market hours, says Pak Chan, head of investments marketing at Abbey National.

He adds: "The Regular Trader Service provides the security of dealing with one of the UK’s major banking groups along with the cheapest charges of any high street broker."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Länsförsäkringar Bank contracts with OM for online sharedealing

Länsförsäkringar Bank contracts with OM for online sharedealing

14 November 2002  |  3642 views  |  0 comments
Abbey installs DataSynapse peer-to-peer grid technology

Abbey installs DataSynapse peer-to-peer grid technology

12 November 2002  |  5200 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.eudownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9505 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8059 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7621 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7196 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
6799 views comments | 14 tweets | 13 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job