21 October 2017
Register now

Abbey National launches cut-price online share dealing service

07 January 2003  |  8856 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  |  3679 views  |  0 comments
Abbey installs DataSynapse peer-to-peer grid technology

Abbey installs DataSynapse peer-to-peer grid technology

12 November 2002  |  5244 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com visit www.niceactimize.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9145 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8736 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7851 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7343 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6958 views comments | 14 tweets | 23 linkedin

Featured job

circa £250K total package
London

Find your next job