Brief: DLJdirect opens accounts with digital signatures

Online brokerage DLJdirect has taken advantage of new US digital signature regulations to allow customers to open accounts over the Internet and begin trading immediately.

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Brief: DLJdirect opens accounts with digital signatures

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

DLJdirect has long allowed customers to apply for accounts online with no minimum deposit, but, until now, required forms to be signed and returned. The new account application dispenses with the paperwork entirely by using legally binding digital signatures to enforce online contracts.

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