ANZ internet banking helps E*Trade
15/03/2010
ANZ’s online brokerage E*Trade Australia is expected to open up several overseas sharemarkets, including Singapore and New York. E*Trade will undercut rival CommSec on fees for international trades. There are 2 million people with online trading accounts in Australia and growing fast.
Commonwealth Bank's CommSec has more than 50 per cent of the market, and E*Trade accounts for more than 25 per cent. E*Trade’s customer growth has increased ''sixfold'' after ANZ allowed banking customers to directly access their trading account, rather than going through a separate site.
Source: Sydney Morning Herald
Previous Article Next Article
