EStar records first trade at 53c.

Estar listed on the ASX today at 12.30pm, recording its first trade at 53c. From there it was downhill until it hit 40c around 1.20pm and stabilised around the 45c mark.

Estar is the latest online broker to list on the ASX after Sanford Securities successfully listed on 1st August. The next to list will be e-shares Corporation Ltd who are looking to offer the services of an investment bank in addition to online trading.