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Author Topic: Corretora SaxoBank: zero commission  (Read 2035 times)
GiaMa
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« on: October 18, 2006, 03:17:41 AM »

Espero tambem que alguma corretora Italiana e Brasiliana poderia fazer isso!
(SaxoBank è ja muito bem conhecida para qui opera no forex).



Saxo Bank announces zero-commission trading on Danish shares

Gentofte, 18 October 2006: Effective 1 November, Saxo Bank will
abolish the minimum ticket fee and percent commission on Danish
stocks, becoming the first Scandinavian bank to move to
zero-commission online share trading.


Saxo Bank's announcement comes nearly a year after the online bank
launched a fierce price war on Danish share trading, pitting it
against traditional Danish retail banks that had long dominated
the domestic market and revolutionizing price options for Danish
online traders.

"We regard Saxo Bank as a market trendsetter in many respects, and
have opted to take the lead in this matter as well, by extending an
offer to our customers to trade stocks online free of charge on the
local market. This places us at the absolute global vanguard in
passing along the benefits of increased competition and better
efficiency in online trading to consumers
," says co-CEO Lars Seier
Christensen.


Last week, Bank of America announced that it would introduce free
online trading to selected clients on the US market. Saxo Bank's
announcement marks the first such move on the Scandinavian market,
placing the bank at the global forefront of a trend toward shrinking
commissions.

Adds co-CEO Kim Fournais: "We had actually considered moving to
zero-commission for quite some time, based on our belief that the
market as a whole is headed toward smaller and smaller commissions.
When we saw Bank of America's initiative, and witnessed for ourselves
the huge level of interest it generated in Denmark, we decided not to
wait any longer."

Lars Seier Christensen offers that while Saxo Bank will first
evaluate the results of zero-commission trading on the Danish market,
there is a distinct possibility for further rollouts of the concept
in other countries, possibly throughout Scandinavia.


Saxo Bank's zero-commission trading offer extends to existing Danish
retail clients as well as new clients with a minimum account balance
of DKK 50,000. These clients can trade online with zero-commission up
to 50 times per month on the Danish stock market.
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