New fees and trading conditions are up on the National On-line website. If you trade with the National check it out as there are lots of new fees. Some points listed below.
New Stockbroker
Until close of trading Friday, 9 December 2005, National OnLine Trading Limited will continue to be your stockbroker and provide you with information, trading and settlement services.
From Monday 12 December 2005, National OnLine Trading Limited will offer you access to the new National OnLine Trading service. However, from this date, information, trading and settlement services will be provided by another stockbroker, Australian Investment Exchange Limited (ABN 71 076 515 930, AFSL 241400) (“AUSIEX”).
During the transition period of 10 and 11 December 2005, access to the service will temporarily be unavailable.
Who is going to run it?
A wholly owned subsidiary of IWL Limited
and they will be the provider of online share trading
services through the website national.com.au/trading.
National Choice Package holders no longer entitled to discounts.
Please note that from 12 December 2005, National Choice Package and Private Tailored Package customers will no longer be entitled to National OnLine Trading discounts as part of their package benefits.
Prices
Standard trade $29.95. Discounts for multiple trades during the month.
Charges for information services eg. Professional trader $77 per month information charge or nil if you trade 15 times during the month.
Additional news services
Dow Jones Aus/NZ $55
Financial & Market News
Reuters Financial News $55
Access to both Dow Jones Aus/NZ
and Reuters Financial News $99
Platinum level price per month.
Platinum (incl Live Dynamic $110
Options Pricing & DDE
Add-in for Excel)
Comments anyone?
I will be moving elsewhere as they have priced themselves out of the market.
Cobby
national on-line trading fees
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