07 Jun '11, 3am

STANDARD Chartered yesterday entered the retail stockbroking business with a bang, launching a new Internet trad...

STANDARD Chartered yesterday entered the retail stockbroking business with a bang, launching a new Internet trading service and doing away with minimum commission fees for online stock trades. In a first here, its Online Trading platform will charge fees not at a flat rate, but according to the number of stocks investors buy and sell. It will also let investors trade stocks listed in 10 countries. The new service allows retail investors to more affordably trade small amounts of counters such as social networking site LinkedIn, listed in the United States, and luxury brand Prada, soon to be listed in Hong Kong. It is an aggressive move for Stanchart, which is making its first foray into the retail securities business - not only in Singapore, but also in the more than 70 countries in which it operates. Other banks and brokerages in Singapore adopt minimum commissions. Retail...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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Asian stocks close mixed

Asian stocks close mixed

straitstimes.com 08 Jun '11, 1am

The benchmark Nikkei index fell 38.24 points to 9,404.71 by the break after rebounding on dip-buying the previous day. -- ...