T.D. Waterhouse cuts into the discount market

Article Abstract:

T.D. Waterhouse will be one of the largest discount stock brokers in the world when it launches in November, 1999. The Australian operations, T.D. Waterhouse Australia, plans to be the lowest priced broker service in the industry. A key to the plan is the implementation of online broking, which executives expect will exceed 70% of the company's volume within a year.

United States, Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Statistical Data Included, Management, Securities industry, Company Profile, TD Waterhouse Group Inc., TWE, Struthers, Ian

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Millner wants more

Article Abstract:

Robert Millner, chairman of Washington H. Soul Pattinson, an investment company, is going to list a $100-million private-equity fund, which will cover insurance, luxury goods and health care products. The salient features of the fund are discussed.

Australia, Executive changes & profiles, Services information, Investment Offices, Investment Companies, Open-End Investment Funds, Securities issued, listed, Investment Funds & Trusts, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Listing & Registration, Officials and employees, Services, Stock-exchange, Securities, Securities listing, Company securities, Millner, Robert, Chairpersons, Washington H. Soul Pattinson and Company Ltd.

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