What's in a name?
Article Abstract:
Nominee accounts are affered by the majority of UK stockbrokers and are geared to streamlining administration arising from share trading. Nominee companies of brokers become legal owners of shares rather than investors who are beneficial owners. Some investors want more direct contact with companies they invest in and are concerned about shareholder perks and rights to speak at annual meetings. A Nominee Code has been set up by ProShare which seeks to promote the interests of shareholders.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Brokers court active traders
Article Abstract:
UK stockbrokers such as ShareLink are seeking to attract active traders. ShareLink has set up its Frequent Traders Club which offers services such as information on shares. The flat dealing commission means that the more often members trade the better value they obtain, and investors should deal in sums above 5,000 pounds sterling to benefit. Similar services are available from City Deal, Share Centre and Fidelity, but investors be may better off if they choose Crest sponsored membership.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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