Nominal benefits
Article Abstract:
United Kingdom investors tend to have strong feelings about nominee accounts. The proportion of private investors surveyed by Investors Chronicle who use nominee accounts has remained stable at 35%, the same level as 1995 and a 1% drop in relation to 1996. Opponents of nominee accounts are concerned about loss of stockholder rights, problems with transparency and control, and having to be linked to a single broker. Rights of nominees are being studied by the UK government.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Wheels within deals
Article Abstract:
Dealing in stocks is straightforward in the United Kingdom, and execution-only brokers need few details from sellers of stocks. Details are noted on a deal sheet in order to comply with regulations. Limit orders involve dealing at a set price, which may involve waiting. Best orders involve dealing at the best price available at any given moment. Settlement time vary according to brokers, and investors may need to wait some weeks before stock certificate reach them.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Delays hit performance benchmark. The best of brokers. A guide through the labyrinth
- Abstracts: If the benchmark fits, wear it? Trading places
- Abstracts: Agencies perfect their pitch. The devolution effect. RDAs for England stir controversy
- Abstracts: Settlement, tax and non-synchronous effects in the basis of U.K. stock index futures. Asymmetric information, dividend reductions, and contagion effects in bank stock returns
- Abstracts: From our man in the House. What hole? The tightening that never was