Investors left counting the cost of Crest

Article Abstract:

Crest is an electronic stock settlement system which has been launched in the United Kingdom and which has been blamed for rises in dealing charges. Brokers which have increased commissions include James Brearley, YorkShare and Robson Cotterill. Brokers claim that Crest involves more administration, and the fee level of network providers is also a problem for brokers. Private investors are hit by the increase in dealing costs whoever is to blame for the rise.

Securities dealers

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On the Crest of lower charges

Article Abstract:

British stockbrokers' charges for Crest personal membership are examined in detail. Crest is the settlement system used in Britain.

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Web to slash self-select Isa charges

Article Abstract:

The impact of online broking on charges for self-select individual savings accounts for the British market is examined in detail.

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Economic aspects, Online services, Internet services

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