Brokers must mend their ways to survive

Article Abstract:

It is vital that stockbrokers focus on establishing what private investors really require, rather than merely competing to provide the cheapest, fastest dealing service. The mystique that traditionally surrounded stockbroking has now almost completely disappeared, and commission charges have fallen rapidly. Everybody now has access to the information required for buying and selling shares, and it is possible to make instant decisions without the assistance of a stockbroker. New stockbroking services generally insist that investors use nominee accounts, which distances investors from the companies in which they hold shares.

Security brokers and dealers, Securities Brokerage, Stock Brokerage, Stockbrokers, Column

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Make money go round the world

Article Abstract:

Transferring money abroad can still be a very complex process if the ordinary banking system is used. However, more rapid services are offered by Western Union and Thomas Cook.

Functions related to deposit banking, Other Telecommunications, Money Transfer Telecom Services, Electronic funds transfer systems, Money transfer

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