EUROPE: JIWAY'S FEE FOR SHARE TRADING FACILITY

Article Abstract:

Jiway will impose a Euro 7 fee on retail brokers in the UK, Sweden and Germany using its new online share trading platform. Jiway, which is a joint venture between Morgan Stanley Dean Witter and OM Gruppen, plans to launch the platform in November 2000, offering small investors a one-stop shopping service in cross-border stocks. The fee, for implementing, clearing and settling an equity order, will cover 6,000 listings on seven bourses across Europe as well as the US-based Nasdaq.

Securities Dealers, Securities & Commodities Exchanges, Investment Banking and Securities Dealing, Securities and Commodity Exchanges, New capacity, new plant construction, European Union, Security and commodity exchanges, Security brokers and dealers, Securities industry, Jiway

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UK: ASHFORD-RUSSELL FUND ATTRACTS CALEDONIA

Article Abstract:

Caledonia Investment is purchasing a 20% stake in the fund management company being set up by Brian Ashford-Russell, David Magliocco and Tom Woolley . All three men are leaving Henderson Investors and plans to launch the new business early in 2001

United Kingdom, Financial management, Unit Trusts (Oil, etc), Other Financial Vehicles, Trusts, Planning, Investment companies, Unit investment trusts, Caledonia Investments PLC

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