7/3/2003 6:23 AM EST
Eurotrade Securities S.A. in Luxembourg has cut the minimum commission
for Internet trading to SEK 99, with effect from July 1st. Eurotrade is
a Discount Broker and offers Internet trading and personal brokerage
services.
"By cutting the minimum commission to SEK 99 from SEK 200, we are
improving our offer and become a much more competitive alternative in
comparison to the Swedish Internet brokers Nordnet, Avanza and E*trade",
says Anders Thonning, General Manager at Eurotrade.
Launches trading in Danish and Norwegian shares
Eurotrade now offers trading in Danish and Norwegian shares via the
Internet and personal broker services, with effect from July 1st. The
trading is totally integrated with Swedish shares. With this new service
Eurotrade is positioning itself as a very competitive alternative to
Internet brokers in Denmark and Norway, such as Nordnet, Stocknet,
Netfonds and E*trade. The minimum commission for trading in Danish and
Norwegian shares is DKK 99 and NOK 99.
"Danish and Norwegian citizens living abroad did not have any cost
efficient alternative to local Internet Brokers until now. In Denmark
and Norway the interest in Swedish shares is high, which makes Eurotrade
an even more interesting alternative. Eurotrades commission for trading
in Nordic shares is now down to as low as 30% of the commission that
some of the big Nordic banks in Luxembourg are offering", says Anders
Thonning, General Manager at Eurotrade.
Eurotrade is part of the Nordnet Group and can therefore provide its
client with leading technical solutions for securities trading over the
Internet.
For more information please contact:
Anders Thonning, General Manager at Eurotrade, tel: +352 568 444,
email:
Eurotrade Securities S.A. is a fully owned subsidiary to the Nordnet
Group. Nordnet is the largest Internet broker in the Nordic region.
Nordnet AB (publ) is listed on the Stockholm Stock Exchange. Nordnet
have operations in Sweden, Denmark and Norway under the name Nordnet,
and under the name Eurotrade Securities S.A. in Luxembourg.