Brokers offer access to new issues

Article Abstract:

UK investors can buy some new share issues from certain brokers. Public offers of share issues tend to be costly, and companies may prefer to attract institutional, rather than private investors. Relaxation of rules means that public offers are not compulsory for large companies. Brokers have seen this as an opportunity and are opening these offers from large companies to private investors. The Share Centre is one such broker. Investors have to pay charges and cannot gain access to all issues.

What's in a name?

Article Abstract:

Nominee accounts are affered by the majority of UK stockbrokers and are geared to streamlining administration arising from share trading. Nominee companies of brokers become legal owners of shares rather than investors who are beneficial owners. Some investors want more direct contact with companies they invest in and are concerned about shareholder perks and rights to speak at annual meetings. A Nominee Code has been set up by ProShare which seeks to promote the interests of shareholders.

Brokers court active traders

Article Abstract:

UK stockbrokers such as ShareLink are seeking to attract active traders. ShareLink has set up its Frequent Traders Club which offers services such as information on shares. The flat dealing commission means that the more often members trade the better value they obtain, and investors should deal in sums above 5,000 pounds sterling to benefit. Similar services are available from City Deal, Share Centre and Fidelity, but investors be may better off if they choose Crest sponsored membership.