Business Services Industry
Look for a broker that will stick around.
Australasian Business Intelligence, January, 2002
Jan 5, 2002 (The Australian Financial Review
ABIX via COMTEX) -- Australian investors are advised to shop around for the right online stock broker in January 2002. Reliability and high quality advice and service are crucial. The broker offering the cheapest transactions may not turn out to represent the best value. The key is to find one that offers research and a high level of customer service. It is also important to find one that is going to be around in the long term. Among the brokers to close or sell their Australian operations are Charles Schwab, Merrill Lynch and Credit Suisse First Boston. Stockbrokers say the high level of share ownership in Australia does not equate to a high level of share trading.
MERRILL LYNCH (AUSTRALIA) PTY LTD: MERRILL...
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