Ameritrade Holding Corporation, through its subsidiary Ameritrade Canada, Inc., is expanding its efforts as a champion of the independent investor by launching a new Web site for Canadian residents to trade U.S. equities with Ameritrade’s well-known investment platform.
The new offering delivers high-quality trade executions and low-priced commissions to Canadian investors.
The product and service suite provides investors with some of the most advanced tools and features in the industry including free Streamer, Ameritrade’s command center screen and the Ameritrade 10-Second Guarantee*. Clients will also have access to independent-market research and a dedicated client services team.
“We have found Canadian residents want the same technology, service, reliability, high-quality executions, tools and low commissions we offer to U.S. clients,” Peter Williams, CEO of Ameritrade Canada said. “Because these are our core competencies, Ameritrade Canada is a great choice for independent investors.”
“Our merger with Datek makes us the number one broker in the world for equity trades online, and enables us to implement an offering to Canadian residents that leverages our combined strengths,” Pete Ricketts, president of Ameritrade’s Private Client Division said. “With continued growth forecasted for self-managed Canadian brokerage accounts, we believe Ameritrade Canada can gain market share and add to our bottom line.”
Ameritrade Canada charges a flat US$10.99, for both market and limit online U.S. equity orders, regardless of the number of shares bought or sold with no order handling fees.
For more information about Ameritrade Canada and how to open an account refer to the Company’s Web site at: www.ameritradecanada.com.