HSBC InvestDirect has introduced three additional international markets for trading online: London Stock Exchange; Euronext Paris; and the Frankfurt Stock Exchange.
Previously, HSBC InvestDirect was the only online investing service in Canada to offer online trading on the Hong Kong Stock Exchange and provided access to North American markets online and to 30 international markets by phone.
“We are living up to our promise as part of ‘the world’s local bank’ to bring the world to Canadian investors,” says Richard Kelln, head of HSBC InvestDirect.
In order to make trading internationally more comfortable for Canadian investors, HSBC InvestDirect offers:
> access to online international quotes in real time from the Hong Kong and London exchanges and delayed from the Euronext Paris and Frankfurt exchanges;
> multi-currency settlement in 10 different currencies to protect against currency risk; and
> company news and international charts for historical performance on stocks listed on the Hong Kong, London, Euronext Paris and Frankfurt exchanges and global market research from the HSBC Group, Morningstar and Standard and Poor’s.
Access to the additional markets has been available to select clients who traditionally traded internationally using HSBC InvestDirects’s phone service in a test phase over the past few months.
Online access is now available to all clients and over the coming months, additional resources specific to these markets will be made available on the website including: an international exchange overview; a discussion of trading benefits and risks; and answers to the most common questions investors have when they begin trading internationally.
HSBC InvestDirect is a division of HSBC Securities (Canada) Inc.
HSBC InvestDirect to offer Canadian investors online access to key international exchanges
Discount brokerage to offer Canadian investors online access to key international exchanges
- By: IE Staff
- March 9, 2009 March 9, 2009
- 09:10