TD Waterhouse launches new rate card

TD Waterhouse – one of the UK’s largest execution-only brokers – today announces a new price format for its investment products and services.

The new pricing structure will provide a clear and easy to use rate card that will help customers choose the right product for them. Fees for frequent trades are reduced, whilst standard rates reflect the additional benefits of trading with TD Waterhouse. These benefits include:

Unrivalled T20 extended settlement facility for online traders allowing customers the unique opportunity to trade online and settle up to 20 days later. TD Waterhouse also offers extended settlement up to T25 for telephone trades, T10 settlement on certificated trades and a Personal Trading Level (PTL) on Trading or Trading Plus Accounts for immediate access to trading;

Free administration for ISA and PEP trading accountsfor valuations of £3,600 and only £30+VAT for valuations up to £3,599.99;

Real time prices, news, and a wealth of in-depth company research and analysis from a number of different providers including Hemscott, Peel Hunt, Dow Jones, Fat Prophets and Financial Express;

Direct access to 16 international markets at the same rate as UK trades with exposure to some of the world’s best-known companies.

Angus Rigby, Chief Executive at TD Waterhouse UK, said: “Building customer satisfaction and loyalty is at the top of our agenda. Our new pricing structure reflects the shift in how TD Waterhouse customers are choosing to trade.

“While we have seen a boom in online trading popularity, we recognize that some of our customers will always want to speak to a person directly and are therefore happy to offer both online and telephone trading. With our new pricing structure, online trades are now cheaper, swifter and easier.

“TD Waterhouse’s trading platform leads on quality of service and reliability and additional services such as our Personal Trading Level service and 20 day extended settlement limit online give customers maximum returns on their trades and investment. These tools are indispensable, providing immediate access to trading so our customers can react rapidly to market conditions without loss of opportunity. With extensive access to information and education on all their investment decisions, our customers are equipped with the right knowledge to react instantly to market movements, effecting trades at the right price and the right time.”