Online Broking Growth Boosted By First-Time Investors

Posted by Anton Murray Consulting on 10 Mar, 2016

Taylee Lewis, InvestorDaily

The 2015 Second Half Online Broking Report revealed that 129,000 investors placed their first online trade last year, up from 82,000 in 2014.

Investment Trends senior analyst Irene Guiamatsia said: “The market had robust growth throughout 2015, underpinned by an influx of first-time online investors.”

The report found that 635,000 unique Australian investors placed at least one trade through an online broker in the 12 months to November 2015.

The rest of this article can be found at investordaily.com.au.

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