(August 16 – 10:10 ET) – BMO InvestorLine says that its new service, Fixed Income Online, is now available to clients.
It says the new service allows investors to search, buy and sell a wide range of fixed income products such as bonds, debentures, treasury bills and coupons. The discount broker is aiming the product at well-informed investors who have broad goals and are looking for more than just the ability to buy and sell stocks.
“We are the first major direct investing firm to offer fixed income products online,” said Bruce Schwenger, president, BMO InvestorLine. “Our clients will be able to access up-to-the-minute bids and offerings on a variety of fixed income products, as well as the in-depth information they need to make an informed decision. And this service is backed up around the clock with access to knowledgeable representatives who can answer questions or guide new users through the process.”
Fixed Income Online allows investors to customize searches, which can be as broad or narrow as desired. Clients also have access to an online education centre. Prices are updated on a real time basis, to ensure that investors have the most up-to-date information. The services is available 24 hours a day, 7 days a week.
“Fixed Income Online helps investors source the information and choose products to create a balanced portfolio that best suits their overall investment goals,” said Schwenger. “And buying these products online gives them the added benefit of improved pricing over traditional channels.”
-IE Staff