(July 6 – 09:40 ET) – E*TRADE Canada is launching Power E*TRADE for its more active investors. The firm says that Power E*TRADE will deliver a valuable package of investing tools and technology to qualifying clients for free.
The offering includes: institutional quality research from Yorkton Securities; technical charting; dedicated customer service representatives; real-time streaming quotes and real-time streaming news, as well as Nasdaq Level II quotes and TSE market by price; and a streamlined trading desk application. Customers must qualify for the Platinum Power E*TRADE to get the streaming service, as well as preferred access to IPOs.
To qualify for the enhanced features clients must complete 30 trades or generate $1,000 in commissions in a calendar quarter. Customers who complete 75 trades or generate $2,000 in commissions in a calendar quarter get Platinum Power E*TRADE. New clients can apply for Power E*TRADE when they apply for their new account, but they must provide account statements from other brokerages showing that they qualify.
“Based on customer feedback and focus groups, E*TRADE Canada has built a product specifically designed to meet the needs of active investors,” said Colleen Moorehead, president of E*TRADE Canada.
“High volume traders told us they wanted to be able to drive their online interactions through enhanced access to information and content, superior service, better insight into the market and faster trading access. Power E*TRADE Canada addresses each of these needs through a combination of tools and technology.”
For more details on Power E*TRADE Canada visit http://www.canada.etrade.com/power
-IE Staff