National Bank Direct Brokerage Improves its Rates
Montreal, 11 January 2011 -
National Bank Direct Brokerage, a subsidiary of National Bank Financial Group, is improving its rates. As of February 1, 2011, investors with personal assets1 held with National Bank Direct Brokerage totalling $50,000 or more will benefit from advantageous pricing. They will be able to trade for as little as $9.95 per trade when making share or option trades using our electronic trading systems (Website and Interactive Voice Broker). These favourable rates were previously reserved for investors holding personal assets of at least $100,000.
Clients seeking information on the new rates can call National Bank Direct Brokerage Investor Services at 1-800-363-3511 or 514-866-6755, or send an email to email@example.com.
1By personal assets, National Bank Direct Brokerage means assets held under the same account root (first 6 digits of the account number) on the last business day of the previous month. This offer cannot be combined with any other offer and is subject to change without prior notice. The new fees only apply to stock or option trades carried out using National Bank Direct Brokerage’s electronic systems (Internet and Interactive Voice Broker). For the eligibility criteria and to find out how the commission schedule for this special pricing works, visit our website at www.nbc.ca/nbdb.
About National Bank Direct Brokerage
National Bank Direct Brokerage is a wholly-owned subsidiary of National Bank of Canada. National Bank Direct Brokerage offers no advice and gives no investment recommendation. The client alone is responsible for the financial consequences of his investment decisions. National Bank Direct Brokerage is a member of the Canadian Investor Protection Fund.
About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $145 billion in assets and, together with its subsidiaries, employs 18,322 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca. To access National Bank Financial Group’s financial education portal, visit www.clearfacts.ca.
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Senior Manager – Public Affairs
National Bank Financial Group