CommSec launches Professional Trader

7 October 2003

Australia’s leading online broker, CommSec, today launched an innovative online trading platform that provides investors with all the tools they need to trade like professionals.

CommSec General Manager, Michael Blomfield, said CommSec Professional Trader was developed to assist the rising number of independent share traders.

"CommSec research shows the number of independent traders has increased by almost 20 per cent, with the majority choosing to use online broking facilities to conduct their transactions," Mr Blomfield said.

"CommSec Professional Trader is the most powerful investment tool we have ever made available to the public. It uses state-of-the-art technology to enable investors to research, monitor and execute their trades online in real time.

"Investors can track what’s happening in the market, react quickly to opportunities and organise information with a suite of sophisticated but easy-to-use tools. No matter what is happening in the marketplace, investors will have their finger on the pulse," Mr Blomfield said.

CommSec Professional Trader includes dynamic data, real-time market information and company announcements, research, detailed account information and straight-through processing. It provides everything industry professionals use in one place.

Clients can also customise their desk-tops with multiple windows, receive alerts for price, volume and news, set up watchlists, create their own trade and indices tickers and access simple right-click trading.

"Australian independent traders are among the most market-savvy in the world. CommSec Professional Trader gives them the tools of the trade, empowering them in the process and making the market more transparent to them than ever," he said.

CommSec Professional Trader is available free of charge to CommSec clients who trade 15 or more times per quarter. Occasional investors can subscribe for only $77 per month.

To register with CommSec or find out further information about CommSec Professional Trader, simply call 13 15 19 between 8am and 7pm Monday to Friday.

Further Information:
Paul Rea
Group Corporate Relations
Commonwealth Bank of Australia
Tel: (02) 9378 5965 Fax: (02) 9378 2395