Most UK brokerages will be able to offer US equities at a comparable cost to UK equities as of March...
Most UK brokerages will be able to offer US equities at a comparable cost to UK equities as of March 2000, when an electronic link between the two countries goes live. UK electronic settlement house CrestCo has entered into partnership with US house Depository Trust Corporation (DTC), which should enable US brokers to settle American securities more easily and faster. In conjunction with CrestCo's project on the electronic settlement of UK unit trusts and Oeics, this link up could be advantageous in opening up a new distribution market for UK funds. Paul Symons, head of corporate affair...
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