Westpac upgrades online investment platform
Westpac has expanded its online investing platform, adding a managed funds supermarket, international shares across nearly 30 countries, and U.S. exchange traded options.
The upgrade will provide the platform’s 250,000 customers with greater access to overseas markets, and Westpac said only customers could trade the new products.
“Traders and investors are returning to the market and new traders are entering the market as confidence builds after the global financial crisis,” said James Staltari, head of Westpac Online Investing.
“We are seeing a rise in trading levels and an increasing appetite for both local and global trading.”
Westpac Online Investing underwent an upgrade earlier this year, providing customers with greater access to portfolio management, new and upgraded research
AUTHOR
Chris Kennedy
Recommended for you
With the highest number of candidates in a year sitting the latest financial advice exam, a surge of new entrants are expected in the coming weeks, according to Wealth Data.
AMP has launched a range of five diversified index managed portfolios on its North investment platform, targeting a younger client demographic.
An NSW adviser, who advised over 120 clients after falsifying her financial advice exam results, has been permanently banned by ASIC.
ASIC has released the results from the latest financial adviser exam, the first to be run since changes to its structure earlier this year.
