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Binck expect no price battle Internet broker


AMSTERDAM (Dow Jones) - Binck do not fear for a new price battle on the market for internetbeleggers coming year. That couples drivers Andre Teeuw and Kalo Bagijn of the impact broker and - trader Monday against Dow Jones nieuwsdienst. ABN AMRO made Monday confessed the tariffs for convene by means of Internet with 20% to 50% to reduce. With that the bank would be hardly more expensive than the prijsvechters in the market, such as Binck. Bagijn, the chief commercial officer from the Council of governing board of Binck, are not under the impression of the lowerings at the competitor. "price is to één thing", says he, indicating on services such as real-time koersinformatie, flashing computer applications for trade by means of the Internet and satisfaction concerning the helpdesk. Bagijn see for this reason no need reduce the tariffs, ABN AMRO remains more expensive than Binck. Binck saw increasing last year the number of private customers of 10,500 to zo’n 20.000. large parts of the new customers came at ABN AMRO from. Chief executive Teeuw says expect that the increase continues himself in 2005, simply. "it seems that Internet bel disc harrows and mark name Binck more and more synonyms become." Bincks’ Brokerage for the market business has to suffer from the low volatiliteit on the financiële markets. Because of this the turnover is pressed and pays attention customers more to the pennies. The competition is violent. But we expect that the volatiliteit convert and will increase. The trade activities returned in the last six-month period in positive figures. The afvloeing of staff in Paris weighed still on the result. This activity is now complete beëindigd. The Unit still acts in obligations from Amsterdam. Furthermore it still occupies himself from London with trade in derivatives and to that the related shares. <! - - showBanner('336X280 ', ' MIDDLE); //-->  A r t i k e l e n  07-03-2005 Binck expect no price battle Internet broker 07-03-2005 Binck bend loss for in profit 01-02-2005 BinckBank reduce tariffs 20-12-2004 Binck to shares London grant 16-12-2004 Binck have already sold possibly prey of of the Moolen 15-12-2004 Binck want rest of AOT België to buy 15-12-2004 to ' share to Binck too cheap to let lie ' 04-11-2004 Binck opens hunting on professional beleggers 19-08-2004 Binck sells AOT Australia 06-08-2004 ' Binck as from now profitable will be ' more Article... <! - - showBanner("120x600", "RIGHT"); showBanner("120x120", "TOP"); / --> <! - - if(document.referrer && (document.referrer.toLowerCase().indexOf("www.msn) > 0|| document.referrer.toLowerCase().indexOf("entertainment.msn") > 0|| document.referrer.toLowerCase().indexOf("msn.telegraaf.nl/") > 0|| document.referrer.toLowerCase().indexOf("telegraaf.nl/msn") > 0)) {document.write("");} //--> © 1996-2004 daily the telegraph. All rights reserve e-mail: info@dft.nl    Disclaimer BINCK rate grafiek='/grafieken/dft_NL0000335560_INTRADAY_134_142_linear.png; company='BINCK; document.write("");  F O R U M  Expectation jaarcyfers and koerseffect Binck to new capacitance 5.40 adoption prey for FORTIS Binck on 16-2 binck <! - - go// var page = ' www.dft.nl/stijgersdalers/' to capacitance 3.40 Dft-Commercials;// oas_ad('TopRight, 121, 173); showBanner('121X173 ', ' RIGHT); / -->
Source "Binck expects no price battle Internet broker": telegraph

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