TD Waterhouse UK

TD Waterhouse UK

October 26, 2011 03:30 ET

Banks Top Tables as Buys Up 50% Among TD Customers

G4S Enters Top Ten Buys With ISS Acquisition Announcement

LONDON, ENGLAND--(Marketwire - Oct. 26, 2011) - Darren Hepworth, Global Trading and Product Director, TD Waterhouse comments: "Buys among TD customers were up by over 50% in the week ending Tuesday, 18 October as Lloyds Banking Group (LLOY) climbed back to the summit of the most popular buys table, accounting for over a quarter of our customer top ten buy trades. The sharp increase in buys meant the buy sell ratio stood at approximately 1.25:1 after sells had outnumbered buys by nearly 2:1 the previous week. Meanwhile, Barclays (BARC) was our customers' most popular sell for the third week in a row."

The Top 10 TD Customer Buys and Sells for week ended 18th October 20111

TOP TEN TD CUSTOMER BUYS TOP TEN TD CUSTOMER SELLS
This week Company Last week This week Company Last week
1 LLOYDS BANKING GP 2 1 BARCLAYS 1
2 BARCLAYS 3 2 ROYAL BK SCOT GRP 3
3 ROYAL BK SCOT GRP 4 3 BP 9
4 PREMIER FOODS 1 4 LLOYDS BANKING GP 2
5 BOWLEVEN - 5 XSTRATA PLC 5
6 XSTRATA PLC 6 6 AVIVA 4
7 MAN GROUP - 7 GULF KEYSTONE PETR 8
8 RANGE RESOURCES 7 8 BOWLEVEN -
9 G4S - 9 RANGE RESOURCES -
10 THOMAS COOK GROUP - 10 PREMIER FOODS -

Darren Hepworth continues: "Lloyds, Barclays and fellow banking giant Royal Bank of Scotland Group (RBS) combined to make up nearly half of our customers' overall top ten trades this week, taking the top three spots respectively in the buys table and fourth, first and second in the sells. BP (BP) was the only non-banking stock to break into the top three of either of our tables, rising from ninth to third in the sells. BP's move came amid news on Tuesday (18 October) that its Russian joint venture, TNK-BP, announced it was considering taking part in a lawsuit for billions of dollars over BP's failed alliance with Rosneft.

"The claim for the highest new entry of the week belonged to oil and gas explorer, Bowleven (BLVN), which took fifth place in the buys after announcing a significant discovery at its Sapele-3 well off the coast of Cameroon on Friday (14 October). Bowleven's share price increased significantly as a result of the news, opening at more than 128p on Monday (17 October), having closed the previous Thursday at 76p before the discovery was made public. Some TD customers appeared to cash in on Bowleven's news however, as the company also entered the sells in eighth place.

"The world's largest hedge fund, Man Group (EMG), re-entered the buys table this week as the company's share price reached its lowest level for a decade on Thursday (13 October). TD customers appeared to take a shine to the bargain share price, which slipped after Man Group announced that the net asset value of its AHL Diversified Plc fund had recently declined 5.5% in a week.

"Ninth and 10th places in the buys table were occupied by new entrants G4S (GFS) and Thomas Cook Group (TCG) respectively. News emerged on Monday (17 October) that security giant G4S, had agreed to buy ISS, the Danish services provider, for £5.2 billion. However, analyst concerns about the funding and strategy behind the deal – and whether G4S will be able to integrate the two companies – saw its share price fall from a 281p closing price on Friday (14 October) to 222p at close the following Monday."

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TD Waterhouse is the UK's leading execution only broker2 with trading rates starting from £8.95. Only 15 or more eligible trades per quarter are required to qualify for TD Waterhouse's frequent trader rates3.

For more information customers can log onto http://www.tdwaterhouse.co.uk/

Notes to editors

Footnotes

1: The Top Ten Buys and Sells should not be taken as a recommendation to buy or sell any particular bond or stock, and it is not intended to offer any form of advice. Instead it is simply an indication of the general buying and selling trends amongst some TD Waterhouse customers, observed during the period stated.

2: Source: Compeer based on daily average retail trades for TD Waterhouse including its white label partners, as at August 2011.

3: TD Waterhouse trading rates:

Platform Frequent trader
Applicable after 15+ trades per quarter
Standard
Online £8.95 flat rate £12.50 flat rate
Telephone The appropriate Online rate plus an additional £30 is payable on all Telephone Trades
Certificated The appropriate Online or Telephone rate plus an additional £40 is payable on all Certificated Trades

TD Waterhouse Frequent Trader Commission Rates

Frequent Trader Commission Rates work on a rolling monthly cycle, based on the number of trades executed in the preceding 3 calendar months. If you complete 15 or more eligible trades in the preceding qualifying 3 month period you will qualify for our Frequent Trader Commission Rates, from the start of the next month. For more information customers can log onto tdwaterhouse.co.uk.

TD Waterhouse - award winning service:

  • YourMoney Awards 2011
    • Best Online Share Dealing Provider for the sixth year in a row (winner)
    • Best Direct Share Dealing Provider for the fourth year in a row (winner)
  • MoneyAM Online Finance Awards 2011
    • Best Online Execution-Only Broker (winner)
    • Best Online Overseas Trading Platform (winner)
  • FT Money / Investors Chronicle Awards 2010
    • Best Stockbroker for International Share Dealing (winner, 2nd year running)
    • Execution-Only Stockbroker of the Year (winner)
    • Online Stockbroker of the Year (winner)
    • Best Stockbroker for Costs (winner)
  • Daily Telegraph Wealth Management Awards 2010
    • Best Execution-Only Broker (winner)
  • Shares Awards 2010
    • Best International Share Dealing Service (winner)
    • Previous awards: Best Execution-Only Broker 2009, Best Online Trading Platform 2008, Best Online Broker 2007 & Best International Share Dealing Service 2006

About TD Waterhouse:

TD Waterhouse is the UK's leading execution-only broker, servicing approx 200,000 UK customers with over £3.77 billion in customer assets (stocks and cash) under management. It is a subsidiary of the TD Bank Group (TD), the 6th largest bank in North America by branches. TD has 82,000 employees in offices around the world, serving 20 million customers with client assets of CDN$665 billion (as at 31 July 2011). † Source: Compeer based on daily average retail trades for TD Waterhouse including its white label partners, as at August 2011.

TD Waterhouse provides UK investors with simple, fast and easy share dealing services - combined with high quality news and information from leading providers including Morningstar - to both active traders and longer-term investors. These include UK and international equity trading, Individual Savings Accounts (ISAs), regular investment accounts, Self Invested Personal Pensions (SIPPs), Derivatives (CFDs, Forex and Futures) and Financial Spread Trading.

TD Waterhouse is authorised and regulated by the Financial Services Authority (FSA), 25 The North Colonnade, Canary Wharf, London E14 5HS (FSA registered number 141282), member of the London Stock Exchange and the PLUS market.

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