TD Waterhouse UK

TD Waterhouse UK

August 17, 2011 03:30 ET

TD Sees Trading Volumes Up by 140% During a Volatile Week for Markets

Customer buys outweigh sells by almost 3:1 as FTSE 100 dips to 5,000

LONDON, UNITED KINGDOM--(Marketwire - Aug. 17, 2011) - Darren Hepworth, Trading and Customer Services Director, TD Waterhouse comments: "We have seen record trading activity from TD customers over the past week, with overall trading volumes up 140% on the previous week. As worries over global debt and growth fears led to extremely volatile trading conditions in the markets, it appeared our customers were looking to bag discounted shares among the mass of falling share prices. In the week ending Tuesday, 9 August buy trades outnumbered sells by almost 3:1 having increased by nearly 150% on the previous week. The FTSE 100 hit its lowest level since July 2010, falling to a low of 4,796.97 on Tuesday (9 August) before recovering slightly to close at 5,164.92 the same day."

The Top 10 TD Customer Buys and Sells for week ended 9th August 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 1 1 LLOYDS BANKING GP 1
2 BARCLAYS 2 2 BARCLAYS 2
3 ROYAL BK SCOT GRP 5 3 GULF KEYSTONE PETR 5
4 AVIVA 3 4 ROYAL BK SCOT GRP 3
5 GULF KEYSTONE PETR 10 5 BP -
6 BP 9 6 RANGE RESOURCES 9
7 RANGE RESOURCES 8 7 XCITE ENERGY LTD 8
8 XSTRATA PLC 6 8 VODAFONE GROUP 4
9 VODAFONE GROUP - 9 ROCKHOPPER EXPLORA -
10 TESCO 7 10 XSTRATA PLC -

Darren Hepworth continues: "Britain's biggest banks dominated both our top ten customer buys and sells tables this week as the debt crisis continued to grip the Eurozone and credit rating agency Standard & Poor's brought to an end the US's 70-year reign as a AAA rated economy. Lloyds Banking Group (LLOY) remained in pole position in this week's customer trading tables after announcing a £3.3bn loss for the six months to 30 June on Thursday (4 August). The loss included £3.2bn that the company put aside to compensate customers who were mis-sold payment protection insurance (PPI). Despite allocating a much smaller £850m to cover claims for the mis-selling of PPI, Royal Bank of Scotland Group (RBS) also announced half-year losses of £1.4bn on Friday (5 August). RBS moved up to third from fifth in our customer buys table and dropped one place to fourth in the sells. To complete the picture for Britain's banking behemoths, Barclays (BARC) took second place in both tables.

"There was better news for Aviva (AV) which announced its interim results last Thursday (4 August). The insurance giant reported total operating profit of £1.3bn, up 5% on the first six months of 2010 and finished the week as the fourth most popular buy among our customers.

"BP (BP) moved up the buys table to sixth from last week's ninth place as news emerged that it intends to sue one of the shareholders in its Anglo-Russian TNK-BP joint venture. It was also a new entrant in the sells table taking fifth place. Meanwhile, Rockhopper Exploration (RKH) also entered the top ten sells table, in ninth place, as the oil explorer reported positive results from the drilling of its third appraisal well at the Sea Lion feature in the North Falkland Basin on Tuesday (9 August).

"The only other new entrants into our tables this week were Vodafone (VOD) at ninth in the buys and miner Xstrata (XTA), which took 10th in the sells."

The value of your investments can go down as well as up. You may not get back all the funds that you invest.

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 on to 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 June 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 or the bank), the 6th largest bank in North America by branches. TD has 82,000 employees in offices around the world, serving 19 million customers with client assets of CDN$630 billion (as at 30, April 2011). † Source: Compeer based on daily average retail trades for TD Waterhouse including its white label partners, as at June 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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