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Emerging Markets Broker Offers Access To Asian Securities

Philip Morton, Investors Offshore.com

02 March 2001

Brunswick Direct, a Stockholm-based online brokerage which focuses exclusively on global emerging markets, is now offering clients a trading facility in Asian stocks including the rapidly growing Chinese market. Brunswick Direct, which is owned by the Brunswick Group and Ohman, Russian and Swedish investment houses respectively, offers a secure and easy-to-use trading platform for investors.

Brunswick Direct (www.brunswickdirect.com) now offers trading in selected stocks in China, Malaysia, the Philippines, Indonesia, Hong Kong, Thailand and Singapore. It also includes trading in one of the world's best-performing stockmarkets, the Shanghai B index, which rose 136% last year. In total, Brunswick Direct offers trading in 26 emerging market countries.

To set up an account, visitors to the website print application forms directly from the site and send them, along with legal documentation, to Brunswick Direct. Clients are then asked to transfer a minimum of US$2,000 in cash or equities to their account. Cash in a current account attracts an interest rate of 3.25 per cent. Share transactions cost 0.75 per cent of the sum invested. The minimum transaction fee is US$50.

A free 14-day trial is offered giving access to some of Brunswick Direct's services. At present, US and Canadian citizens or organisations are not permitted to become clients of Brunswick Direct.

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