Gares Trading Company has opened an independent trading account at the Independent Exchange Traded Market (IETF).
The company will allow its traders to trade Australian shares on the exchange.
The IETF is a non-profit organisation that supports the trading of stock market products by independent traders and investors.
Gares says it will work with independent traders to provide trading services.
The company’s founder and chief executive, Peter Gare, said it was a step forward in the Australian trading industry.
“This new account allows traders to buy and sell shares at a price that reflects the true value of the shares they trade, and will allow them to take advantage of the current low prices that exist,” he said.
“It will also allow them more freedom to manage their portfolios.”
We will be working closely with independent trading firms and will provide them with a range of trading software tools to help them manage their stocks and help them to get more accurate market information.
“Gares’ new trading account is one of many to be launched in the coming months.
The market is set to open on the 15 November and the company expects to have more than $10 million in assets under management by then.
But for the time being, the market is the exclusive province of Gares.
“This is going to be an exciting and exciting time.””
We are happy to have you join us for the first time,” he told investors.
“This is going to be an exciting and exciting time.”