ASX Trades Increase

Twenty five million trades have been made on the ASX in 2005, up 34 per cent on 2004. More people than ever before were trading using online brokers such as market leader CommSec which accounted for 15 per cent of all trades on the Australian exchange. NAB has recently upgraded its online broking service, while Westpac is planning to introduce options trading this year. Market newcomer Trader Dealer offers a flat fee of $33 for trades of up to $1 million.