Parkiet reports Internet brokerage services experience unprecedented growth
Already close to 10,000 investors have opened Internet accounts with
brokerage houses, an increase of about 2,700 accounts over the last two
months, according to the daily Parkiet. Such a result is said to be in
large part due to a spurt in CDM Pekao brokerage's customer base, which
numbers 300,000 traditional clients and roughly 4,500 who use its services
online. "Up to now Internet users were generating about 7-8% of turnover,
but in Dec. they generated a record 12%," said Krzysztof Polak from BM
BPH. (Parkiet, pp. 1, 2)