WoodStock goes high-tech in Poland, 15,000 investors expected to join in
WoodStock goes high-tech in Poland, 15,000 investors expected to join in
The Polish branch of Wood & Company, one of the most dynamic brokerage
houses, is to add internet brokerage services to its operations. The new
project is called WoodStock. The company is expecting to encourage about
15,000 new investors, mostly individuals, by the end of 2001. WoodStock's
operation will be based on internet, telephone and eventually mobile phone
with the WAP option. The possibility to access additional services is to
depend on the turnover and value of the portfolio. In the basic option and
in the first stage of WoodStock's operation, investors will have a chance
to use such services as: loans, placing orders, and taking advantage of
analysts' reports. Agnieszka Lange, a member of Wood & Company's board of
directors, says the company's aim is also to educate investors. (Puls
Biznesu, page 8)
