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Online stockbroking is one of the Internet's big success stories.
He is building a team dedicated to what he calls "good old-fashioned stockbroking."
Stockbroking and legal advisers have not yet been appointed.
Those could be legal services, stockbroking, accounting, human resources services or public relations services.
Let me point out what the effect of these stamp duties is on the ordinary stockbroking trade of this country.
I remember asking one of the partners in the firm whether he thought that stockbroking was a good preparation for politics.
Of course, stockbroking does not always go with politics.
My argument is about who should control the stockbroking firms that make the money, and about where the profits should go.
It is far too often claimed that the investment management and stockbroking firms which act for individual investors are always against change.
The queue was not for food or other necessities of life, as might once have been the case, but to a stockbroking office.
That is the view of many people, including many stockbroking analysts.
Some people make money by stockbroking; others as lawyers.
We are told that the abolition of minimum commissions will cause a substantial drop in the income of many stockbroking firms.
When one gets rid of fixed commissions, the tremendous drop in the incomes of stockbroking firms makes it virtually impossible to continue with single capacity.
Indeed, it will be difficult to find stockbroking firms that will wish to make a book in the shares of smaller companies.
The big institutions are purchasers of parts of stockbroking firms, and they are purchasers at very substantial capital sums.
The big stockbroking firms are all sellers and, again, they are sellers at very substantial sums.
