DM IDM offers virtual leverage to buy stock

opublikowano: 29-01-2007, 10:24

Warsaw (Puls Biznesu) – DM IDM brokerage has a new offer: its clients may take a credit to buy stock via the internet.

Warsaw (Puls Biznesu) – DM IDM brokerage has a new offer: its clients may take a credit to buy stock via the internet. 

DM IDM, the listed brokerage, is offering its clients to take credit via the internet. The first offer concerns the clients interested in the stock of Gadu-Gadu communicator. The leverage is 20:1. The new offer will enable to take a credit without the necessity to visit the brokerage. The clients must deliver a power of attorney for IDM to take credit in their name. The document may be used many times. The client decides when to use it by sending his decision with the credit details via the internet. 

“So far, the clients could order to buy stock via internet from their own sources only”, Ludwik Skonecki, DM IDM director said.

He is convinced that the new product will be widely used. According to the brokerage estimates, up to 30 subscribers may use it at every offer. IDM is going to cooperate with Getin Bank currently but in the future the offer may be wider.

(PLN 1 = EUR 0.255)

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