Question for Simon Brown - Trading US and European equities through SBank

[Parttimer]

Hi Simon, Pardon me if this is currently happening or if this item has been discussed before. Are you guys going to make it possible for someday to have on line share trading US and European accounts to trade foreign equities on this platform?

[SimonPB]

not on our list at the moment .. I expect ETN's on international stocks by late this year that will trade on the JSE ..

[Parttimer]

Thanks. Reason I asked is that Vestact is going to start offering it, and there are some good value in the European and US equity market

[Maxpear]

ETN's??

[SimonPB]

exchange traded note .. like an etf but they don't have to hold the underlying asset, so you take risk on the providers balance sheet if things go wrong ..

[HungryPunter]

I am opening various accounts to trade in the us and Europe market. I would prefer using Standardbank, why is this not being communicated to your existing base?

[SimonPB]

why is what not being communicated ??