Goodbody Stockbrokers today launched the country's first online share dealing service - Goodbody Online at www.goodbody.ie.
The new service offers five key facilities - online share trading, online portfolio valuations, online transaction history, market monitor with a Reuter feeds of information and a knowledge centre.
The online service will be made available to over 10,000 Goodbody private clients from today and will facilitate dealing in Irish, British and US stocks in a secure environment.
Goodbody's chief operations officer Eamonn Clancy said the online service was a significant first for the stockbroking firm which would 'greatly enhance the share trading environment in Ireland'.
'There is a growing interest in share ownership in Ireland and we intend to facilitate clients in developing their share portfolios, by providing a reliable and secure transaction service,' he said.
The Irish market has approximately 17% share ownership, representing over half a million shareholders.
The new online service also offers reduced commission charges, with a minimum charge of £25 per trade, reduced from the current minimum of £40.
Goodbody Online was developed with the assistance of Accenture and Compisol and the company says it is secured to the highest standard of encryption available on the market.