Consecutus Extend Commission Free First Trade Period for New Clients Until End of 3rd Quarter
As a result of the initial trial the firm has seen an increase of over 7% in their new retail client account figures compared to the same 6 week period last year. The average savings on commissions by clients is currently at approximately $200 for their first trade with them.
“The decision to extend the commission free period for client’s first trades was a very easy decision to make. We fully understand and accept that the life blood of any firm is not only retaining their existing client base but, as importantly, increasing their new client base too,” said William Henderson, managing partner of Consecutus Capital.
“The majority of the 7% increase that we have seen in our new client list over the same 6 week period of last year has been attributed to this first trade, commission free offer. Furthermore, some 60% of these new clients are now on their second trade with us, and in a few instances, some are now on their third trades with our firm. All-in-all we are extremely satisfied with the results but we are very aware that we must still continue to deliver our promise of commitment to all clients despite the increase in their numbers,” Henderson added.
As a result of this extension to the first trade commission free period Consecutus Capital will soon be releasing an update to their expected quarter 3 figures to take in to account the anticipated increase in client trades.
At Consecutus our reputation has been built on being able to offer our worldwide client base opportunities that extend beyond their geographical boundaries. Our proven research and response to market conditions is key to our success, and that of our clients, regardless of their location.