Monday, September 24, 2007
As Northern Rock's share price continued its collapse last week The Share Centre reported a 591% increase on the previous week's account openings as investors have swooped to take advantage of a weaker Northern Rock share price. Northern Rock also accounted for 34% of all deals on 20th September. The speed with which the accounts were opened illustrates the advances in online share dealing technology; investors can now react to changes in the stock market, without having to wait days for their applications to be processed. Even with greater measures for consumer protection, the share dealing industry can now move as swiftly as the prices of shares themselves.