BUSINESSWEEK ONLINE : SEPTEMBER 25, 2000 ISSUE
INTERNATIONAL -- FINANCE

Why the British Don't Pick 'n' Click


HIGH COST
Arcane clearing and settlement systems, plus a 0.5% tax on every order, make e-trading three times more expensive than in Germany

LOW SAVINGS
Faced with high property prices, most Britons have to tie up investable income in mortgages

FEWER FIRST-TIMERS
This year's relatively weak stock market has discouraged would-be
shareholders

LIMITED PRODUCTS
The investment products that most British online brokerages offer aren't enticing enough to overcome the other obstacles

DATA: BUSINESS WEEK; J.P. MORGAN & CO.


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RELATED ITEMS
Trade Online? Not Me, Guv (int'l edition)

TABLE: Why the British Don't Pick 'n' Click



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