Australian online share trading company eStar claims to have been pushed out of the market by players at the big end of town.
For the first time in Australia, voice-recognition software will allow telephone traders to buy and sell - without touching base with their broker. While it might be good news for some, telephone operators will feel the pinch.
ETrade Australia is confident its July purchase of HSBC's online broking business will secure continuing growth in 2007, even if the local market doesn't perform well.
The Triple-I Index opened 7.1 points higher -- thanks to a firm finish on US sharemarkets and Australian Bureau of Statistics findings that GDP rose 1.1 percent in the March quarter to be up 4.3 percent on the year.
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