Designated Broker Service
If you are an employee of a company that is part of our Designated Broker program, you can open an account.
The Designated Broker Service is specifically designed for companies who wish to offer their employees a sharedealing service as an employee benefit and if applicable, the company can enhance their compliance monitoring capabilities by automatically receiving employee trading confirmation.
The Designated Broker Service delivers our corporate clients:
- A tailored, reliable and paperless solution for Compliance that reduces the costs, time and risk associated with monitoring dealing by employees
- A personal account dealing proposition for Human Resource departments to offer as a benefit to their employees
- Online and telephone, execution-only brokerage accounts and services for employees with trading commissions as low as £6.95 per online trade
- Secure and automated Compliance reporting (if needed): Deal transactions relating to all designated staff accounts are compiled and sent securely and electronically to Compliance teams on agreed frequency
- A Relationship Manager to support the take-up of the service, account opening, trading and when desired, client education for employees.
As a Corporate Client of our Designated Broker Service your employees will benefit from:
- Easy to use sharedealing online and by telehone
- Access to our award-winning online platform complete with comprehensive independent research, extensive Funds Market, and our full range of investment products
- Barclays investment analysts' recommendations to buy, hold or sell
- Text alerts tailored to their accounts
- Online education resources, to help refresh their investment knowledge.
Allow us to help your employee comply with personal account dealing rules by:
- identifying them as a client of the Designated Broker Service when we open their account and then reporting this to your Compliance department
- Record details of each trade they place in their account(s)
- Send details of trades electronically to the nominated Compliance department on the employee's behalf.
For more information, please contact Corporate Services
Key features
Employee Benefits
- Simplifies employees' account dealing
- A relationship managed service
- Cost-effective sharedealing solution
- Reduces costs and time for monitoring employee trading
- Enables secure and automated reporting of employee trading activity
- Provides an addition to employee benefit schemes
- Access to a variety of other corporate services
- Quote & Deal with real-time prices during market hours.
- Limit orders allow you to set the max or min price you want to buy or sell
- At Best orders where you can leave us to get the best price for for your deal.
Wide range of investment opportunities
Online dealing in LSE, IM and PLUS stocks, unit trusts and OEICs from leading fund managers, as well as top European stocks
Any account, any equity deal, all you'll pay is £12 commission per online trade, and you'll benefit from an even lower rate of £6.95 when you trade 11 or more times per month.
