Wealth management through stock investing higher?

Wealth management through stock market speculation may have risen during the first half of the fiscal year, as figures reveal buying and selling rose over the period in question.

The London Stock Exchange Group reports new issues on the main market and the AIM trading platform for emerging companies more than doubled in the six-months to September 30th.

Those in wealth management might also have been working with higher budgets, as the average daily value traded rose by nine per cent compared with last year, reaching £5 billion in 2010.

Group chief executive Xavier Rolet commented: "Actions taken to improve UK equities trading are taking effect, with share of trading resilient in the past few months," adding the total cost of trading should be brought down through "fee reductions for clearing by third-party members".

Reuters reports stock markets in Asia and Europe added value today thanks to improved demand for equities and government bonds.  ADNFCR-2318-ID-800088852-ADNFCR