Electronic Share Information Ltd, Cambridge is to offer UK share trading services on the Internet, and also hopes to provide an effective vehicle for smaller companies to raise capital, Reuter reports. The firm sees trading volume reaching ú300m in 1997, with about 30,000 active users, with each typically doing about ú10,000 of business a year. It now provides company and share information at www.esi.co.uk, and plans to begin trading shares in two stages. In the first stage, to start in a few weeks, subscribers will be able to buy and sell shares quoted in London by placing orders with a broker via their personal computer. The second stage early next year will enable subscribers to execute deals directly and almost instantaneously. It will also provide real-time prices, news and research.
