TD Direct

TD Direct Acquired by Interactive Investor

Interactive Investor Plc has agreed to buy TD Direct Investing from TD Bank Group (its European direct investing business) in a deal financed by private equity group J.C.Flowers ....

TD Direct Being Sold?

TD Direct, a favourite execution-only stockbroker among private investors, is likely to be sold according to a report by Sky News. There are a number of suggested bidders but one of them is Barclays Bank who run a similar platform under the name Barclays Stockbrokers. With TD Direct having £13 billion of assets under management, a merger of those platforms would still leave the combination somewhat smaller than Hargreaves Lansdown, the market leader. Mergers and restructurings are the name of the game ...