Market Trends of E-Brokerage Industry In Netherlands
Growing Investing Household Signifying Rising E-Brokerage in Netherlands
The number of investing households grew unexpectedly fast in 2020 with double diit rate. This is the developments in the private investor market since 2 decades straight with the share of industrial in the total investment volume covering about one third portion was approximately 10 percentage points higher than the share last year witnessed in FY 2019. It is expected that the total investment volume for the forecast period will be leading towards upward trend. Household savings deposits in the Netherlands increased steadily reaching a total value of nearly EUR 390 billion . In July 2020, Dutch households also showed a significant household investment in the fixed-term deposits.
Client Behavior Analysis Leading Netherlands e-Brokerage Market towards Growth
All banks and brokers are seeing their clients of self-investors increase in a market that is growing fast. However, there are major differences between providers, with some seeing multiples of growth while others benefiting only very modestly. This shows that consumers are very selective in their choice. The Clients are turning selective on the behalf of security of services provided. The sales of on-line financial services raise the problem of transaction security because e-brokers and their clients deal through an open network including encryption of the information being transmitted across the public network to ensure privacy, confidentiality, integrity of the message and non-repudiationalong with the installation of the trusted operating system (with firewalls, filtering routers etc.) to provide protection for information stored on the broker's side.
Consumers in Netherlands perceive the Internet as a less secure means of communication than other traditional communication channels, while it is the other way round, and e-Brokerage is comparatively far safer because all the sell/ buy orders and prices are standard for the whole nation and global markets and lot size cannot be monopolized by e-brokerage and electronically placing the orders.