Qtrade Investor announces significant price cuts for people trading stocks
and bonds, as well as new MobileWeb platform

VANCOUVER, Oct. 27 /CNW/ - Qtrade Investor is pleased to announce the following price changes that will come into effect on November 1, 2010:

1. Online stock trades will be priced at $9.95 for clients with as little as $50,000 in an account, down from a previous threshold of $100,000. Multiple accounts within the same household can be grouped together to qualify for the discount; and
2. Online fixed income trades (e.g. bonds) will be priced at a flat fee of $1 per $1,000 in face value of bonds being traded. The minimum fee will be $19, with a maximum fee of $200. Commissions for fixed income trades are now simple and transparent, with no built-in dealer spreads.

Qtrade Investor is also pleased to announce that it is the first online brokerage firm in Canada to offer a truly comprehensive stock, option and mutual fund trading platform available for Canadians on their mobile phones. With Qtrade Investor's MobileWeb, investors can check account balances, transfer funds, stay current with market data and, of course, trade online with their mobile phone!

"We are very excited about these changes," said Joel Bernard, Vice President responsible for Qtrade Investor. "We are continually trying to improve our offering for the benefit of our customers, and with the new price changes coupled with our market leading MobileWeb offering and outstanding customer service, we believe we are providing Canadians with tremendous value and an exceptional platform that will appeal to all levels of investors."

About Qtrade Investor

Qtrade Investor is the online brokerage division of Qtrade Securities Inc., member IIROC and CIPF. Qtrade Securities is a member of the Qtrade Financial Group, which provides brokerage and wealth management platforms, services and solutions to the retail public as well as the customers of over 180 financial institutions across Canada. Qtrade is dedicated to providing market-leading wealth management products and services including: online, full-service and institutional brokerage services, mutual fund dealer services, insurance dealer services, portfolio management and discretionary money management services and proprietary managed money solutions. For more information visit www.qtrade.ca.

For further information:

Qtrade Financial Group
Pamela Patton
Vice President, Marketing & Partner Relations
T 604.678.6962
E [e-mail]