Broker TD Waterhouse is set to launch an online dealing service for European shares next week. Due to go live on Monday (2 July), this could be a significant development since most of the large private client brokers in London don’t offer direct internet dealing for European shares, leaving customers with just the more expensive telephone service option.

The broker will extend online trading to all European shares it currently offers over the phone. Tariffs will match UK rates, currently set at a flat £12.50 per trade.