local stocks on a daily basis.

By 2.30 p.m., the company had done two trades -- transacting 400 shares in Bermuda Commercial Bank at $5.25 per share, up 25 cents on its last traded price on the Bermuda Exchange two weeks ago, and 100 shares in the Bank of Butterfield at $16, unchanged in price on last week's Exchange.

Mr. Jeffrey Conyers, vice-president of FBS, said: "We had a fair bit of interest from people telephoning and putting in orders of interest. The more orders we get the easier it is to trade.''