TORONTO, ON - May 29, 2014 /CNW/ - Scotia iTRADE® today announced enhanced account functionality that will enable direct investors to quickly and easily check Realized Gains and Losses (RGL) information on their divested holdings when they log on to their Scotia iTRADE account.

"Scotia iTRADE is continuously seeking opportunities to optimize the client experience and to provide investors with easy access to the tools and resources they need," said Susi McCord, Managing Director, Business Development at Scotia iTRADE. "Our clients can now view RGL data at an account summary level or drill deeper to the transaction or specific security levels, empowering them to decide how much and what type of RGL information they want."

Additional benefits of RGL information include:

• Simplified year-end profit and loss calculation through a convenient summary of profits and losses for the year;
• The ability to check the profitability of closed trades by viewing gains and losses incurred on divested holdings; and
• Archived information dating back to January 2014, accessible at all times.

This new functionality follows Scotia iTRADE's recent introduction of $4.99 per trade for active investors -- an industry-leading commission among bank-owned online brokerages that applies to both equity and option trading.

About Scotia iTRADE

Scotia iTRADE is Scotiabank's online brokerage service. At Scotia iTRADE, direct investors can choose from a range of trading platforms and benefit from low commissions, a variety of online tools and resources, as well as investor education customized by skill level. For more information please visit www.scotiaitrade.com.

Scotia iTRADE (Order-Execution Only Accounts) is a division of Scotia Capital Inc. ("SCI"). SCI is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions. ® Registered trademark of The Bank of Nova Scotia. Used under license.

About Scotiabank

Scotiabank is a leading financial services provider in over 55 countries and Canada's most international bank. Through our team of more than 86,000 employees, Scotiabank and its affiliates offer a broad range of products and services, including personal and commercial banking, wealth management, corporate and investment banking to over 21 million customers. With assets of $792 billion (as at April 30, 2014), Scotiabank trades on the Toronto (TSX: BNS) and New York (NYSE: BNS) Exchanges. Scotiabank distributes the Bank's media releases using CNW. For more information please visit www.scotiabank.com.

For more information please contact:
Joe Konecny
(416) 933-1795
joe.konecny@scotiabank.com