NEW YORK — BuyandHold Securities Corp., the online brokerage subsidiary of BuyandHold Inc., said it has acquired 200,000 accounts in the 15 months since its launch.

The company said that according to J.P. Morgan H&Q’s Equity Trading Market Share analysis report, its customer account growth of 30% made it one of the fastest growing online brokerage firms in 2000.

BuyandHold, which launched its Web site in November 1999, said it is the first online brokerage to let customers buy stock in dollars rather than shares, allowing them to build investment programs that meet their budgets.

“Our growth has been extraordinary when you consider the primary method of account acquisition has been by word of mouth,” said Peter E. Breen, chief executive officer of BuyandHold Inc.

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