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It's that time of year again -- time for retrospection, time for resolution, and time for a new round of TV ad campaigns. And at a time when derivatives trading has almost completely engulfed the tiny mind of Main Street Americans we look to ShareBuilder ...
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E*TRADE's (ETFC) powerful desktop application was once on the cutting edge of downloadable trading tools available to retail investors. Launched in 2000, the platform helped create a bridge between much more complicated eSignal-type applications for hyper...
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If you're the kind of active trader that has grown to love the rapid updates and pervasive sharing that Twitter provides, then you'll appreciate the efforts made by tradeMONSTER to embrace the Twittersphere. The firm announced today that they're putting m...
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We've known since September that E*TRADE (ETFC) was on the hunt for a new leader and that Current CEO, Donald Layton, was out. Given the deadline they set (end of this year), the consistent focus on restructuring, and the swirl of rumors about the company...
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The Charles Schwab Corporation (SCHW) is no stranger to lawsuits and legal battles, but this one is perhaps more perturbing to the legal team than most. Al Parish, a one-time economics professor in South Carolina has been snuffed out and convicted by Sout...
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E*TRADE rounds out our November swing of brokerage updates with their release today. The company ended the month with 2.7 million brokerage accounts, adding only a net total of 306 new accounts. Trading activity decline 13% month-over-month and 22% year-o...
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We hear news from our friends at TD Ameritrade (AMTD) last night that they are not sheltered from the Q4 tempest pounding other online brokers. TD Ameritraders decreased their trading activity by 12% in November versus the prior month. By comparison, Char...
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Pixies and Droids, feeling left out? Not on the invite list? Eating at the little kids table? Your time has come. optionsXpress (OXPS) announced today that its mobile trading app is now available on both the Palm and Android platforms. You can pick up the...
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Charles Schwab (SCHW) reported monthly metrics for November this morning. Despite the fact that the firm added $6 billion in new assets, increasing its total assets by 26% over year-ago figures, the company lowered guidance for the fourth quarter by $0.02...
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In what has affectionately become known "Regulator Fridays" around the BNB garage we have late-breaking news today that does not disappoint. The House just passed the Wall Street Reform and Consumer Protection Act. The House voted 223 to 202 to approve th...
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We've watched with morbid curiosity as Q4 unfolds for the online brokers. The early numbers were not good. E*TRADE (ETFC), TD Amertrade (AMTD) and Charles Schwab (SCHW) all reported basically flat Octobers. Last month optionsXpress (OXPS) reported a 20% d...
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Financial Engines announced today that it has filed a form S-1 with the SEC, signaling its intentions to go public. Goldman Sachs (GS), UBS Investment Bank (UBS), Piper Jaffray & Co. and Cowen and Company are expected to be the underwriters for...
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The team at trade MONSTER today announced that users can now set up detachable windows on the company's trading platform. A demo of the enhancement can be seen here. Detachable windows are important because they allow active traders to create a true multi...
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OptionsHouse announced a modified pricing plan last week that, we believe, signals more changes to come as more brokers choose to compete on value and not on price. In order to understand why we think this is likely the first in a series of chain reaction...
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There's no gentle way to put this so we're just going to come out and say it: FINRA needs some PR help, fast. It's been a tough year for the Self-Regulatory Organization. So tough, in fact, that there may not be enough lipstick in the world to cover this ...
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Interactive Brokers Group reported some surprisingly resilient November metrics today. Total customer accounts bumped up 2% versus the previous month and customer equity was up 4%. DARTs were basically flat, trending down just 1% from the previous month. ...
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TradeStation Group (TRAD) reported November metrics today. While they sustain a nice pattern through October they finally succumbed to the Q4 headwinds we've seen from other brokers. DARTs dropped 33% year over year and 6% versus October. Interactive Brok...
