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Online brokerage houses

00 stock trades made using the Internet. The online brokerages made close to $2 million in commissions on those trades, while the investors saved at least $7 million by buying online instead of paying the higher commissions of traditional brokers. This is why online stock trading has been a growth market. One of the fast-growing companies, the ETrade Group, Inc. in Palo Alto, California, saw its quarterly revenue skyrocket 138 percent over the same quarter a year before to a total of $37 million. For the full fiscal year, the company's revenue would reach $126.4 mi

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Online brokerage houses. (1969, December 31). In LotsofEssays.com. Retrieved 04:56, May 05, 2024, from https://www.lotsofessays.com/viewpaper/1691680.html