|Bid||45.05 x 1100|
|Ask||45.06 x 900|
|Day's Range||44.54 - 45.66|
|52 Week Range||34.68 - 54.08|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||10.90|
|Earnings Date||Jan 22, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||0.56 (1.24%)|
|1y Target Est||44.43|
As online brokers cut their trading commissions to zero, the race to gather client assets is on, and Schwab has the early lead on E*TRADE and TDA.
Online brokers record a rise in new account opening in October. While this means that their strategy to attract more investors is working, it's wait and watch as to how they gain financially.
E*TRADE praised for addressing diversity and inclusion through a variety of external and internal initiatives for employees and customers alike
E*TRADE Financial Corporation today released the data from its monthly sector rotation study, based on the E*TRADE customer net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.
The rapid succession in which the major brokerage firms eliminated trading commissions in early October sent a shockwave through the market. “There's a big secular cycle in our industry where we are in a business that has, for many years now, been in a deflationary cycle where the fees on pretty much everything in financial services are trending down,” she said. Johnson made the remarks during a panel discussion led be eMoney Advisor CEO Ed O’Brien at the 2019 eMoney Summit, the industry’s premier event for planning-led financial advisory professionals.
Cboe Global Markets Inc on Friday launched a service aimed at wooing retail stock orders, as the exchange operator posted better-than-expected third-quarter results, boosted by higher trading volume in its proprietary products. Cboe owns the rights to products such as S&P 500 index options and derivatives linked to the VIX volatility index, Wall Street's so-called "fear gauge." They helped drive Cboe's options trading volumes up about 15% in the quarter from a year earlier, and futures trading volumes up nearly 17%. Cboe also runs four of the 13 U.S. stock exchanges currently operating.
It’s been almost five years since Robinhood debuted zero-fee stock trading, but the approach has finally cracked the mass market. Charles Schwab cut its online stock-trading commissions to zero in early October, and the announcement immediately sent waves throughout the US financial industry. Despite offering zero-fee crypto trading since Feb. 2018, Robinhood’s impact on bitcoin exchanges has been, well, negligible.
The industry panel featured thought leaders from Barron’s, Boys & Girls Club, BlackRock, and E*TRADE. The panel explored key challenges young investors face, including student loans and other debts, saving for retirement, and knowledge of the markets and investing. The panel also dug into the role social media plays, both as an amplifier of exaggerated wealth and an emerging tool for young investors to learn more.
E*TRADE and TD Ameritrade offer comprehensive suites of investment and trading products as well as intuitive platforms with lightning-fast order execution and in-depth research.
Two of the oldest and largest brokers both have best-in-class features, educational resources and trading tools for investors and traders at all levels.
The discount broker pricing war that has pushed trading commission fees down to $0 virtually across the board has been bad news for broker stocks and fee revenues. However, one analyst said Monday that ...
After eliminating trading costs as a differentiating factor, what's next? Retail investors choosing an online broker can now turn to execution quality, which has a bigger impact on profits than commissions.
After being asked six times on a conference call, CEO Tim Hockey said the company’s answer is that it will “look at anything that makes financial and strategic sense.”
TD Ameritrade's (AMTD) Q4 fiscal 2019 (ending Sep 30) earnings performance highlights top-line strength, higher expenses and steady trading activity.
The Bank of America subsidiary now offers free equity and ETF trades to anyone with $20,000 and up in their qualifying accounts. All others get a fee cut from $6.95 to $2.95.