Advice vs. price

Article Abstract:

Traditional stockbrokers are increasingly facing competition from online trading firms which offer faster services at lower costs. Brokers, who once charged as much as $300 per trade, are losing clients who believe that they can do their own research and trade online for as low as $8. As a result, full-service brokerages such as Merrill Lynch are launching their own online trading services to protect their market share.

Market information - general, Securities Brokerage, Stock Brokerage, Stockbrokers

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Later bedtime nearer for Nasdaq traders

Article Abstract:

The board of the National Assn of Securities Dealers have approved a proposal that would extend trading hours as early as September. The extended trading hours, which will initially involve the Nasdaq 100 stocks, is a result of the desire of small investors for increased access to after-hours trading. The expanded trading hours is also meant to counter competition from electronic commerce networks.

Securities and Commodity Exchanges, Services introduction, Securities Exchanges

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