online trading

(Newser) - Alex Kearns was enjoying investing, family members say—spending time on Robinhood, a free trading app, and experimenting with the stock market. The 20-year-old had just started during the pandemic, Forbes reports, while he was home with his parents from college. But late Thursday night, he apparently was shocked to...

(Newser) - Though past merger talks were never consummated, online stockbrokers E*Trade and TD Ameritrade are again in "serious discussions" over a union, the Wall Street Journal reports. A consolidation would create a dominant player in online trading, reducing competition and perhaps ratcheting up costs for consumers. One source estimates the...

(Newser) - Cantor Fitzgerald, following conflict-of-interest complaints from investors, is planning to distance itself from the brokerage and online trading firms it controls. The deal will create a new company, a merger of eSpeed and BGC Partners.