GAINING GROUND ON SCHWAB!
"E*Trade Group Inc., the No. 2 online broker, gained ground on
leader Charles Schwab Corp. in shares of trades, moving within 6
percentage points from almost 15 a year ago, though Schwab's
market share didn't include trades made through CyberCorp, an
active trading company acquired by Schwab March 1. "
quote.bloomberg.com
"Daily Share ($Bln)
Volume (%)
1 Schwab 293,318 21.4 3,700,000 417.7
2 E*Trade 214,573 15.7 2,443,000 62"
quote.bloomberg.com
"San Francisco, May 4 (Bloomberg) -- E*Trade Group Inc., the
No. 2 online broker, gained ground on leader Charles Schwab Corp.
in the first quarter as assets in Web brokerage accounts passed $1
trillion, according to U.S. Bancorp Piper Jaffray Inc.
Schwab's market share slid to 21.4 percent from 22 percent
while E*Trade's rose to 15.7 percent from 15.3 percent."
quote.bloomberg.com |
