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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Spytrdr who wrote (8280)9/1/1999 4:35:00 AM
From: IFLY_Trader  Respond to of 13953
 
biz.yahoo.com

Wednesday September 1, 3:21 am Eastern Time
(Note: this article is ''in progress''; there will likely be an update soon.)

E*Trade Japan targets 100,000 accounts in 1st year

TOKYO, Sept 1 (Reuters) - Softbank Corp said on Wednesday that online brokerage unit E*Trade Securities Co will aim for 100,000 trading accounts in its initial year.

E*Trade, which will begin operating on October 1, already has about 30,000 brokerage accounts, said Softbank Executive Vice President Yoshitaka Kitao.

Kitao also said Softbank plans to shortly set up a brokerage called Softbank Frontier Securities, which will deal in shares of unlisted companies.



To: Spytrdr who wrote (8280)9/1/1999 6:52:00 PM
From: Spytrdr  Read Replies (3) | Respond to of 13953
 
Online assets seen at $3 trillion in 2003

NEW YORK (CBS.MW) -- Assets in online brokerage accounts are forecasted to swell to $3 trillion in 2003, up from $415 billion in 1998, according to a bullish report from Jupiter Communications. Some 41 percent of U.S. households with stock investors are expected to directly or indirectly have online trading accounts in 5 years and 30 percent are estimated to manage their bank accounts online, the consultant says in a report released Wednesday.

cbs.marketwatch.com